Tag: oil and gas industry

Denmark and Costa Rica are trying to forge an alliance of countries willing to fix a date to phase out oil and gas production and to stop giving permits for new exploration, as Reuters revealed.

In anticipation of an active 2021 tropical cyclone season, USCG is reminding owners and operators of offshore units of the requirement to notify the Coast Guard when these units are relocated.

OCIMF published its annual report for 2021, outlining its work during the year, as well as its programmes.

The Oil and Gas Authority (OGA) has fined BP £50,000 and served it with a Sanction Notice for breaching a licence condition by failing to report the progress and results of two extended well tests.

Oil major Shell confirmed that it will appeal a ruling issued by the District Court in The Hague, in May 2021, mandating a reduction of its global net carbon emissions by 45% by 2030 compared to 2019 levels.

The Greenlandic government, Naalakkersuisut, passed a draft-bill has, banning preliminary investigation, exploration and extraction of uranium in Greenland.

TotalEnergies is partnering with GHGSat to develop a satellite imaging technology to monitor potential methane leak occurrences at offshore facilities. 

A fire on the ocean surface called the “Eye of fire” that erupted of July 2 in the Gulf of Mexico near Pemex’ Ku Maloob Zaap oil development was put out.

The UK Oil and Gas Authority (OGA) has issued updated guidance on flaring and venting, which sets out a tougher approach to driving reductions.

Global oil demand is set to return to pre-pandemic levels by the end of 2022, rising 5.4 mb/d in 2021 and a further 3.1 mb/d next year, IEA said in its monthly Oil Report for June 2021.