Shearwater

Shearwater starts off new seismic acquisition in Brazil’s Pelotas Basin

Shearwater Norwegian offshore seismic vessel player Shearwater Geoservices has started the second acquisition season for the Pelotas Basin multi-client 3D seismic survey offshore Brazil. This new acquisition, conducted in partnership with Searcher Seismic, will be the sixth multi-client 3D project for the joint venture and will utilise the SW Empress vessel to expand the Pelotas […]

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North Sea

Shell and Equinor team up in North Sea

Equinor UK and Shell UK are joining forces to create the UK North Sea’s largest independent oil and gas producer. Combining their offshore assets and expertise into a 50/50 joint venture, the new company will focus on sustaining domestic oil and gas production, ensuring the UK’s energy security and maximising the value of the maturing […]

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Biden Bans Offshore Drilling….Kinda

Daily Standup Top Stories Politics Biden bans new offshore oil and gas drilling in most U.S. coastal waters January 6, 2025 Mariel Alumit We talked about this on our Daily Stand Up (http://energynewsbeat.co/biden-eyes-drilling-ban/ and no less than 12 hour later it comes through – we already see prices going up…will be interesting to see how incoming […]

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Norway

Norway Doubles Down on Oil and Gas

Norway\’s oil and gas investment is expected to reach a record high in 2025, driven by new exploration activity and increased demand for Norwegian gas. While Norway is a leader in renewable energy, it continues to invest heavily in oil and gas production, raising concerns about its climate commitments. Norway aims to balance its oil […]

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Week Recap: Natural Gas, Green Policy Backlash, and Trump’s Plans

Weekly Daily Standup Top Stories Newsom Calls Emergency Session To Trump-Proof California, Defend Climate Policies And More November 9, 2024 Mariel Alumit Gavin Newsom called a special legislative session to ‘fight’ President-elect Trump, citing him as a threat to California’s climate programs and more. On Thursday, California Governor Gavin Newsom (D) called a special legislative session […]

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California\’s Price Hike

Daily Standup Top Stories California’s New Fuel Rules Could Raise Gas Prices by $0.50 Per Gallon November 12, 2024 Mariel Alumit California’s Air Resources Board recently amended the Low Carbon Fuel Standard, increasing target reductions despite affordability concerns. Consumer advocates fear that this move could raise gasoline prices by almost 50 cents per gallon. Currently, Californians […] […]

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Rafael Threatens Gulf Production

Daily Standup Top Stories Trudeau to Order Oil, Gas Producers to Cut Emissions by 35% November 4, 2024 Clark Savage Industry limit to be implemented through cap-and-trade system Canada to start collecting data in 2026, enforcement in 2030 Prime Minister Justin Trudeau’s government will require Canada’s oil and gas industry to cut emissions by 35% from 2019 […] South […]

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