Sixteen companies. including five majors. have submitted 60 applications for the five acreages on offer in Ghana’s first licencing round.
Read More »European Companies have Outspent U.S. Rivals on Clean Energy Investments
ExxonMobil was heavily criticized over its slower move to embrace the concerns of climate change.
Read More »Oil Major Chevron to Leave Norway`s Offshore Sector
Chevron is investing billions of dollars in a new reinjection system that will put the sour gas back into the reservoir.
Read More »Big Oil should Double Costs to Reach Climate Goals
The largest European oil companies spend about 5 percent of their capital expenditure budgets on ``new energies``.
Read More »Equinor Seeks to Build a Core Area in Brazil
Over the last year Equinor has actively participated in new offshore licensing rounds.
Read More »Norway`s Oil Industry Good Prospect
Norway’s leading industry has been on the mend for the past two years after a 2014-2016 downturn.
Read More »New Offshore Wind Hammer Tested
The new hammer uses a large water tank to provide a more energetic. but quieter blow for offshore installation.
Read More »Saudi Arabia Cooperation with Tesla. Preparation for Post-Oil Economy
If the deal goes ahead. it is going to be just one step along the much longer journey for Saudi Arabia.
Read More »Equinor`s Oil and Gas Discovery Near Gudrun Field in North Sea
The discovery has been made at well 15 3-11 on the 15 3-4 (Sigrun) located in production license 025. following drilling.
Read More »Europe`s Energy Giants Earn Benefits of Oil Price Surge
The rise in the price of crude is obviously very good news for oil companies.
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel