Equinor's Hammerfest LNG plant suffered a compressor failure caused by a technical problem with a heat exchanger and is expected to remain offline until May 19.
Rystad Vice President Matthew Hale says widespread adoption of electric vehicles will have a significant impact on oil demand and price going into 2030.
UniCredit will strengthen its advisory services for companies in carbon-intensive sectors, as well as boost sustainable lending.
Norway plans to offer 92 exploration blocks in Barents, Norwegian Seas, but the Socialist Left party vows to fight to stop or reduce the plan.
Also in this week's A&D Minute: What's fueling the multi-billion dollar midstream M&A spending spree? Plus, see what Hilcorp Alaska bid at a Cook Inlet lease sale.
Under President Biden's Inflation Reduction Act, the Alaskan sale is required to hold by Dec. 31.
Here’s a snapshot of recent energy deals including a $1.55 billion acquisition by Diamondback Energy in the Permian Basin and Shell’s nearly $2 billion RNG deal.
The Inflation Reduction Act, signed in August, directed BOEM to hold the Alaska Cook Inlet sale on or before year’s end.