Europe
News
June 07, 2022
Sercel has announced the sale of a 15,000 channel WiNG system to Smart Seismic Solutions (S3), a French seismic and geophysical survey contractor, on Tuesday.
News
June 02, 2022
After extensive repairs and improvement work, Norway’s Hammerfest LNG is back in production after the fire in September 2020, Equinor announced. The first LNG is now on tank at Melkøya.
News
June 02, 2022
Shell Plc won official consent to develop the Jackdaw natural gas field in the UK’s North Sea, eight months after the country’s regulator blocked the project on environmental concerns.
News
June 01, 2022
Oil and gas exploration and production companies in the North Sea are set to miss out on billions of dollars of cash after the UK implemented a windfall tax on energy firms to tackle the rising cost of living.
News
May 31, 2022
As he opened the COP26 climate talks in November, Boris Johnson warned “it’s one minute to midnight” in the race to slash planet-heating carbon emissions. His government has since announced £37 billion of funding focused squarely on subsidizing the consumption of energy -- much of it fossil fuels.
News
May 31, 2022
Petrofac, a global energy industry services provider, has been selected by i3 Energy to provide well engineering, well operations and well operator services for its UK North Sea license areas.
News
May 31, 2022
The OPEC+ coalition will likely hold firm to its oil production plans this week even as the European Union moves to sanction group member Russia, delegates said.
News
May 27, 2022
How the UK government finds itself mounting a tax raid on the oil and gas industry, while simultaneously breaking a promise not to offer fossil fuel producers incentives to drill more, shows how the invasion of Ukraine has turned the world of energy on its head.
News
May 27, 2022
The UK Treasury is set to collect record revenue from oil and gas this year, with or without a windfall tax.
News
May 27, 2022
Some EU leaders are leaning toward a deal that would ban seaborne oil while temporarily sparing deliveries through a key pipeline to give landlocked Hungary more time.
News
May 26, 2022
Canada’s top energy official said Prime Minister Justin Trudeau’s government is open to accelerating a liquefied natural gas project that could start supplying Europe in as soon as three years.
News
May 24, 2022
The United Arab Emirates has started shipping rare cargoes of oil toward Europe, where crude buyers are snubbing imports from Russia in the wake of the nation’s invasion of Ukraine.
News
May 23, 2022
Billions of pounds of investments aimed at building the UK’s net zero energy infrastructure could be diverted to other countries if politicians keep threatening to impose windfall taxes, the chief executive of Offshore Energies UK warns.
News
May 23, 2022
Oil eased off earlier gains with the European Union’s ban of Russian oil looking increasingly unlikely to pass.
News
May 22, 2022
The pledge will see 80% of the planned spending go to carbon capture and renewable energy projects, and the remaining 20% to oil and gas production, according to the report.
News
May 20, 2022
Former German Chancellor Gerhard Schroeder is quitting his post as chairman of Russian state-owned oil company Rosneft PJSC after widespread calls for him to cut ties to Russian President Vladimir Putin over the invasion of Ukraine.
News
May 18, 2022
The Biden administration plans to ease sanctions on Venezuelan oil in a bid to bring more of the country’s crude to Europe.
News
May 18, 2022
The war in Ukraine has prompted Europe to reshape its energy policy, and once-snubbed U.S. LNG is now a key part of a European Union’s strategy to wean itself off Russian gas expected to be outlined this week.
News
May 17, 2022
Commenting on the vote on the Queen’s Speech, Offshore Energies UK External Relations Director Jenny Stanning said it is essential to attract investment into North Sea projects to support the UK's energy security and the energy transition.
News
May 17, 2022
Hungary told its European Union counterparts that it will cost at least 770 million euros ($810 million) to revamp its oil industry as they wrangle over potential sanctions that would target Russian supplies.
News
May 13, 2022
In a weekly online briefing on Thursday, May 12, DTEK CEO Maxim Timchenko discussed Ukraine’s energy security. He provided an update on energy sector operations and restoration of electricity supply amid the Russian invasion.
