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More than 300 guests gathered in Esbjerg, Denmark, in early March to attend what was billed as the First Carbon Storage event. They had been invited by energy companies Ineos and Wintershall Dea to witness the inauguration of the demonstration phase of Project Greensand, the world’s first cross-border offshore carbon …

Woodside Energy will soon start a detailed examination of data from a just-completed seismic survey over a highly promising licence offshore Namibia, before deciding whether to take an operating stake in the block. Two months ago, the Australian major struck a deal that gives it the option to take a …

Second rig remains in Walvis Bay due to equipment loading and maintenance issues

US independent Talos Energy has received a shot in the arm for its planned Zama field development offshore Mexico with Grupo Carso agreeing to acquire a 49.9% stake in Talos’ Mexican subsidiary that holds the company’s 17.4% interest in Zama. “As we accelerate recent momentum and advance Zama toward FID …

PTTEP preparing to start the tendering of the Lang Lebah engineering, procurement and construction contracts

At least three gas compressors likely to be involved, each with capacity of more than 400 MMcfd

Investment in clean technology is now “significantly outpacing” spending on fossil fuels as capital deployment towards solar will exceed that in oil production for the first time this year, predicted the International Energy Agency (IEA). The IEA reckons about $2.8 trillion will be spent on global energy in 2023, $1.7 …

OPINION: Western sanctions on Russian oil exports are having the desired effect of reducing Kremlin revenues while keeping global crude movements flowing to tamp down energy price inflation, evidence suggests. China and India are the main beneficiaries of the G7 price cap: Both of these developing countries are buying Siberian …

Islamist militants on Tuesday reportedly attacked Hungarian operator MOL’s gas production facilities in northwest Pakistan, killing four police and two private security guards. The attack by up to 50 militants took place at facilities run by subsidiary MOL Pakistan Oil and Gas Company in Hangu district in Khyber Pakhtunkhwa province …