ESG/Investment
News
September 08, 2019
In the aftermath of Hurricane Dorian there are reports of widespread devastation across the Bahamas. Equinor says it will clean up the spills from the South Riding Point oil terminal. Resources are being mobilized as quickly as possible to safeguard people, the environment and the facility.
News
September 05, 2019
SPE Offshore Europe 2019 hosted a breakfast event for the launch of Roadmap to 2035: A Blueprint for net-zero, which sets out how the North Sea industry can support net-zero ambitions while also ensuring the security of the UK’s energy supply.
News
September 04, 2019
Exxon Mobil CEO Darren Woods is eyeing oil and natural gas deals despite calls to reduce emissions, saying any shift in the world’s energy supply will take decades.
News
September 04, 2019
Major oil companies are poised to do a record number of clean-energy deals this year, with Royal Dutch Shell leading a group of European companies that are well ahead of their U.S. rivals.
News
September 04, 2019
The North Sea industry’s drive towards greater efficiency and lower-carbon operations reflects the sector’s willingness to play its part in meeting the world’s sustainability and climate change goals. But more needs to be done, keynote speakers told the Offshore Europe 2019 opening session on Tuesday.
News
September 03, 2019
A North Sea market leader in third-party procurement is launching a sustainable approach to sourcing and supplying oilfield products and services, which could have a major impact on reducing the oil and gas industry’s carbon footprint.
News
August 29, 2019
The U.S. Environmental Protection Agency is set to unveil a proposal that would step back from federal regulation specifically targeting methane emissions at oil and gas facilities, potentially staving off requirements for a million existing U.S. wells.
News
August 14, 2019
The Trump administration is readying a plan to end direct federal regulation of methane leaks from oil and gas facilities, even as some energy companies insist they don’t want the relief.
News
February 16, 2018
Three of the world’s biggest oil companies called on Norway to help maintain funding for carbon capture and storage technology that is stagnating amid concerns about whether it can ever be cost-effective.
News
February 02, 2018
With its money-losing refineries producing the least fuel in 27 years and only a handful of private partnerships announced since Mexico’s energy reforms, sealing a $2.6 billion venture with Mitsui & Co. will come as a relief to Petroleos Mexicanos.
News
May 18, 2017
The Alberta Securities Commission is reviewing an environmental group’s request to halt a $1.28 billion share sale that Kinder Morgan Inc. plans to help finance the expansion of its Trans Mountain pipeline.
News
May 12, 2017
Occidental Petroleum Corp.’s shareholders approved a proposal Friday to require the oil and gas exploration company to report on the business impacts of climate change, marking the first time such a proposal has passed over the board’s objections.
News
May 10, 2017
The Bureau of Safety and Environmental Enforcement provided the latest details on its efforts to improve oil spill response technologies at the Arctic Oil Spill Response Research and Technology Workshop April 26.
News
May 02, 2017
BP Plc’s net debt rose again in the first quarter, reaching the highest level in at least a decade as payments linked to the Gulf of Mexico oil spill countered an almost threefold jump in profit.
News
May 02, 2017
Lundin Petroleum AB has announced the release of its Sustainability Report 2016.
News
April 28, 2017
The American Petroleum Institute’s Global Industry Services department (API Global) released two new safety standards: API Standard 16AR - Standard for Repair and Remanufacture of Drill-through Equipment and API Standard 18LCM - Product Life Cycle Management System Requirements for the Petroleum and Natural Gas Industries.
News
April 28, 2017
President Donald Trump is moving aggressively to expand offshore oil drilling and to reconsider rules that safeguard the activity.
News
April 27, 2017
Anadarko Petroleum Corp. dropped the most since August after the oil and natural gas explorer said it will shut more than 3,000 Colorado wells as part of an investigation into a deadly house explosion.
News
April 26, 2017
Endangered killer whales in the waters west of Seattle face heightened risk from an increased traffic of tankers that will carry oil from Kinder Morgan Inc.’s $5.4 billion Trans Mountain Pipeline expansion, two Native American organizations claim in a federal lawsuit.
News
April 25, 2017
Abu Dhabi National Energy Co. had its credit rating cut one level to A- by Standard & Poor’s, which cited what it sees as increased risks to state support for the utility known as Taqa.
News
April 20, 2017
BP Plc’s 2010 Gulf of Mexico oil spill caused damage to beaches, animals, fish, and coral that the public values at $17.2 billion, according to a financial accounting released on the seventh anniversary of the disaster.
