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Oil and Gas Companies in North America Less Green Than Those in EU
Oil and gas companies in North America are lagging behind their European counterparts in cleaning up their operations, new research has found, with higher greenhouse gas emissions and less investment in clean alternatives. ExxonMobil and Chevron of the US, alongside…
Program of metrological support for Gazprom’s operations approved for 2017–2021
The Gazprom Management Committee approved the Comprehensive Targeted Program of metrological support for the Company’s operations between 2017 and 2021. The Program is aimed at further improving the quality of metering Gazprom’s gas deliveries to domestic and foreign consumers. Particularly,…
Holding the line
The issue that currently dominates the outlook for the oil market is the outcome of OPEC’s ministerial meeting in Vienna on 30 November. It has only been two months since OPEC last met in Algiers and announced it would examine…
DONG Energy Confirms Sale of Oil and Gas Arm to Focus on Renewables
Danish energy giant DONG Energy has confirmed plans to sell its oil and gas business as part of the company’s “strategic transformation” into a global leader in renewable energy. “We have decided to initiate a process with the aim of…
Thassalia: France’s First Marine Geothermal Energy Power Plant Inaugurated
French utility Engie has inaugurated the nation’s first self-termed marine geothermal power station on France’s southern coast, in Marseille. The Thassalia power station will pump seawater from the Port of Marseille into heat exchangers and heat pumps to provide heat…
OGCI Announces $1 Billion Investment to Accelerate Development and Deployment of Innovative Low Emissions Technologies
The Oil and Gas Climate Initiative (OGCI) announced an investment of $1 billion over the next ten years, to develop and accelerate the commercial deployment of innovative low emissions technologies. OGCI Climate Investments (OGCI CI) will aim to deploy successfully-developed…
Dong Energy Considers Sale of Oil and Gas Assets to Focus on Windfarms
The biggest windfarm operator in the UK is considering selling its oil and gas business, four decades after it was set up to manage Denmark’s North Sea oilfields. Dong Energy, which is majority owned by the Danish government, said it…