(Shell, 16.Feb.2023) — Europe’s increased need for liquefied natural gas (LNG) looks set to intensify competition with Asia for limited new supply available over the […]
Category: England
England, UK
Borr Drilling Reveals New Contract, Extensions
(Borr, 13.Feb.2023) — Borr Drilling Limited (NYSE: BORR) (OSE: BORR) has been awarded a new contract and two extensions for its premium jack-up drilling rigs “Ran”, […]
Nabors Announces Fourth Quarter 2022 Results
(Nabors, 7.Feb.2023) — Nabors Industries Ltd. (NYSE: NBR) today reported fourth quarter 2022 operating revenues of $760mn, an increase of approximately 10%, compared to operating revenues of $694 […]
BP Reports Profit of $27.7bn in 2022 [PDF Downloads]
(Energy Analytics Institute, 7.Feb.2023) — BP plc reported underlying replacement cost profit of $27.7bn in 2022 while reducing its net debt to $21.4bn, company officials […]
UK on Imports of Fossil Fuels from Russia
(UK Parliament, 16.Jan.2023) — The UK imported no coal or gas from Russia in November 2022. The total value of UK fossil fuel imports from […]
WoodMac: Key Things to Watch in Global Upstream in 2023
(WoodMac, 12.Jan.2023) — Upstream oil and gas companies made big strides in 2022, restoring confidence and repairing balance sheets. But the challenges the industry faces […]
Global LNG Represents 39% of EU Gas Imports in 2022
(Kpler, 5.Jan.2023) — EU gas imports remained stable year on year last year at around 337.4 bn m3, preliminary data from the European Network of […]
Energy Analytics Institute’s NRGBriefs: December 2022
(Energy Analytics Institute, 31.Dec.2022) — Energy briefs as well as others related to finance and politics during December 2022 including Washington’s easing of sanctions on […]
WoodMac’s Five Key Energy Sector Developments in 2023
(WoodMac, 8.Dec.2022) — There is no doubt that 2022 has been an extremely challenging 12 months, but as the year draws to a close, there […]
UK and US Reveal New Energy Partnership
(UK Prime Minister’s Office, 7.Dec.2022) — The UK and US will work together to increase energy security and drive down prices, as part of a […]
UK and Allies Reveal Price Cap of $60/bbl on Russian Oil
(HM Treasury, 2.Dec.2022) — The UK, in partnership with the G7 countries, Australia and the European Union, have today agreed to set the price cap […]
Shell to Acquire Renewable Natgas Producer Nature Energy
(Shell, 28.Nov.2022) — Shell Petroleum NV, a wholly owned subsidiary of Shell plc, has reached an agreement with Davidson Kempner Capital Management LP, Pioneer Point […]
Höegh LNG Partners LP Reports 3Q:22 Financial Results
(Höegh LNG Partners, 17.Nov.2022) — Höegh LNG Partners LP (NYSE: HMLP-PA) reported its financial results for the quarter ended September 30, 2022. Highlights Reported for the third quarter […]
Aquaterra Unveils New Tool for Long-term Integrity of CCS Sites
(Aquaterra, 15.Nov.2022) — Aquaterra Energy unveiled a new CO2 management platform that will allow for long-term monitoring and sustained integrity of underwater carbon capture and storage […]
bp Commends EPA for Advancing Methane Rules
(bp, 11.Nov.2022) — bp commends the EPA for advancing new rules aimed at reducing methane emissions. This is a critical step toward helping the US […]
ASCO Names New UK Managing Director
(ASCO, 1.Nov.2022) — ASCO, the global integrated logistics and materials management company, has appointed Mike Pettigrew as its new UK Managing Director following the retirement […]
Rishi Sunak’s First Speech as Prime Minister of the UK
(UK Prime Minister’s Office, 25.Oct.2022) — Rishi Sunak gave his first speech as Prime Minister in Downing Street. Good morning, I have just been to […]
UK Prime Minister Liz Truss Resigns
