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
Tag: gas
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
Two years ago, a multibillion-dollar natural gas export project planned for Alaska appeared all but dead, the victim of tough economics and Donald Trump’s trade wars. But now it’s…Continue readingAnother big Alaska fossil fuel project gets Biden team’s blessing
Oil from the Fenja field is transported through a 36km long electrically trace-heated (ETH) pipe-in-pipe solution to the Njord A platform for processing and subsequently for transport.Continue readingNeptune Energy and partners begin production from Fenja oil and gas field
Italian energy company Eni has launched the Congo LNG project, which will be the first natural gas liquefaction project in the Republic of the Congo. The midstream project, which…Continue readingEni lays foundation stone of 3MTPA Congo LNG project
An annual report on fossil fuel financing by a coalition of campaign groups organised by the Rainforest Action Network found that RBC extended $42.1bn in funding to fossil fuel…Continue readingRoyal Bank of Canada becomes top financier for fossil fuel industry
Starlee Sykes, head of BP’s Gulf of Mexico business, told the Financial Times in an interview that the company had responded to Biden’s call and planned to continue exploration…Continue readingBP commits to Gulf of Mexico as $9bn platform comes online
The LDS-01 structure was successfully drilled around the end of 2022. The well has been tied into the neighbouring commercial gas production infrastructure in just a few weeks, demonstrating…Continue readingParkmead starts production from new Dutch gas discovery
TotalEnergies and the Iraqi government have reached an agreement on the $10bn Gas Growth Integrated Project (GGIP) in Iraq with an aim to monetise and develop the country’s natural…Continue readingTotalEnergies, Iraq reach agreement on $10bn Gas Growth Integrated Project
“As we look to the province’s future, it is reasonable to look at the assets of the province and determine their potential. That is why we have decided to…Continue readingNewfoundland and Labrador proceeds with phase II review of current offshore oil and gas interests
The Papua LNG project will have an LNG liquefaction capacity of around four million tons per year (Mtpa). It will be built near the existing processing facilities of the…Continue readingJGC, Hyundai win downstream FEED contract for Papua LNG project
Sempra announced that it reached a positive final investment decision (FID) for the development, construction and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas.…Continue readingSempra launches Port Arthur LNG project
The project partners have decided to move ahead with a concept that calls for the installation of four electrical liquefaction trains with a combined capacity of four million tons…Continue readingTotalEnergies and partners launch FEED for Papua LNG project in PNG
Rise of 53% came as oil group’s profits hit record $40bn in tumultuous year for energy markets. It brings van Beurden’s total compensation from Shell since becoming chief executive…Continue readingEx-Shell chief Ben van Beurden’s pay jumped to £9.7mn last year
Preliminary estimates indicate that the discovery holds 17-47 million barrels of recoverable oil equivalent, with the majority being oil.Continue readingEquinor makes oil and gas discovery near Troll field in Norwegian North Sea
“Shell can’t claim to be in transition as long as investments in fossil fuels dwarf investments in renewables,” said Mark van Baal, founder of Follow This, an activist shareholder…Continue readingShell profits more than double to record $40bn
CEO, Looney, said BP would spend $8bn more on its “transition” businesses — biofuels, convenience, charging, renewables and hydrogen — between now and 2030 than previously planned, and $8bn…Continue readingBP slows oil and gas retreat after record $28bn profit
Oil and Natural Gas Corporation Limited (ONGC, owned by the Ministry of Petroleum and Natural Gas, Government of India) is in talks with global oil majors to infuse state…Continue readingONGC invest $3.5bn to keep up production
Results show scale of windfall from high oil prices following invasion of Ukraine.Continue readingExxonMobil posts record $56bn profit
Crude production from the Permian Basin has soared to a record high.Continue readingUS jobs boom in the ‘busiest spot in the busiest oilfield’
Sovereign wealth fund has gained 5% so far this year but chief executive warns of ‘uncertain’ 2023.Continue readingNorway’s $1.3tn oil fund bounces back after worst year since 2008
The energy agreement, signed during Italian PM Meloni’s visit to Tripoli, seeks to boost Libya’s gas output through new offshore gas fields.Continue readingItaly’s Eni signs $8bn gas deal with Libya amid energy crunch
“The Adorf field is already an important contributor to domestic energy supplies in Germany, providing enough gas to heat more than 100,000 households.”Continue readingNeptune Energy commences drilling at Adorf gas development
The first contract from Total Energies pertains to the LAPA SW development project in in the Santos Basin in Brazil, while the second contract from Equinor is for the…Continue readingSaipem wins $900m worth contracts from Total Energies and Equinor
In line with its growth strategy in gas and LNG, a fuel contributing to the energy transition, TotalEnergies announces the start of gas production from onshore Block 10 in…Continue readingTotalEnergies is rolling out its integrated gas strategy
Financial institutions signed up to GFANZ initiative accused of acting as ‘climate arsonists’.Continue readingBanks still investing heavily in fossil fuels despite net zero pledges – study
