Recommended Reading
Barnett Shale’s Largest Producer BKV Corp Files for IPO
2022-11-18 - The company, which also has assets in the Marcellus, has an integrated approach that includes upstream, midstream, power generation and carbon capture business lines.
UK Oil Sector Faces $24 Billion Bill to Plug Old Wells: Report
2022-11-22 - The cost burden for plugging wells and removing platforms, in what is known as decommissioning, is set to rise sharply over the next three to four years as more fields stop production, Offshore Energies UK (OEUK) warned in a report.
Shell to ‘Evaluate’ 25 Billion-Pound British Investments after Windfall Tax
2022-11-22 - “We’re going to have to evaluate each project on a case-by-case basis,” said Shell’s U.K. country chair David Bunch told the Confederation of British Industry’s annual conference in Birmingham.
BP Weighs Ending its 70-Year-Old Statistical Review of World Energy
2022-11-28 - CEO Bernard Looney has radically shifted BP’s focus since taking office in 2020 and its Statistical Review of World Energy report has been seen by some BP executives as detrimental to the company’s new direction, sources told Reuters.
Britain’s Windfall Tax Risks North Sea Cash Flight, Output Drop
2022-11-23 - Energy giants Shell Plc and Equinor ASA said they were evaluating their investment plans after last week’s decision to raise tax to 35% from 25% to help plug Britain’s fiscal hole.