energy-pedia news

Search energy-pedia news by selecting date, type, and region from the drop-down boxes

The full News Archive is available to Corporate Subscribers only. Non-Subscribers can access up to four years of archived news. For details of how to subscribe click here.

Reset

04 Apr 25	bp Chair announces intention to step down; board launches search for successor bp today announced that the company’s board of directors has initiated a succession process to select a new Chair, after Helge Lund informed the board of his intention to step down in due course.
04 Apr 25	US: Shell to sell interest in Colonial Enterprises Inc. to Brookfield subsidiary Shell Midstream Operating LLC (SMUS), a subsidiary of Shell, has agreed to sell its 16.125% interest in Colonial Enterprises, Inc. to Colossus AcquireCo, a wholly owned subsidiary of Brookfield Infrastructure Partners and its institutional partners, for $1.45 billion.
04 Apr 25	DeepOcean engaged by Vattenfall for subsea cable support Ocean services provider DeepOcean has been awarded framework agreements by Vattenfall for the provision of subsea cable Operations and Maintenance (O&M) services, now valid for Vattenfall’s operational European offshore wind portfolio.
04 Apr 25	US: Trump’s tariffs risk pushing up prices for consumers and harming industry Commenting on President Trump’s announcement on new global tariffs, RenewableUK's Deputy Chief Executive Jane Cooper said: 'Tariffs and trade disputes risk pushing up prices for consumers and harming industry, so the priority must be resolving this dispute and developing a UK trade strategy that strengthens our energy security and reduces risks to the UK supply chain.
04 Apr 25	US: Subsea7 awarded contract in the US Subsea 7 has announced the award of a sizeable contract by Shell Offshore Inc. for the Sparta deepwater development in the US.
04 Apr 25	US: Department of Energy awards Management and Operating (M&O) Contract for Strategic Petroleum Reserve The Department of Energy (DOE) has announced that Strategic Storage Partners has secured a $1.4 billion contract to manage and operate the Strategic Petroleum Reserve. The SPR’s mission is to safeguard the United States from significant petroleum supply disruptions through the acquisition, storage, distribution, and management of emergency petroleum stocks.
03 Apr 25	Petrofac’s Asset Solutions business secures US$500 million of contracts Petrofac’s Asset Solutions division has been awarded a collection of scope expansions and new contracts in the first quarter of 2025, totalling US$500 million. The awards target growth geographies, including the UK, Europe, Middle East, Africa, Asia Pacific and US.
03 Apr 25	UK: Imrandd secures contract renewal with Apache North Sea, expanding scope to include pipeline capability Data specialist and engineering consultancy, Imrandd, has successfully renewed its contract with Apache North Sea. This renewal extends Imrandd’s ongoing provision of integrity data analytics and onshore integrity engineering support across all seven of Apache’s North Sea assets.
03 Apr 25	Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to market stability and adjust production upward The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 3 April 2025, to review global market conditions and outlook. The eight countries reaffirmed their commitment to the voluntary production adjustments agreed at the 53rd JMMC meeting on 3 April 2024.
03 Apr 25	US: INEOS Energy completes the acquisition of oil and gas assets in US Gulf from CNOOC INEOS Energy has announced the completion of the acquisition of the US Gulf business held by CNOOC Energy Holdings U.S.A. Inc., a U.S. subsidiary of CNOOC International. The deal increases INEOS Energy’s production globally to over 90 thousand barrels of oil equivalent per day and marks the third major investment by INEOS Energy in the USA, in the past three years.
03 Apr 25	UK: Government kickstarts £100 million fusion investment A first of its kind partnership between the government and private sector could see over £100 million invested into the UK’s growing fusion energy industry. Government invests £20 million into 'Starmaker One' - a British fusion investment fund which is expected to leverage £100 million into the UK.
03 Apr 25	US: TGS announces completion of CO2 storage assessments for Gulf Coast regions TGS has released the Central Gulf Coast–Haynesville CO2 Storage Assessment, the final segment of the comprehensive Mega Gulf Coast Assessment. This assessment builds on previous releases for the East Gulf Coast and Gulf Coast assessments in 2024.
