Shell’s profit has been cut by more than half year-on-year, compared to the record high levels reported last year.
The post As oil & gas prices tumble down from 2022 highs, Shell’s profit follows suit appeared first on Offshore Energy.
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The global oil and gas industry has embarked on a growth upcycle, raising concerns that this is putting net-zero 2050 commitments at risk.
The post Are net-zero aspirations in jeopardy with oil & gas boom at full tilt? appeared first on Offshore En…
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Beach Energy is now targeting the start of drilling operations at its development well off Taranaki towards the end of the first quarter of 2024.
The post Beach Energy awaits Valaris rig to spud well off New Zealand appeared first on Offshore Energy.
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Greenpeace has decided to take the UK government to court over – what it deems to be – an “unlawful” oil and gas decision.
The post Court fight on UK govt’s hands over oil & gas licensing round appeared first on Offshore Energy.
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The Canadian government has now set its cap on making good on its climate commitment to phase out inefficient fossil fuel subsidies.
The post Canada puts a lid on fossil fuel subsidies but exceptions throw a lifeline to oil & gas industry appeared…