Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

Norwegian Energy Acquires Shell’s Danish Upstream Assets for $1.9 Billion

August 5, 2019

Royal Dutch Shell, through its affiliate Shell Overseas Holdings, has completed the sale of its shares in Shell Olie-og Gasudvinding Danmark (SOGU), to Norwegian Energy Company (Noreco) for a consideration amount of $1.9 billion. The transaction, effective from January 1,

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Kawasaki Starts Construction on Hydrogen Liquefaction and Loading Terminal, Australia

July 30, 2019

Kawasaki Heavy Industries subsidiary Hydrogen Engineering Australia (HEA) has started construction on the hydrogen liquefaction and loading terminal in Australia. The terminal, which is being built for the Hydrogen Energy Supply Chain (HESC) pilot project (Project), will be equipped to

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Reabold Resources and Partners Discover Massive Onshore Gas Field, UK

July 29, 2019

The West Newton A-2 well could hold at least 189 billion cubic feet of gas, making it potentially the largest onshore gas field in the UK since 1973 Reabold Resources and its partners Union Jack Oil and Rathlin Energy have

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Total to Sell Non-core UK North Sea Assets to Petrogas for $635 Million

July 22, 2019

Petrogas NEO UK, a jointly owned company of Petrogas and HitecVision, will acquire stakes across 10 fields, with an average 2019 production of 25,000 barrels of oil equivalent per day. Total has agreed to offload certain non-core operated and non-operated

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AECOM to Deliver 200 Ultrafast Fast Electric Vehicle Chargers for Shell, Netherlands

July 17, 2019

Global infrastructure services firm AECOM has been appointed by Shell Retail to deliver ultrafast electrical vehicle (EV) 150kW fast chargers across the Netherlands. Allowing more people to charge their cars on the go, a total of 200 fast chargers –

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Energean to Acquire Edison’s Oil and Gas Business in $850 Million

July 16, 2019

UK-based Energean Oil and Gas has agreed to acquire Edison Exploration & Production (Edison E&P), the oil and gas business of Italian energy company Edison, for up to $850 million. Edison E&P handles all the activities, mining titles and corporate

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OGA Launches 32nd Offshore Licensing Round for 768 Blocks in UK North Sea

July 15, 2019

A total of 768 blocks or part-blocks located across the main producing regions of the UK Continental Shelf (UKCS) will be offered for exploration in the 32nd Offshore Licensing Round organized by the Oil and Gas Authority (OGA). The blocks

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Jemena Begins Construction of Atlas Gas Pipeline Project, Australia

July 11, 2019

Jemena, an Australia-based energy infrastructure company, has started construction of the Atlas gas pipeline, to allow Australian gas consumers benefit from new gas supplies. The Atlas gas pipeline project is located approximately 20km south-west of Wandoan in Queensland, and is

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Ecuadorian Plaintiffs End Fraudulent Litigation Against Chevron in Canadian Lawsuit

July 10, 2019

A group of Ecuadorian plaintiffs whose litigation against Chevron Corporation has been exposed as a fraud and bribery scheme by courts in the United States and elsewhere has ended its Canadian lawsuit against the company. Following dismissals of their claims

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Queensland Gives Green Light to Expand Gas Exploration in Surat Basin

July 8, 2019

The Queensland Government has given approval for a joint venture between Santos and Shell, and Bridgeport Energy to start exploration in the Surat Basin in the Australian state, to unlock new gas resources. Santos and Shell will be responsible for

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