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Shell Sues Greenpeace for $2.1 Million After Activists Boarded Oil Vessel
November 29, 2023
Shell is suing Greenpeace for $2.1 million in damages after the environmental group’s activists boarded the company’s oil production vessel in transit at sea this year, according to Greenpeace and a document seen by Reuters. The British oil and gas
OEG Energy Group to Acquire Bluestream Offshore
November 28, 2023
OEG Energy Group Limited, a leading offshore solutions business, has signed a sale and purchase agreement (SPA) to acquire Bluestream Offshore, a specialist in subsea and topside services based in the Netherlands for an undisclosed consideration. The transaction expected to
Wishing You Peace and Harmony This Thanksgiving Season!
November 23, 2023
We are grateful this holiday for our awesome readers and advertisers who have played an integral part in our journey. Since our launch in 2009, we have been inspired by the enthusiasm from this community. We continue to fight through
Fortescue Launches Green Energy Accelerator Platform, Fortescue Capital
November 22, 2023
Fortescue has formed Fortescue Capital, headquartered in New York City, and named Robert Tichio as chief executive officer and managing partner. Fortescue Capital is a new green energy investment accelerator platform, and an integral next step in Fortescue’s commitment to
Fortescue Approves $750 Million Investment for Three Green Projects
November 21, 2023
Australia’s Fortescue approved on Tuesday an estimated total investment of about $750 million over the next three years for two green energy projects and one green steel project as the iron ore miner seeks to become a top-tier clean energy
Cheniere and Foran Energy Group Sign Long-Term LNG Sale and Purchase Agreement
November 17, 2023
Cheniere Energy’s subsidiary, Cheniere Marketing, has entered into a long-term liquefied natural gas sale and purchase agreement (SPA) with Foran Energy Group Co. Ltd. Under the SPA, Foran has agreed to purchase approximately 0.9 million tonnes per annum (mtpa) of
ExxonMobil Completes $1.26 Billion Acquisition of FPSO Liza Unity
November 17, 2023
SBM Offshore and ExxonMobil Guyana Limited, an affiliate of ExxonMobil Corporation, have completed the transaction related to the purchase of FPSO Liza Unity, a few months ahead of the end of the maximum lease term, in February 2024. The purchase
APA Group Makes FID on $289 Million Kurri Kurri Lateral Pipeline in NSW, Australia
November 15, 2023
APA Group has reached a final investment decision (FID) to build the Kurri Kurri Lateral Pipeline, connecting the Hunter Power Project to the existing Sydney to Newcastle Pipeline. APA previously executed a 30-year gas transportation and storage agreement with Snowy
New Annual Oil and Gas Licensing Rounds to Boost UK Economy
November 14, 2023
The UK government presented the Offshore Petroleum Licensing Bill to Parliament with the aim of enhancing the country’s economy, ensuring energy security, and facilitating the transition to a net-zero future. Under this legislation, there will be annual rounds of oil
Air Products to Add CO2 Treatment Facility to Its Hydrogen Production Plant, Netherlands
November 10, 2023
Air Products today said it will build, own, and operate a state-of-the-art carbon capture and carbon dioxide (CO2) treatment facility at its existing hydrogen production plant in Rotterdam, the Netherlands. The facility is expected to be on-stream in 2026, and
