Repsol has agreed to sell its E&P interests in Malaysia and in block 46 CN in Vietnam to a subsidiary of Hibiscus Petroleum. The transaction includes a 35% interest in the PM3 CAA PSC, 60% in the 2012 Kinabalu Oil PSC, 60% in the…
Stockholm-based Soltech Energy is snatching up roofers and electricians and then “sprinkling” in a little solar power. And the publicly-traded venture is growing like a weed. Chief Executive Stefan Ölander says that his young adult children are finally giving him a pat on the…
A huge fire broke out at an oil refinery in the southern part of the Iranian capital Tehran on the 2nd June, Iranian state media reported, saying there were so far no reports of casualties. Iran’s semi-official Tasnim news agency said all operations had…
Draugen licence operator Okea ASA and partners Petoro AS and Neptune Energy Norge AS have made the decision to develop the Norwegian Sea Hasselmus gas discovery. Hasselmus will be the first tie-back to the Draugen production platform and will add over 4,000 boe/d to…
Germany and the United States are holding talks in Washington to try to resolve a row over the Nord Stream 2 gas pipeline, German Foreign Minister Heiko Maas said on the 1st June. “As you know, talks are currently being held between the German…
Chevron Corporation and top American oil-service companies have won an extension to keep a limited presence in Venezuela despite US sanctions intended to starve President Nicolas Maduro’s regime of petrodollars. In the first renewal granted under President Biden’s administration, the US Treasury Department extended…
President Biden has suspended oil and gas leases in Alaska’s Arctic National Wildlife Refuge (ANWR), reversing former President Trump’s decision and delivering on a promise to protect the area from fossil fuels extraction. However, the decision has been met with fierce opposition from several…
Cerulean Winds is seeking support for a proposed large-scale floating wind and hydrogen development to power UK offshore oil and gas field centres. The planned infrastructure, with an estimated cost of £10 billion (US$14.2 billion), would provide capacity to reduce 20 MM metric tons…
Anheuser-Busch‘s entire portfolio of domestic beer and seltzer brands – including Bud Light, Michelob ULTRA, Busch and its Brewers Collective family of craft partners – is now brewed with 100% renewable electricity from solar and wind power. The Anheuser-Busch Solar Farm, the brewer’s 222-MWac…
Equinor Energy AS has been granted a drilling permit by the Norwegian Petroleum Directorate for an exploration well in the Norwegian Sea. Well 6407/1-9—the first exploration well in licence 939 – will be drilled from the West Hercules drilling rig about two km north-east…
