President Joe Biden is taking action to prohibit new offshore oil and gas exploration in most U.S. coastal waters two weeks before Donald Trump is set to assume office- with
Dogger Bank – World’s biggest offshore wind farm comes online
Dogger Bank will ultimately supply power sufficient for around six million households.
Gas prices rise due to reduced Norwegian production.
European natural gas prices have surged, continuing from last week, due to disruptions in Norwegian supplies to the UK and mainland Europe.
Share Talk Weekly Energy Sector News Round-Up, Sunday 3rd September 2023
US oil climbed above $85 a barrel leading into the weekend for the first time since November as supply cuts tighten West Texas Intermediate has risen 2pc.
Oil continues to decline due to demand concerns following UK’s interest rate increase.
Oil prices dropped for the second consecutive session and were on track for a more than 3% decrease on a weekly basis this Friday.
Oil prices rise as China initiates measures to stimulate its economy.
Amid a spike in Chinese imports of Russian oil, it’s an opportune moment to examine the crude oil market dynamics.
Sunak Initiates Withdrawal from North Sea – Observe the Decline of UK Oil Production
In the early 2000s, the North Sea oil and gas industry, centered around Aberdeen, reached its pinnacle, producing over 2.7 million barrels of oil each day, which accounted for 3.6%
A discovery of oil and gas has been made by Equinor in Norway
On Tuesday, Equinor (EQNR.OL) announced that it has found a new oil and gas reserve near the Troll field in the North Sea. The discovery is estimated to have between
Tekmar Group PLC (AIM:TGP) New contract awards
Tekmar Group (AIM: TGP), a leading provider of technology and services for the global offshore energy markets, is pleased to announce that Group companies Pipeshield International Limited and Subsea Innovation
Tekmar Group PLC (AIM:TGP) Contract Award re Dogger Bank C
Tekmar Group (AIM: TGP), a leading provider of technology and services for the global offshore energy markets, is pleased to announce that DEME Offshore has awarded the contract to supply
In a deal to end UK dependence on Russia, the US doubles its gas exports
The US will double its gas exports to the UK. This announcement comes as the US faces the first major test in terms of energy resilience following the conflict in
North Sea oil producers want a price floor to limit UK windfall taxes
Executives and industry sources suggest that the British government should establish a price ceiling to reduce the impact of its windfall tax on North Sea oil and gas producers. Some