Even before Biden’s inauguration, the oil and gas industry was on its back foot when it came to building major new infrastructure. Despite Donald Trump’s pro-fossil-fuel policies, energy companies such as Williams Cos. and Dominion Energy Inc. have been forced to scrap new projects in the face of stiff opposition. SourceContinue Reading
Alberta Premier Jason Kenney on Tuesday urged Canadian Prime Minister Justin Trudeau to take steps to save the pipeline permit, saying its revocation “would damage the Canada-U.S. bilateral relationship.” SourceContinue Reading
The partners in the Leviathan and Tamar fields, which sit off Israel’s Mediterranean coast, signed an agreement under which Israel Natural Gas Lines Ltd. will lay a new subsea pipeline and expand some of its existing ones, according to a statement Tuesday from Delek Drilling LP, a shareholder in both reservoirs. SourceContinue Reading
Fresh sanctions come just days before work on the pipeline is scheduled to start in Danish waters. Questions now remain whether the link, owned by a unit of Gazprom PJSC, will see further delays as the U.S. tries to limit Russian influence in Europe. SourceContinue Reading
“You can write a lot of executive orders, but an executive order doesn’t get you past go,” Interior Secretary David Bernhardt said on his last full day leading the Interior Department. “They still have to run through the gauntlet of the law.” SourceContinue Reading
Environmentalists said Biden’s actions — some of which could take years to be implemented — will renew the U.S. commitment to safeguarding the environment and signal to the world that America has returned to the global fight against climate change. SourceContinue Reading
Two weeks ago, the world’s biggest crude exporter stunned energy traders by announcing that — rather than restore halted production as planned — it would slash supplies by a further 1 million barrels a day. On Tuesday, the International Energy Agency slashed forecasts for world oil demand in the first quarter as countries hunker down...Continue Reading
India’s oil minister and the Organization of Petroleum Exporting Countries’ top official publicly jousted over the cartel’s policy shift at a conference hosted by the Atlantic Council on Tuesday. SourceContinue Reading
The five-year consolidated services contract, valued at $130 million, will see Wood leverage its experience and capability in late life asset optimization and management to extend field life, lower costs, and reduce late life carbon intensity across the Hub’s offshore assets in the East Irish Sea and the Barrow onshore gas terminal on the northwest...Continue Reading
