Norway has secured a parliamentary majority for its plans to open up for deep-sea mining despite opposition from environmentalists and the fishing industry, who warn the move risks further…Continue readingNorway’s parliament backs deep-sea mining plans
Tag: gas
Saudi Arabia is driving a huge global investment plan to create demand for its oil and gas in developing countries, an undercover investigation has revealed. Critics said the plan…Continue readingRevealed: Saudi Arabia’s grand plan to ‘hook’ poor countries on oil
The world is on track to have burned more coal, oil and gas in 2023 than it did in 2022, according to a report by the Global Carbon Project,…Continue readingGlobal carbon emissions from fossil fuels to hit record high
The president of COP28, Sultan Al Jaber, has claimed there is “no science” indicating that a phase-out of fossil fuels is needed to restrict global heating to 1.5˚C, the…Continue readingCOP28 president says there is ‘no science’ behind demands for phase-out of fossil fuels
More than 400 oil and gas projects were approved globally in the last two years despite calls to abandon all new hydrocarbon development, new figures showed as the UN…Continue readingHundreds of new oil and gas projects approved despite climate crisis
The UK government presented the Offshore Petroleum Licensing Bill to Parliament with the aim of enhancing the country’s economy, ensuring energy security, and facilitating the transition to a net-zero…Continue readingUK Government tables Offshore Petroleum Licensing Bill in parliament
Excelerate Energy, a US-based liquefied natural gas (LNG) company, and Bangladesh Oil, Gas & Mineral Corporation (Petrobangla), a government-owned national gas company of Bangladesh, have entered into a long-term…Continue readingExcelerate Energy signs 15-year LNG supply deal with Petrobangla
The world’s fossil fuel producers are planning expansions that would blow the planet’s carbon budget twice over, a UN report has found. Experts called the plans “insanity” which “throw…Continue reading‘Insanity’: petrostates planning huge expansion of fossil fuels
EnBW has awarded two orders to GE Vernova for the supply of H-class natural gas-fired combined cycle power generation equipment for two combined heat and power (CHP) power stations…Continue readingEnBW awards orders to GE Vernova for two CHP power stations in Germany
British oil and gas company BP, together with its partners Neptune Energy and JAPEX, has started production from the Seagull oil and gas field in the UK North Sea.…Continue readingBP, Neptune, JAPEX start production from Seagull field in UK North Sea
Israel’s Ministry of Energy and Infrastructure has awarded 12 licences to six companies to explore natural gas off the Mediterranean coast to enhance competition and diversify suppliers. “The winning…Continue readingIsrael awards 12 offshore gas exploration licences to six companies
Competitive Power Ventures (CPV) celebrated with its partners, local officials and supporters the successful completion of the CPV Three Rivers Energy Center (CPV Three Rivers) in Grundy County, IL.…Continue readingCompetitive Power Ventures completes 1.25GW Three Rivers natural gas-fired plant
Hyundai Engineering & Construction and Hyundai Engineering have inked a $2.4bn contract with Aramco for the construction of a gas processing plant for the Jafurah gas project phase two…Continue readingHyundai affiliates sign $2.4bn contract for Jafurah gas project phase two
Affiliates of QatarEnergy and Eni signed a long-term LNG sale and purchase agreement (SPA) for the supply of up to one million tons per annum (MTPA) of LNG from…Continue readingQatarEnergy, ENI sign 27-year LNG supply agreement for up to 1MTPA to Italy
BP and its partners have shipped the first cargo of liquefied natural gas (LNG) from the newly constructed third liquefaction train at the Tangguh LNG facility in Indonesia. Safely…Continue readingBP starts commercial operation of expanded Tangguh LNG facility in Indonesia
Australian oil and gas exploration and production company Beach Energy has made a gas discovery at Tarantula Deep-1 well in the Perth Basin, located in Western Australia. “With gas…Continue readingBeach Energy makes new gas discovery at Tarantula Deep 1 well in Perth Basin
Sharjah Electricity, Water, and Gas Authority (SEWA), Sharjah Hamriyah Independent Power (SHIPCO), and GE Vernova began the commercial operations of all three blocks of the 1.8GW Hamriyah Independent Power…Continue readingUAE’s 1.8GW Hamriyah independent power plant starts commercial operations
UAE’s integrated gas processing company ADNOC Gas has entered into a multi-year liquified natural gas (LNG) supply agreement with JERA Global Markets, a subsidiary of Japan’s JERA. The agreement,…Continue readingADNOC Gas signs multi-year LNG supply deal with JERA Global Markets
Commenting on this occasion, His Excellency Minister Al-Kaabi said: “We are delighted to sign these two long-term LNG sale and purchase agreements with Shell that will further enhance our…Continue readingQatarEnergy, Shell sign 27-year LNG supply agreements for up to 3.5mtpa to the Netherlands