“New gas volumes will be key to enabling the development of new value chains for hydrogen for Europe.”Continue readingNorway offers 47 new offshore production licences to 25 oil companies
Woodside Energy, Santos and BHP among companies who have sponsorship deals with Australian arts, sport, education and community organisationsContinue readingFossil fuel interests revealed to have sponsored more than 500 Australian community organisations
From Petrobras’ own platform portfolio, the P-71 is an FPSO (floating unit for the production, storage, and transfer of oil and gas) type with capacity to process up to…Continue readingPetrobras announces start of P-71 production
The phase II of Johan Sverdrup project entails an investment of NOK48bn ($4.8bn) and includes a new platform, five new subsea systems, 28 new wells, a new module for…Continue readingEquinor begins production from Johan Sverdrup Phase 2 project
The analysis, by the Global Carbon Project, calculates Earth’s “carbon budget“, which is how much CO₂ humans have released, and how much has been removed from the atmosphere by…Continue readingGlobal carbon emissions at record levels with no signs of shrinking
QatarEnergy and ConocoPhillips have signed two sales and purchase agreements to export liquefied natural gas (LNG) to Germany for at least 15 years starting 2026 – the first such…Continue readingQatarEnergy, ConocoPhillips sign LNG deal for Germany
Equinor has submitted a plan for development and operation (PDO) for the NOK 14.8 billion ($1.46 billion) Irpa gas project in the Norwegian Sea to the Norwegian Petroleum and…Continue readingEquinor submits PDO for $1.5 billion Irpa gas project in Norwegian Sea
US-based New Fortress Energy (NFE) has partnered with Mexico’s state-owned oil company Petróleos Mexicanos (Pemex) to develop and operate an integrated upstream and natural gas liquefaction project off the…Continue readingNFE, Pemex partner for Lakach offshore gas field development
Italian oilfield services provider Saipem has won three offshore drilling contracts in the Middle East, and two in West Africa, for a total amount of about $800 million. Both…Continue readingSaipem secures five new offshore drilling contracts worth $800m
The US Federal Energy Regulatory Commission (FERC) has approved Commonwealth LNG’s proposed liquefied natural gas (LNG) export terminal project of the same name in Louisiana. Proposed to be constructed…Continue readingUS FERC approves Commonwealth LNG project in Louisiana
Dutch construction company HSM Offshore Energy has secured a contract for the construction of a production platform at N05-A gas field in the North Sea. HSM will build the…Continue readingHSM wins contract to build N05-A gas production platform in North Sea
QatarEnergy entered into a 27-year Sale and Purchase Agreement (SPA) with China Petroleum & Chemical Corporation (Sinopec) for the supply of 4 million tons per annum (MTPA) of LNG…Continue readingQatarenergy and Sinopec sign a 27-year 4 million tons per annum LNG supply agreement to China
Tens of thousands of delegates have descended on Sharm el-Sheikh, an Egyptian resort town, for COP27, the UN climate summit. Of the 33,000-odd that registered, about 16,000 represent the…Continue readingWhat is the fossil-fuel industry doing at COP27?
Eni, ExxonMobil, and other Area 4 partners have achieved the milestone of shipping the first cargo of liquefied natural gas (LNG) from the $8 billion Coral South floating LNG…Continue readingFirst cargo from $8 billion Coral South Floating LNG project
Gas producers and their financial backers see COP27 as an opportunity for discussions about rebranding natural gas as a transition fuel rather than a fossil fuel, experts have said.…Continue readingCOP27 being used to rebrand gas as transitional fuel, experts warn
More than 30 tankers holding liquefied natural gas (LNG) are floating just off Europe’s shoreline as energy traders bet the autumn price reprieve prompted by robust supplies and warm…Continue readingLNG tankers idle off Europe’s coast as traders wait for gas price rise
Before President Biden lambasted oil companies for excess profits and threatened to slap a “windfall tax” on them, several of his top energy advisers privately attempted to woo that…Continue readingBiden courted oil companies before threatening them with windfall tax
Greenhouse Gas Emissions on this site has been updated with newly published data from the Global Carbon Project.Continue readingUpdate to Greenhouse Gas Emissions
The fossil fuel industry is experiencing a remarkable rebound, with sudden momentum behind more than 80 projects that range from coal-fired power plants to hulking gas export terminals, many…Continue readingFossil fuel projects were stalled a year ago. Now they’re making a comeback.
The heart-shaped Lake Eyre Basin covers about one-sixth of Australia. It contains one of the few remaining pristine river systems in the world. The Lake Eyre Basin is probably…Continue readingThe magnificent Lake Eyre Basin is threatened by 831 oil and gas wells, and more are planned
Mitsubishi Power said that the fourth and final unit of the Chonburi power plant, a 2.65GW gas-fired power facility in Thailand, has commenced operation. The Chonburi power plant is…Continue readingMitsubishi fully commissions 2.65GW gas power plant in Thailand
The first LNG (liquid natural gas) import terminal in Finland has been connected to the transmission network. Hamina LNG provides LNG storage services, regasification and injection services into the…Continue readingFinland’s first LNG import terminal has started commercial operations