Five oil majors together with API are being sued in California for their alleged role in downplaying the risks posed by fossil fuels.
The post California’s lawsuit against ExxonMobil, Shell, BP, ConocoPhillips and Chevron seen as ‘monster o…
Vår Energi has updated its cost estimate for a field life extension project in the North Sea off Norway to reflect a tighter supplier market.
The post Another North Sea project hit by cost inflation as capex estimate goes up appeared first on Offshore …
Another North Sea project hit by cost inflation as capex estimate goes up Read More »
As COP28 nears, concerns surrounding climate change are heating up and the pressure on the oil and gas industry is mounting day in, day out.
The post Coming to grips with a mixed bag of energy transition expectations appeared first on Offshore Energy.
Coming to grips with a mixed bag of energy transition expectations Read More »
Last week’s G20 summit in India concluded with mixed progress on environmental issues. The leaders hailed the ambitious new renewable energy goal to “pursue and encourage efforts to triple renewable energy capacity globally” by 2030. However, the gathe…
In focus: Accelerating buildout of sustainable energy mix amid fossil fuel impasse Read More »
OPEC, a permanent intergovernmental organisation of 13 oil-exporting developing nations that coordinates and unifies the petroleum policies of its members, is convinced that the recent assertions about the fossil fuels – coal, oil, and gas – demand pea…