Big Oil Companies
BP to Invest $1.5B in Egypt
BP Plc plans to invest about $1.5 billion in Egypt during the next few years as it seeks to develop gas projects and drilling in the North African country. The spending, which will be net […]
BP
Big Oil Companies
Daily Energy Standup Episode #317 – Granholm’s Clean Energy Agenda, First Solar’s Impact, and Saudi Arabia’s Oil Woes
Daily Standup Top Stories Energy Secy. Granholm explains the clean energy ‘battle’ – Really? February 26, 2024 Stu Turley The Biden administration has made some big investments into infrastructure and clean energy initiatives within the US. […]
Big Oil Companies
Chevron’s $53 Billion Deal for Hess in Jeopardy on Possible Exxon Challenge
Chevron CVX -0.14%decrease; red down pointing triangle warned investors Monday that Exxon Mobil XOM 0.39%increase; green up pointing triangle and China’s Cnooc are asserting they have a right to pre-empt the company’s bid for a stake in a prolific oil project off […]
Exports
Kosmos: BP’s Tortue project to produce first LNG in Q4
BP’s delayed Greater Tortue Ahmeyim FLNG project, located offshore Mauritania and Senegal, is now expected to start producing liquefied natural gas in the fourth quarter of this year, according to project partner Kosmos Energy. Kosmos […]
Exports
Flex LNG secures two-year charter extension with BP
EuropeGas Flex LNG The New York and Olso-listed Flex LNG has won an extension for its 2019-built 173,400 cu m LNG carrier Flex Courageous. This is the first extension option for the vessel which, the […]
Climate Crisis
Daily Energy Standup Episode #314 – Russia’s LNG Ambitions: A Game-Changer for Global Energy Markets
Daily Standup Top Stories Russia to triple LNG exports by 2030 – deputy PM February 21, 2024 Mariel Alumit The country now ranks fourth in the world in terms of liquefied natural gas sales, according to […]
Big Oil Companies
North Sea platform electrification ‘key’ to unlock emission cuts from oil & gas production, says NSTA
UK’s regulator North Sea Transition Authority (NSTA) has held a workshop on platform electrification with 11 major operators on the UK Continental Shelf (UKCS) and ten technology suppliers to discuss technical solutions to boost the […]
Big Oil Companies
Chicago sues oil companies for causing climate change, points to 1995 heat wave
ENB Pub Note: This is a total weaponization of the legal system for fraudulent reasons. Facts, fiscal responsibility and physics matter when dealing with the cost of energy. The city of Chicago filed a sprawling lawsuit against […]
Crude Oil News
World Trade Concerns as Red Sea Shipping Slows
Shipping giant Maersk announced they would implement a shipping freeze in their trade routes in the Red Sea due to a high seas attack from Yemen-based Houthi militants. Despite the best efforts in the volatile Red Sea, […]
Big Oil Companies
Adnoc, BP to form gas JV in Egypt
Energy giants Adnoc and BP have agreed to form a joint venture in Egypt that will focus on natural gas. The JV, in which UK-based BP will have 51 percent and UAE’s Adnoc 49 percent, […]