The American Petroleum Institute (API) filed a lawsuit in the D.C. Circuit Court of Appeals challenging the U.S. Environmental Protection Agency’s (EPA) heavy-duty (HD) vehicle emissions standards for model years (MY) 2027-2032. SourceContinue Reading
Changes in the tax regime, in particular a windfall levy on oil and gas introduced two years ago and extended until March 2029, has affected independent oil and gas producers listed in the UK and their ability to raise money. SourceContinue Reading
Golden Pass, in its motion, urged the court to force Zachry — which filed for Chapter 11 proceedings in May and laid off thousands of workers from the Golden Pass site — to walk away from its contract and allow the joint venture to hire replacement workers. SourceContinue Reading
This sale enables Energean to rationalize the portfolio and focus on its gas-weighted, gas development strategy, underpinned by the Karish Field in Israel and recent farm-in to the Anchois field in Morocco. SourceContinue Reading
Under this agreement, TGS holds the exclusive rights to license all of Tanzania’s offshore mainland data on behalf of the government. The agreement also grants TGS the authority to conduct future acquisition of new seismic data and to reprocess existing data. Additionally, it includes support for upcoming licensing rounds, which are anticipated to commence in...Continue Reading
This well is the first in production license 1170, awarded in 2022 (APA 2021), and was drilled by the Scarabeo 8 rig. The estimated size of the discovery ranges between 3.3 – 4.7 MMboe. SourceContinue Reading
The FPSO will operate in the Jubarte field in the Campos basin’s pre-salt layer, off Espírito Santo’s coast. The unit has a production capacity of 100,000 bpd and can process 5 MMcmgd. SourceContinue Reading
Units of Wintershall Dea AG, INEOS Group, Equinor ASA and Orsted AS are among the companies that were granted rights to explore whether the Danish subsoil is suitable for commercial CO2 storage and establish whether the process can be done safely and securely, the Danish Energy Agency said Thursday. SourceContinue Reading
Production start-up is expected in 2027, with a plateau of 300 MMcfgd (about 70,000 boed, including condensates). Gas from Ubeta will be supplied to NLNG, a liquefaction plant located in Bonny Island, in which TotalEnergies holds a 15% interest. SourceContinue Reading
The Gulf Energy Alliance (GEA) joined the States of Louisiana, Texas, and Mississippi in a legal challenge to the Department of Interior’s (DOI) Bureau of Ocean Energy Management’s (BOEM) decommissioning rule imposing unnecessary and burdensome financial requirements targeting independent offshore oil and natural gas producers. SourceContinue Reading