(UK Office of the Prime Minister, 20.Oct.2022) — Prime Minister Liz Truss gave a statement in Downing Street on 20 October 2022. I came into […]
Liz Truss Believed in Markets, but the Markets Did Not Believe in Her
(The New York Times, 19.Oct.2022) — The world has just witnessed one of the most extraordinary political immolations of recent times. Animated by faith in […]
Enhancing the US-UK Sanctions Partnership
(US Treasury, 17.Oct.2022) — As Directors of two of the world’s leading financial sanctions implementation authorities, we are committed to our close working relationship. As […]
Trinidad PM Rowley’s Statement on Chats with Proman, BP & Shell
(Office of the PM of Trinidad and Tobago, 12.Sep.2022) — Ministerial interaction with oil, gas and petrochemical majors (Proman, BP & Shell) based in Europe. […]
Seadrill Limited (SDRL) – Second Quarter 2022
(Seadrill, 1.Sep.2022) — Seadrill Limited (XOAS: SDRL), a leader in offshore drilling, provides financial results for the three months ended June 30, 2022. 2Q 2022 Highlights […]
Aquadrill Announces Charter Hire Agreement for the Vela
(Aquadrill, 31.Aug.2022) — Aquadrill LLC has extended a charter hire agreement with a subsidiary of Diamond Offshore Drilling, Inc. to provide the company’s Vela rig, […]
CCUS Planned Capacity Nearing 1 Billion Tonnes Per Annum
(WoodMac, 26.Aug.2022) — The planned global carbon capture, utilisation and storage (CCUS) capacity pipeline has reached 905 million tonnes per annum (mtpa), with more than […]
Höegh LNG Partners LP to Host 2Q:22 Results Call
(Energy Analytics Institute, 17.Aug.2022) — Höegh LNG Partners LP (NYSE: HMLP) will release its second quarter 2022 results on Wednesday 24 August 2022 before the market […]
Bristow Completes Acquisition of British International Helicopter Services Limited
(Bristow, 3.Aug.2022) — Bristow Group Inc. (NYSE: VTOL) has completed its acquisition of British International Helicopter Services Limited (“BIH”) effective 2 August 2022, further enhancing its […]
APA Corp. Keeps 2022 Capex Unchanged at $1.725bn
(APA Corporation, 3.Aug.2022) — APA Corporation (Nasdaq: APA) announced its financial and operational results for the second-quarter 2022. APA reported net income attributable to common […]
bp on Redemption of $2.85bn of Outstanding Notes
(bp, 25.Jul.2022) — BP p.l.c. (NYSE: BP) (LON: BP) announced that its wholly-owned subsidiary BP Capital Markets America Inc. (“BPCMA”) is exercising the option to […]
Bristow Awarded Contract by the Maritime and Coastguard Agency
(Bristow, 21.Jul.2022) — Bristow Helicopters Ltd (NYSE: VTOL) has been awarded a £1.6bn 10-year contract for the Second-Generation Search and Rescue Aviation (“UKSAR2G”) program by […]
NRGBriefs: Bristow Inks 1.6bn 10-year Deal
(Energy Analytics Institute, 21.Jul.2022) — Energy briefs including Bristow Helicopters Ltd (NYSE: VTOL) signing a £1.6bn 10-year contract for the Second-Generation Search and Rescue Aviation […]
NRGBriefs: PDVSA Vassa Closure; IGU’s 2022 World LNG Report
(Energy Analytics Institute, 6.Jul.2022) — Energy briefs including the closure of PDVSA Vassa, formerly Venoco, leaving nearly a thousand workers in uncertainty; and the release […]
NEOM’s ENOWA to Boost Extreme E with Green Hydrogen Power
(NEOM, 30.Jun.2022) — Extreme E announced a multi-year relationship with ENOWA, NEOM‘s energy, water and hydrogen subsidiary, to introduce green hydrogen power to their global […]
Pathways to Sustainable Smelting
(WoodMac, 21.Jun.2022) — Traditional metal production is inherently polluting. According to data from Wood Mackenzie’s Emissions Benchmarking Tool, it is currently responsible for 9% of […]
Shell plc 1Q:22 Euro and GBP Equivalent Dividend Payments
(Shell, 13.Jun.2022) — The Board of Shell plc announced the pounds sterling and euro equivalent dividend payments in respect of the first quarter 2022 interim […]