03 Apr 25	UK: Retail co-ops sign renewable energy supply deal with RWE Power generator RWE has signed a corporate power purchase agreement (CPPA) with five UK retail co-operatives – Lincolnshire, Scotmid, East of England, Southern, and Central – to supply renewable electricity to over 400 locations.
03 Apr 25	Germany: ALTUS renewables places order with Nordex Group for 40 MW in Germany The Nordex Group has received an order for 39.9 MW in Baden-Württemberg, Germany, from a subsidiary of ALTUS renewables GmbH. The Nordex Group will install eight turbines from the Delta4000 series for the Seewald wind farm in the northern Black Forest.
03 Apr 25	Trinidad: BP Trinidad and Tobago gives Ginger green light, announces Frangipani success bp Trinidad and Tobago has achieved two major milestones, sanctioning the Ginger gas development and exploration success at its Frangipani well. Taking FID on Ginger and discovering gas at Frangipani are the latest demonstrations of upstream activity this year for bp, in line with its strategy to grow its oil and gas business.
03 Apr 25	Trinidad: bpTT announces start of production from new Cypre gas project bp Trinidad and Tobago (bpTT) has confirmed its Cypre development has safely delivered its first gas. Cypre is one of bp’s 10 major projects expected to start up worldwide between 2025 and 2027, announced as part of bp’s reset strategy to grow the upstream.
03 Apr 25	Shelf Drilling announces North Sea contract update Shelf Drilling has received a notice of contract termination for the Shelf Drilling Winner from the customer, TotalEnergies EP Denmark. Under the notice and in accordance with the contract, the termination shall be effective during August 2025.
03 Apr 25	US: Nostra Terra receives partner approval for Fouke 3 well at Pine Mills AIM-listed Nostra Terra has provided an update on its Pine Mills producing asset in Texas, USA. The Company has received partner approval for the drilling of the Fouke 3 well.
03 Apr 25	UK: Balmoral Comtec backs renewables with million-pound wave and current simulation facility Balmoral Comtec, a Balmoral Group company and a leading provider of buoyancy, protection and insulation services to the global offshore energy market, has invested £1 million in the development of a state-of-the-art Wave and Current Simulation Facility at Balmoral Business Park in Aberdeen.
03 Apr 25	Norway: Aker BP, SLB and Stimwell Services extend Well Intervention and Stimulation Alliance Aker BP, together with SLB and Stimwell Services, has extended its Well Intervention and Stimulation Alliance agreement for another five years to further accelerate and boost oil production.
02 Apr 25	UK: Offshore wind supply chain and port infrastructure set for £15m boost through The Crown Estate’s Supply Chain Accelerator Funding for crucial development of manufacturing facilities and port infrastructure to enable swifter deployment of offshore wind around the UK is the focus of the second round of The Crown Estate’s innovative Supply Chain Accelerator. Following the success of the initial funding round in 2024 The Crown Estate has allocated £15m for the next round of the programme which seeks to kick-start investments in UK offshore wind-related port infrastructure and supply chain facilities.
02 Apr 25	UK: NESO given go ahead for Regional Energy Strategic Planning across Great Britain Following a public consultation, Ofgem has confirmed the activities National Energy System Operator (NESO) should undertake as Regional Energy Strategic Planner. As the Regional Energy Strategic Planner for Great Britain, NESO will join up national and local energy plans, to help ensure local areas get the energy infrastructure they need to meet their plans for economic growth and net zero.
02 Apr 25	UK: UK’s oil and gas key to Hydrogen scale-up, says OEUK UK hydrogen deployment has been slower than expected but we should seize the opportunity to make the most of hydrogen as a decarbonisation tool. Offshore Energies UK (OEUK) has released a report outlining key recommendations for policymakers to accelerate the UK hydrogen sector.
02 Apr 25	Ireland: SSE granted planning permission to extend life of Richfield Wind Farm SSE has been granted planning permission by Wexford County Council to extend the operational life of its Richfield Wind Farm near Bridgetown in County Wexford for a further 20 years.
02 Apr 25	Denmark: TotalEnergies and European Energy sign declaration on renewable energy development in Denmark TotalEnergies and European Energy have signed a Joint Declaration to pursue opportunities within offshore wind in Denmark and explore further cooperation on onshore renewables and low carbon molecules projects. The declaration outlines the parties’ shared ambition to participate in the new upcoming Danish offshore wind tender.