World Bank to stop lending to oil and gas
WORLD BANK GROUP president Jim Yong Kim has announced that the organisation will no longer financ...
News - Oil & Gas
INEOS shuts Forties pipeline
INEOS has closed its Forties oil pipeline, which transports 40% of the UK’s oil production, aroun...
BASF and LetterOne to merge oil and gas units
BASF and LetterOne have signed a letter of intent to merge their oil and gas subsidiaries, Winter...
Maersk Oil gets approval for US$3.36bn Tyra gas investment
THE Danish Underground Consortium (DUC) has approved a DKK21bn (US$3.36bn) investment, allowing M...
BASF in talks for DEA oil and gas merger
BASF has announced that its Wintershall unit is in talks to merge with Letter One’s oil and gas a...
Energy majors commit to reducing methane emissions
EIGHT global energy majors have committed to reducing methane emissions from their natural gas as...
INEOS expands North Sea oil and gas operations
INEOS will move into deep water oil and gas exploration, after agreeing to buy a majority stake i...
Natural gas emissions threaten EU carbon budget
METHANE emissions from natural gas have been underestimated by governments, and the “bridging fue...
OGCI selects first three green investment projects
THE OIL AND GAS CLIMATE INITIATIVE (OGCI) has selected the first three low carbon projects to ben...
Functionalising waste methane in remote locations
A NOVEL electrochemical process to convert methane into methanol precursors could reduce the need...
Wood Group wins contract for offshore LNG platform
HONGHUA GROUP has awarded Wood Group the front end engineering and design (FEED) contract for its...
Glencore to spend US$1bn on Chevron South African assets
GLENCORE has announced that it will spend US$973m acquiring Chevron’s oil assets in South Africa ...
Filtering fracking water for reuse
A SUPERHYDROPHILIC filter has been shown to remove 90% of hydrocarbons, bacteria, and particulate...
UK offers £5m funding for North Sea exploration
NORTH Sea oil and gas exploration will receive £5m (US$6.7m) in funding from the UK government in...
BP and Bridas form JV for Argentinean assets
BP AND Bridas Corporation have formed a joint venture combining their interests in Pan America En...
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