Tag: oil and gas industry

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.

Oil major Royal Dutch Shell will seek ways to accelerate its energy transition strategy and deepen carbon emission cuts, after a landmark Dutch court ruling last month, said the company's CEO Ben van Beurden, Wednesday.

China is expected to primarily drive the LNG regasification capacity additions globally by 2025, with Europe and Middle East being the second and third highest contributors respectively, according to analytics company GlobalData.