Europe

Public Capital , Exploration & Production , Emissions , Renewables

Lundin Petroleum Aims To Become Carbon Neutral By 2030

The Lundin Petroleum board also proposed to change the company's name to Lundin Energy AB, it said in a statement.

January 27, 2020

Exploration & Production , International , Health, Safety & Environment

Greenpeace Loses Norway Arctic Oil Lawsuit Appeal

The lawsuit is seen as part of an emerging branch of law worldwide where plaintiffs seek to use a nation's founding principles to make the case for curbing emissions.

January 23, 2020

Investment , Natural Gas , Crude Oil , Emissions , Renewables , Digital Oilfield

2020 Outlook: Energy Transition To Take Center Stage For Oil Industry

New research shows a sharp increase in expected low-carbon investment this year by oil and gas companies, despite volatile market conditions.

January 22, 2020

Public Capital , People , Exploration & Production

BP Appoints Murray Auchincloss As New Finance Chief

BP's finance chief Brian Gilvary is to step down in June after eight years in the role and will be replaced by a close ally of Bernard Looney who takes over as CEO next month.

January 21, 2020

Exploration & Production

Norway’s December Oil Output Hits 9-year High

Output from the giant Johan Sverdrup, which came onstream in late October, helped lift Norway’s December crude output by 4.3% from November and 17% year-on-year.

January 17, 2020

Public Capital , Exploration & Production , Shale Plays , Technology , Acquisitions & Divestitures

Big Three Oilfield Service Firms Start Year With Asset Sales

Schlumberger, Halliburton and Baker Hughes reportedly kicked off the new year by putting units up for sale, as the three largest names in oilfield services adjust to falling demand.

January 17, 2020

Trends

Energy A&D Transactions From The Week Of Jan. 15, 2020

Here’s a snapshot of energy deals from the past week including Kimbell’s acquisition of NGP-backed Springbok plus the closing of Parsley’s multibillion-dollar merger with Jagged Peak.

January 15, 2020

Public Capital , Exploration & Production , Technology , Acquisitions & Divestitures

BW Offshore Sets Date For $800 Million E&P Spinoff

BW Offshore, a service provider to many petroleum producers, has in recent years built up its own E&P operations through BW Energy, which it plans to spin off first-quarter 2020.

January 15, 2020

International , Construction , Pipelines

Putin: Nord Stream 2 Pipeline Will Be Finished By Around Year-end

Nord Stream 2, which will carry Russian gas to Europe avoiding transit across Ukraine, requires some 160 km of pipes to be laid and was initially expected to be in operation in the first half of 2020.

January 14, 2020

Digital Oilfield

Interview: Driving Energy Innovation With Digital Twins

Kongsberg Digital expects its Dynamic Digital Twin technology to drive down costs and improve efficiencies for an oil major in the Norwegian North Sea.

January 9, 2020