Fossil Energy – Drilling
Shell returns to the ultra-deep waters of the Campos Basin to drill another wildcat.
[Read more…] about Shell to drill in Campos ultra-deep waters
BP to ditch renewables goals and return focus to fossil fuels
Fossil Energy – bp
BP’s chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor concerns over earnings, two sources told Reuters.
[Read more…] about BP to ditch renewables goals and return focus to fossil fuelsMinor increase in oil and gas resources on NCS
Fossil Energy – Norway
Total petroleum resources on the Norwegian continental shelf (NCS) saw a minor increase last year, according to last year’s inventory – the Resource Accounts for 2024.
[Read more…] about Minor increase in oil and gas resources on NCSExxon to produce up to 180,000 bpd of oil at Guyana project
Fossil Energy – Guyana
A consortium led by U.S. major Exxon Mobil plans to produce up to 180,000 barrels per day (bpd) of oil and 95 million cubic feet per day (mmcfd) of gas at its seventh project in Guyana, Hammerhead.
[Read more…] about Exxon to produce up to 180,000 bpd of oil at Guyana projectTrump creates council for ‘energy dominance’
Fossil Energy – USA
Last Friday President Donald Trump signed an executive order formally creating a National Energy Dominance Council and directed it to move quickly to drive up already record-setting domestic oil and gas production.
[Read more…] about Trump creates council for ‘energy dominance’Equatorial Guinea plans licensing round in 2025
Fossil Energy – Equatorial Guinea
Equatorial Guinea is taking decisive steps to revitalise its upstream sector, with plans to launch a new licensing round in 2025 aimed at increasing exploration and production.
[Read more…] about Equatorial Guinea plans licensing round in 2025Shell restarts production from Penguins field
Fossil Energy – Penguins Field
Shell has restarted production at the Penguins field in the UK North Sea with a modern floating, production, storage and offloading (FPSO) facility.
[Read more…] about Shell restarts production from Penguins fieldCNOOC starts production at Dongfang 29-1 gas field
Fossil Energy – Dongfang
The China National Offshore Oil Corporation (CNOOC) has begun production at the Dongfang 29-1 gas field development project in the South China Sea.
[Read more…] about CNOOC starts production at Dongfang 29-1 gas fieldDoug Burgum emphasizes energy production for US security
General – US Politics
Donald Trump’s pick to lead the Interior Department, Doug Burgum, said on Thursday he will vigorously pursue the president-elect’s goals of maximizing energy production from U.S. public lands and waters, calling it key to national security.
[Read more…] about Doug Burgum emphasizes energy production for US securityGas discovery in Barents Sea
Fossil Energy – Gas Discovery
Vår Energi ASA and its partners found gas in the Elgol prospect; however, preliminary estimates indicate that the discovery is not profitable given current price assumptions.
[Read more…] about Gas discovery in Barents Sea
