Oil and Gas Sustainability Strategies: ESG Fact and Follies
As the hydrocarbon industries face intensifying pressure from stakeholders to emit less, nine oil and gas leaders share their viewpoints on how the industry should deal with expectations versus reality and why that might cut across the grain.
Expro Launches World's First Fully Autonomous Well Intervention System Galea
The system reduces the impact of operations on the environment around the well site. Galea has several fail-safe features to ensure containment and eliminate potential wire-breaks during interventions.
Lancium Closes $150 Million in Financing to Grow Clean Energy Business
Hanwha Solutions leads financing round, with participation from other leading strategic energy investors.
No Small Spill: Small-caps Versus Big Oil
Oil and Gas Investor Executive Editor-at-large Leslie Haines explores how the recent small oil spill offshore California raises huge concerns.
Energy Transition Spells Trouble for High-cost Oil Producers
High-cost fossil fuel producers like the U.S., Canada, Russia and Brazil need to plan for a rapid decline in exports in the coming years, or they risk being left in the lurch as the energy transition takes hold.
DNV, Applied Risk Partner to Build World’s Largest Industrial Cybersecurity Practice
The two companies aim to to safeguard critical infrastructure in energy, maritime, manufacturing, chemicals, healthcare and other sectors.
Cheniere to Sell US LNG to China's Foran Group
The deal is one of several announced in recent weeks as LNG buyers seek to lock in long-term prices and supplies of natural gas.
Japan's JERA Buys on LNG Spot Market to Ensure Winter Power Supply
To ensure fuel supply, JERA plans to keep its LNG inventory level at 1.7 million tonnes during December and February, 0.2 million tonnes higher than usual, Noguchi said.
Pinched by Energy Crisis, Spanish Coal Plant Slated for Closure Fires Up
To help the grid cope, Spain's power company restarted operations at one unit of its 1,400-megawatt coal plant in the northwestern Galicia region.
Equinor Awards Contracts to Aibel for Norwegian Offshore Fields
The Krafla field development will be one of the biggest development projects on the NCS in the planned realization period.
China to Release Oil Reserves According to its Needs
President Biden urged nations to coordinate oil release from Strategic Petroleum Reserve (SPR), in coordination with other countries, as part of efforts to tamp down high gas prices.
Goldman Sachs Says Global Oil Reserves Release 'a Drop in the Ocean'
Global oil prices climbed to a one-week high after the move to release oil from strategic petroleum reserves to cool the market fell short of some expectations.