The strong increase in oil and gas production helped BP to offset weaker crude prices and refining profit.
Read More »North Sea Oil and Gas Projects Boosted by Farm-Out Deals
Two North Sea farm-out deals were announced today in another sign that the mature UK basin can still generate fresh investment for oil and gas projects.
Read More »North-East MSP Demands Assurances on Plans for CCS
A north-east MSP has called for assurances that UK carbon capture and storage (CCS) projects won’t hit the buffers following the Cabinet reshuffle.
Read More »Shell Suspends Curlew Clean Up Due to Incident with Worker
Oil giant Shell has confirmed all decommissioning work on the Curlew floating production vessel (FPSO) has been suspended due to an incident involving a worker.
Read More »Oil companies are confused about the future of oil
The CEOs of oil companies are in a tight spot.
Read More »Nigeria’s Largest Oil Independent to Spend $5 Billion to Boost Output
Nigeria’s largest independent oil producer plans to spend as much as $5 billion to boost its oil and natural gas production in the next five years.
Read More »New Competition Seeks to Improve Wind Energy Resource Estimates
The growing size of offshore turbines and wind farms. extending beyond 200m in height and occupying tens of kilometres. has challenged traditional wind farm models.
Read More »New Australian Research Paves the Way for North Sea CCS
New research on Australian gas fields could ‘pave the way’ for the safe development of carbon capture and storage (CCS) in the UK North Sea.
Read More »BHGE. C3.ai Announce JV to Deliver AI Solutions Across the Oil and Gas Industry
Baker Hughes. a GE company and C3.ai today announced a joint venture agreement that brings together BHGE’s fullstream oil and gas expertise with C3.ai’s unique AI software suite to deliver digital transformation technologies.
Read More »New Jersey picks Ørsted for First Offshore Wind Project
The 1.100MW Ocean Wind offshore wind farm is expected to power more than half a million homes.
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