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.
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.
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.
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.
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.
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.
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.
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.
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.
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.