Europe
Public Capital , People , Deepwater
Tullow Oil CEO Resigns After Company Continues To Face Issues Offshore Ghana
Tullow Oil on Dec. 9 said its CEO Paul McDade has resigned and the oil and gas explorer also scrapped its dividends, as it continues to face issues at its fields in Ghana.
Renewables
BP To Supply Renewable Energy To Amazon's Europe Data Centers
BP Plc said on Dec. 4 it would supply renewable energy to Amazon.com Inc.'s European data centers that drive the technology giant's cloud platform.
Exploration & Production , Renewables
Growth In Global Carbon Emissions Slowed In 2019: Report
A surprise drop in coal use in the United States and Europe has helped to slow the growth of global carbon dioxide emissions this year, with softening demand in China and India also contributing, according to a study published on Dec. 4.
Natural Gas , Emissions
Gas Producer Energean Commits To Net Zero Carbon Output By 2050
London company, which is also an oil producer, plans operational efficiencies and a shift toward natural gas.
Crude Oil
Brent, WTI Oil Prices Weaken Ahead Of OPEC+ Meeting
Oil prices dipped on Nov. 29 in muted activity because of the U.S. Thanksgiving holiday while OPEC watchers expect an extension to a pact to throttle oil output beyond March but no deeper cuts to be decided by the producer group and its allies.
Business , Exploration & Production
Ex-Faroe Petroleum Team Raises About $13 Million In London IPO
The shares are expected to start trading in London’s small-cap AIM market on Nov. 28.
Crude Oil
Oil Holds Near Two-Month High On OPEC+ Extension Expectations
Oil prices held near two-month highs on Nov. 22 and were set for a third consecutive week of gains, boosted by expectations of an extension to OPEC+ production cuts although doubts over U.S. and China trade talks capped gains.
Investment
Norway’s Oil Industry Raises 2019-2020 Investment Forecasts
Oil industry investments are now seen at 182.9 billion Norwegian crowns (US$20.0 billion) in 2019, up from the 181.7 billion crowns forecast in August, SSB said.
Public Capital , International
Shares Of London-Listed Oil Firms Fall After Labour Touts Tax
‘Windfall’ tax will be introduced to shift cost of climate change to oil companies.
Trends
A&D Transactions From The Week Of Nov. 20, 2019
Here’s a snapshot of energy deals from the past week including Noble Energy’s $1.6 billion midstream sale plus the closing of Occidental Petroleum’s $1.5 billion Permian Basin JV.