Real-time energy use figures show UK economy recovery
LONDON - New data from corporate energy specialist Open Energy Market (OEM) offers a rare real-time demonstration of how Britain is getting back to work as lockdown lifts. Corporate energy…
UK Shale Firm Challenges Fracking Ban
UK’s oil company Aurora Energy Resources plans to challenge the government moratorium on fracking issued at the end of 2019, just a few months after Aurora had applied for permission…
Lukoil: Deepwater Senegal from Cairn Energy acquired
MOSCOW - PJSC LUKOIL concluded an agreement with Cairn Energy PLC to acquire a 40% interest in RSSD (Rufisque, Sangomar and Sangomar Deep) project in the Republic of Senegal for…
Reliance Industries claims number one spot in firm rankings
NEW DELHI (Bloomberg) --Reliance Industries Ltd. toppled Exxon Mobil Corp. to become the world’s largest energy company after Saudi Aramco, as investors piled into the conglomerate lured by the Indian…
Second Most Valuable Energy Firm: Reliance surpasses Exxon
India’s oil-to-telecoms conglomerate Reliance Industries surpassed on Friday Exxon as the world’s second most valuable firm doing business in energy after Saudi Arabia’s oil giant Aramco. Reliance Industries is the…
Neptune’s North Sea projects reached major milestones
COURBEVOIE, FRANCE - Neptune Energy announced the safe and successful installation of subsea oil and gas production flowlines and gas lift flowlines for its Duva & Gjøa P1 developments in…
European Union: Green Stimulus Package of 572 billion
European Union leaders agreed on Tuesday to allocate more than US$572 billion (500 billion euro), or 30 percent of the massive stimulus package, for investments in policies to fight climate change…
Rokke revamps business to capture renewable-energy opportunities
OSLO (Bloomberg) --Billionaire Kjell Inge Rokke is transforming the structure of his business empire as he seeks to revive struggling oil-service firms and seize on opportunities in renewable energy. Rokke’s investment…
Joe Biden Proposes Clean Energy Investments
Democratic presidential candidate Joe Biden proposed a $2 trillion clean energy and climate change package on Tuesday, a plan that would overhaul transportation, electricity, and heavy industry. Some of the highlights include making…
Dominion Energy gas assets are targets for Berkshire
(Reuters) - Berkshire Hathaway Inc (BRKa.N) said its energy unit will buy Dominion Energy Inc’s (D.N) natural gas transmission and storage network for $4 billion, helping billionaire Chairman Warren Buffett…