Latest News
-
19 Apr 24UK: Scottish Government stepping up action to net zero
The Scottish Government is stepping up action to tackle climate change with a suite of new policies on transport, including increasing the number of electric vehicle chargers, and land use. -
19 Apr 24UK/Denmark: National Grid launches Viking Link, the next step towards a North Sea super-grid
Delivering a major milestone in the UK energy transition and the next step in creating a North Sea grid, National Grid has today formally launched Viking Link, a record-breaking 475-mile-long land and subsea cable connecting British and Danish energy grids for the first time. -
19 Apr 24Stena Bulk completes sale of Stena Blue Sky
Leading tanker shipping company Stena Bulk has announced the successful sale of Stena Blue Sky to an undisclosed Asian buyer. The sale of Stena Blue Sky follows the recent announcement that Stena Bulk had sold two LNG carriers to BW LNG. -
19 Apr 24Petrobras and bp sign memorandum of intent for business and research
Petrobras and bp have signed a Memorandum of Understanding with the aim of promoting discussions and collaboration between the companies. This non-binding agreement focuses on topics such as: business opportunities in Sustainable Fuels, Carbon Credits, Refining and Exploration and Production. The companies will also work together on research, development, and innovation projects. -
19 Apr 24Egypt: SDX Energy announces sale of West Gharib asset in Egypt
SDX has executed a binding sale and purchase agreement ('SPA') for the disposal of the Company's West Gharib interests in Egypt. The Company also continues to progress the binding documentation for the sale of its South Disouq assets. -
19 Apr 24US: 88 Energy announces further information on Hickory-1 flow test results
88 Energy has provided a further update and information in relation to the successful flow test results announced on 2 April and 15 April 2024, from the Company's Hickory-1 discovery well, located in Project Phoenix on the North Slope of Alaska. -
19 Apr 24Woodside announces first quarter report for period ended 31 March 2024
Woodside has announced its first quarter report for period ended 31 March 2024. Woodside CEO Meg O’Neill said production in the first quarter totalled 44.9 million barrels of oil equivalent (boe) and guidance for the full year remained at 185-195 million boe. -
18 Apr 24Cuba: Melbana Energy announces Alameda-3 drilling update
Melbana reports that sections of elevated formation gas have been encountered indicative of hydrocarbons in the reservoir, consistent with the exploration well Alameda-1. -
18 Apr 24Brazil: Petrobras sells its stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco
Petrobras has sold its entire stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco. Production from the two fields was interrupted in March 2020 and the respective platforms have been mothballed ever since.