
UK North Sea oil and gas industry failing to shift investments to renewable energy
Only seven of 87 companies are projected to invest in renewable energy by 2030, raising concerns about UK’s commitment to a greener future.

Only seven of 87 companies are projected to invest in renewable energy by 2030, raising concerns about UK’s commitment to a greener future.

The US Bureau of Safety and Environmental Enforcement has provided its final update on oil and gas operations in the Gulf of Mexico.

Equinor has awarded a contract to Aker Solutions for topside modifications on the Troll A platform, as part of the Troll Phase 3 project offshore Norway.

China National Offshore Oil Corporation (CNOOC) has commenced production from the Shenhai-1 Phase II natural gas development project.

Prio has agreed to acquire 40% interest in the Peregrino and Pitangola Fields, jointly known as Peregrino, in the Campos Basin

The Falkland Islands is intent on approving the start of development of a huge oil field in its territorial waters, Sea Lion.

US-based oil company Devon Energy has completed its acquisition of Grayson Mill Energy assets, a deal valued at $5bn in a cash and stock.

TotalEnergies has agreed to acquire a 45% interest in dry gas producing assets in the Eagle Ford basin in Texas from Lewis Energy Group.

The Public Utility Commission of Texas (PUCT) has approved the Permian Basin Reliability plan, supporting the US rising electricity demands.

The Guangdong Energy Group is set to commence commercial operations of a new LNG terminal in Huizhou, Guangdong province, Reuters reported.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.