TotalEnergies has signed a 27-year agreement with Qatar to secure liquefied natural gas, extending France’s commitment to fossil fuels beyond 2050 in one of the longest ever LNG supply…Continue readingFrance’s Total signs 27-year LNG deal with Qatar
The Netherlands halted extraction from Europe’s biggest gas field on Sunday, which was resulting in earthquakes that have shaken local residents for decades and threaten to persist. Authorities are…Continue readingNetherlands halts extraction from Europe’s biggest gas field
There is “no contradiction” between Brazil’s plans to step up oil and gas exploration, including in waters off the Amazon rainforest, and its aspiration to lead the world’s transition…Continue readingBrazil minister says oil and green ambitions are not contradictory
Australian oil and gas company Woodside Energy announced that its Shenzi North project has commenced production in the deepwater US Gulf of Mexico. Discovered in 2002, the Shenzi platform…Continue readingWoodside announces start of production at Shenzi North project
Urgewald, a campaign group that tracks global fossil fuel finance, found that the World Bank supplied about $3.7bn (£2.95bn) in trade finance in 2022 that was likely to have…Continue readingWorld Bank spent billions of dollars backing fossil fuels in 2022
Two women climbed in the dark down the banks of the Greenbrier River in West Virginia on Thursday morning and locked themselves to a massive drill, stopping work on…Continue readingUS climate scientist risks felony by chaining herself to pipeline drill
The Baleine field will see a multi-phase development to exploit the estimated 2.5 billion barrels of oil and 3.3 trillion cubic feet of associated gas in place.Continue readingEni starts production from Baleine oil and gas field in Côte d’Ivoire
The intent of the project is to boost production by 26 million barrels of oil equivalents from the satellite field of the Statfjord oil and gas field. The oil…Continue readingEquinor begins production from Statfjord Øst expansion project in North Sea
The Timi platform is designed to produce up to 50,000 barrels of oil equivalent per day of gas at peak production. It will transport its gas through a new…Continue readingShell begins production at Timi sweet gas field development in Malaysia
U.S. oil production — already the highest in the world — is on track to set a new record this year, and will probably rise even more in 2024.…Continue readingThe U.S. is pumping oil faster than ever. Republicans don’t care.
Fossil fuels benefited from record subsidies of $13 million (£10.3m) a minute in 2022, according to the International Monetary Fund, despite being the primary cause of the climate crisis.…Continue readingFossil fuels being subsidised at rate of $13m a minute
Subject to certain conditions, the approval secures the future operation of Snøhvit natural gas field in the Norwegian Sea and the Hammerfest LNG plant located on the island of…Continue readingEquinor gets Norway’s approval for $1.3bn Snøhvit Future project
Consultancy firm EY did not tell the New South Wales government it was conducting work for Santos before being awarded a $67,375 contract to inform a policy statement that…Continue readingConsulting firm EY worked for gas giant Santos while advising NSW on gas policy
Falcon Oil and Gas has announced the spudding of the Shenandoah South 1H (SS1H) horizontal well in exploration permit 117, located in the Beetaloo Sub-Basin, Northern Territory, Australia. The…Continue readingFalcon Oil and Gas spuds SS1H well in Beetaloo Sub-Basin, Australia
Beach Energy has signed an agreement to use the semi-submersible drilling rig the Transocean Equinox to carry out the drilling campaign, which would commence in 2025, and the project…Continue readingBeach Energy prepares to begin offshore drilling at Otway Basin, Australia
Natural gas from the world’s second-largest shale gas reserve in Patagonia will reach Buenos Aires in the coming weeks through a new pipeline, marking a milestone in Argentina’s push…Continue readingArgentina hits milestone on path to gas export bonanza
Grant Shapps, energy minister, has insisted that the government will “max out” the UK’s remaining reserves of North Sea oil and gas, arguing this is compatible with Britain’s pledge…Continue readingGrant Shapps vows to ‘max out’ UK’s North Sea oil and gas reserves
Shell has signed a new agreement to supply Morocco six billion cubic metres of liquefied natural gas (LNG) over 12 years. Morocco Minister of Energy Transition and Sustainable Development…Continue readingShell signs 12-year LNG supply deal with Morocco
Carbon emissions from China are growing faster now than before COVID-19 struck, data show, dashing hopes the pandemic may have put the world’s most polluting nation on a new…Continue readingChina is pumping out carbon emissions as if COVID never happened. That’s bad news for the climate crisis
TotalEnergies has commenced production from the phase 1 development of the Absheron gas and condensate field in the Caspian Sea, off the coast of Azerbaijan. The French company is…Continue readingTotalEnergies begins production from Absheron gas and condensate field
Norway’s government gave the green light to 19 oil and gas projects worth more than 200 billion kroner ($18.6 billion). The 19 projects involve the opening of new fields,…Continue readingNorway approves fossil fuel projects
