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The Energy Council, a London-based networking platform, has released a survey of its 100,000 members suggesting that the finance and investment community has money and an appetite to continue to fund E&P exploration, particularly in gas.

The operator will use the cash from the sale to reimburse its expenses related to the platform’s construction.

Phased work to remove Heimdal and Veslefrikk A from the Norwegian North Sea shelf should be completed sometime in 2025.

The NeoLith pilot plant is on track to begin operations before the end of the year.

As the saying goes, the future is now. This is certainly the case offshore Norway, which represents one of the industry’s most influential test beds for impactful innovation.

A new white paper reports that Houston is better poised than anywhere else in the US to play a far more significant role in reducing emissions from industrial sources.

Flaring in the UK North Sea fell by 22% in 2020 from the previous year as production facilities cut the overall volume to 33 Bcf, a reduction that is roughly equivalent to the gas demand of 200,000 UK homes.

The Mexican state oil company believes it has found a new oil field on par with past billion-bbl finds.

Added assets raise its Delaware Basin daily disposal capacity to more than half a million barrels.

Russia’s largest oil company is moving quickly to shed underperforming brownfield assets to raise capital and transform itself into a major LNG player this decade. The state-owned giant is making the move as natural gas positions itself for a growing role in the energy transition.