Low-carbon Hydrogen Demand in Refining Could Reach 50 Mtpa by 2050
(WoodMac, 9.Jun.2022) — Potential low-carbon (green or blue) hydrogen demand from the global refining sector could reach 50 million tonnes per annum (Mtpa) by 2050, […]
Energy Security Concerns Reinforce Government Focus on Renewable Energy Programs
(EY, 24.May.2022) — Energy security has risen to the top of government priority lists in the wake of geopolitical instability and spiralling gas prices. As […]
Underwater Wireless Acoustic Standard to Improve Offshore Drone Communication
(Subsea Wireless Group, 23.May.2022) — An international oil and gas industry network, Subsea Wireless Group (SWiG), has launched a new wireless acoustic standard to improve communication between […]
NRGBriefs: Marathon’s Equatorial Guinea Output; Murphy on Brazil and Mexico
(Energy Analytics Institute, 4.May.2022) — Energy and political briefs including Marathon Oil reporting 1Q:22 production from Equatorial Guinea of 64 net Mboe/d; the US providing […]
How the Energy Transition can Reduce the Risk of Future Shocks
(WoodMac, 21.Apr.2022) — The crisis caused by Russia’s invasion of Ukraine has highlighted the challenges for energy supplies as the world moves to tackle the […]
Noble Corp. and Maersk Drilling Update on the Merger Control Process
(Noble Corp. 12.Apr.2022) — Noble Corporation (NYSE: NE) and The Drilling Company of 1972 A/S (CSE: DRLCO) (“Maersk Drilling”, and together with Noble, the “Parties”) […]
How NOCs are Tackling the Energy Transition
(WoodMac, 30.Mar.2022) — Despite their scale, national oil companies (NOCs) have until now largely escaped the heavy scrutiny experienced by international oil companies (IOCs) around […]
Maersk Drilling Secures Five-month UK Contract for Maersk Resolve
(Maersk Drilling, 16.Mar.2022) — Maersk Drilling has been awarded a contract which could employ the harsh environment jack-up rig Maersk Resolve with a customer in […]
bp Staff Message Regarding Relationship with Rosneft
(bp, 27.Feb.2022) — bp’s Bernard Looney provides a message to all bp staff on the company’s relationship with Rosneft. To the bp team, Like so […]
Zeelo to Make Buses as Green as Riding a Bicycle
(Zeelo, 17.Feb.2022) — Zeelo – a smart bus platform for organisations that serves over 1.8 million passengers per year on their daily commute to work and […]
Borr Drilling Reveals Prelim 4Q:21 Results
(Borr Drilling, 16.Feb.2022) — Borr Drilling Limited announces preliminary unaudited results for the three and twelve months ended 31 December 2021. Highlights Fourth Quarter of […]
Upstream Sector Rebounding – But ‘Peak Uncertainty’ Fears Weigh In 2022
(WoodMac, 13.Dec.2021) — The oil and gas sector will continue to rebound in 2022, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK) But the positive outlook […]
Oil And Gas Companies Must Be Bold As Energy Transition Sets Tone For 2022
(WoodMac, 8.Dec.2021) — It’s set to be an action-packed year for Majors, Independents and national oil companies alike. Big choices will set strategic trajectories for […]
Höegh LNG Holdings Initiates Buyout Offer for Höegh LNG Partners LP
(Höegh LNG, 6.Dec.2021) — Höegh LNG Holdings Ltd. submitted a non-binding proposal to the Board of Directors of Höegh LNG Partners LP (HMLP) pursuant to which Höegh […]
Maersk Re-enters One-well Deal With Petrogas
(Maersk, 1.Dec.2021) — Maersk Drilling and Petrogas North Sea Ltd have agreed to exercise the previously agreed exclusive option to employ the harsh-environment jack-up rig Maersk Resilient […]
NRGBriefs: Argentine Pipeline Tender, Lebanon Summit
(Energy Analytics Institute, 30.Nov.2021) — Energy briefs including Argentina revealing plans for a tender for the start of the process for the construction of the […]