Shenhai-1 marks China’s first independently developed ultra-deepwater energy station, which has become operational in June 2021. The second phase of Shenhai-1 will boost peak annual output of the gas…Continue readingChina expands Shenhai-1 gas field in South China Sea with eye on Greater Bay Area energy transition
Qatar has secured a second huge gas supply deal with a Chinese state-controlled company in less than a year, in a sign of the energy-hungry Asia power rushing to…Continue readingQatar strikes second big LNG supply deal with China
From the start of the Middle Arm project and its associated gas developments, there have been concerns about the potential for actual or perceived conflicts of interest by decision…Continue readingRevealed: documents detail key players behind vast Australian fossil fuel expansion
All articles sourced from the Adelaide Advertiser, dated May 19, 2023.Continue readingNews Corp endorses the Australian gas industry
UN secretary-general António Guterres attacked oil and gas industry attempts to justify fossil fuel expansion with carbon capture technology as “proposals to become more efficient planet wreckers”, in a…Continue readingUN chief attacks oil and gas industry ‘planet wreckers’ over fossil fuel expansion
Trillions of dollars of subsidies for fossil fuels, farming and fishing are causing “environmental havoc”, according to the World Bank, severely harming people and the planet. The “toxic” subsidies…Continue readingVast fossil fuel and farming subsidies causing ‘environmental havoc’
Already, the Beijing office of Greenpeace is sounding the alarm. In the first three months of 2023, provincial governments in China approved more new coal-fired electricity generation than they…Continue readingChina ramps up coal power while pushing for renewables
Shell has abandoned plans to cut oil production each year for the rest of the decade, in a shift in approach to firmly target fossil fuels and increase payouts…Continue readingShell drops target to cut oil production as CEO aims for higher profits
The United Arab Emirates’ state oil company has been able to read emails to and from the COP28 climate summit office and was consulted on how to respond to…Continue reading‘Absolute scandal’: UAE state oil firm able to read COP28 climate summit emails
After receiving the £430m loan, Wood grew its upstream oil and gas business by 17% so that it accounted for more than $3bn (£2.4bn) in revenue in 2022, up…Continue readingUK firm given £430m green transition loan then expanded oil and gas business
The UK government is under attack for investing taxpayers’ money in fossil fuel companies, a hospital in Kenya accused of imprisoning patients who couldn’t pay for treatment, and a…Continue readingUK government under fire for investing overseas aid in fossil fuel firms
United Nations climate chief says while the rapid end of burning coal, oil, and natural gas is urgently needed, the topic may not even reach crucial COP28 negotiations.Continue readingWill fossil fuel phase-out make it onto the UN’s climate agenda?
To help extract oil, companies pump large quantities of water into the ground. For each barrel of oil, many of which are later exported to Europe, up to three…Continue readingIraq’s oil boom blamed for worsening water crisis in drought-hit south
With a daily production capacity of up to 150,000 barrels of oil and six million m3 of gas, FPSO (Floating Production Storage and Offloading) Almirante Barroso is located 180km…Continue readingPetrobras starts production of FPSO Almirante Barroso in Búzios field
About USD 2.8 trillion is set to be invested in energy globally in 2023, USD 1.7 trillion of which will go to clean technologies. The remaining roughly USD 1…Continue readingHumanity still investing in fossil fuels
French oil and gas major TotalEnergies has announced a 20-year renewal of the production license of the offshore Nigerian block OML130 in the Gulf of Guinea. In December 2018,…Continue readingTotalEnergies renews offshore Nigerian block OML130 for 20 years
Climate experts criticised the G7 group of advanced economies for failing to commit to tougher action on fossil fuels after Germany and Japan prevailed on the continued use of…Continue readingG7 disappoints on climate progress without deadlines on gas and coal use
South Australia’s minister for energy and mining has told a conference of the oil and gas industry in Adelaide that his state government is “at your disposal”.Continue readingSouth Australia tells gas industry the state is ‘at your disposal’
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The proposed mandate requires existing power plants to start limiting their carbon dioxide emissions in 2030, introducing restrictions that would become more stringent over time. Any new gas power…Continue readingThe EPA tightens pollution standards for power plants, with a big loophole for coal and gas
Equinor and its partners have awarded two contracts for the $9bn BM-C-33 gas and condensate project in the Campos Basin, Brazil to TechnipFMC and MODEC. Equinor holds a 35%…Continue readingEquinor awards contracts for $9bn BM-C-33 gas and condensate project