Government promises to support UK oil and gas amid North Sea exploration restrictions
THE UK government looks set to follow through on its manifesto promise to ban new oil and gas exp...
News - Oil & Gas
bp slashes investment in renewables to focus on ‘high-margin’ fossil fuels
BRITISH energy giant bp is slashing its investment in renewables in favour of priortising its oil...
UK green Energy Skills Passport launched to support industrial heartlands
UK OIL AND GAS workers now have a streamlined path to green jobs with the launch of the governmen...
Eni launches Europe’s ‘most powerful’ supercomputer to aid decarbonisation efforts
ITALIAN oil giant Eni has switched on its next generation supercomputer, ranked the most powerful...
ExxonMobil, bp, and Chevron among oil and gas giants investing in University of Aberdeen energy initiative
ENERGY giants have invested £600,000 (US$786,000) in the University of Aberdeen’s energy initiati...
Shell to cut 20% of exploration jobs as it transitions away from fossil fuels
SHELL is slashing around 20% of jobs in its integrated gas and upstream business as part of restr...
Saudi Aramco agrees US$702m deal with Sumitomo Chemical for majority stake in Petro Rabigh
OIL AND GAS giant Saudi Aramco will become the majority stakeholder of Petro Rabigh in a deal wor...
bp expands operations in the Gulf of Mexico with sixth oil field
BRITISH multinational bp is adding a sixth oil field to its operations in the Gulf of Mexico, bri...
Shell and ExxonMobil sell offshore North Sea assets in US$246m deal
SHELL and ExxonMobil have agreed to sell their joint Dutch North Sea venture to Canadian company ...
Woodside to become ‘global LNG powerhouse’ with US$900m Tellurian acquisition
AUSTRALIAN energy company Woodside aims to become a ‘global LNG powerhouse’ following its agreem...
CSB releases final report on fatal bp-Husky Toledo refinery explosion
THE US Chemical Safety Board (CSB) has issued its final report identifying the “critical” safety ...
Shell adds CCS projects to Canada energy and chemicals complex
SHELL is expanding CCS capabilities at its refinery and chemicals complex in Alberta, Canada with...
Australia plans for natural gas drilling despite net zero commitments
THE AUSTRALIAN government has revealed plans to increase natural gas drilling and exploration, st...
Shell to sell Singapore petchem assets in ongoing effort to decarbonise the region
OIL AND GAS company Shell is set to sell off all its petrochemical and refinery assets in Singapo...
US approves Texas offshore oil port despite environmental outcry
THE US has given the greenlight for Enterprise Products Partners to begin construction on a deepw...
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