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.

December 9, 2019

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.

December 4, 2019

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.

December 3, 2019

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.

December 2, 2019

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.

November 29, 2019

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.

November 26, 2019

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.

November 22, 2019

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.

November 21, 2019

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.

November 21, 2019

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.

November 20, 2019