The UK is dropping its defense of the Rosebank and Jackdaw oil licenses in the North Sea, while maintaining its existing permits.
This decision reflects a strategic shift against a backdrop of energy transition.
The UK is dropping its defense of the Rosebank and Jackdaw oil licenses in the North Sea, while maintaining its existing permits.
This decision reflects a strategic shift against a backdrop of energy transition.
ReconAfrica is moving ahead with exploration of the PEL 73 block in northeast Namibia, with a new agreement to sell a 20% interest to BW Energy for USD 22 million and a drilling program underway.
ReconAfrica is moving ahead with exploration of the PEL 73 block in northeast Namibia, with a new agreement to sell a 20% interest to BW Energy for USD 22 million and a drilling program underway.
Liquefied natural gas (LNG) prices in Asia continue to climb relative to the US, buoyed by geopolitical tensions and global supply disruptions, reflecting an energy market under pressure.
Liquefied natural gas (LNG) prices in Asia continue to climb relative to the US, buoyed by geopolitical tensions and global supply disruptions, reflecting an energy market under pressure.
By 2023, Equinor is investing USD 12.6 billion in contracts with Norwegian suppliers, strengthening the local economy, according to Kunnskapsparken Bodø.
By 2023, Equinor is investing USD 12.6 billion in contracts with Norwegian suppliers, strengthening the local economy, according to Kunnskapsparken Bodø.
Hedge funds' long positions continue to have a strong influence on the volatility of the European natural gas and LNG market, in response to geopolitical risks and global supply variations.
Hedge funds' long positions continue to have a strong influence on the volatility of the European natural gas and LNG market, in response to geopolitical risks and global supply variations.
Norwegian energy giant Equinor is pulling the plug on its offshore wind projects in Vietnam, citing regulatory delays and a strategic reassessment, which could put the brakes on energy ambitions in this fast-growing market.
Norwegian energy giant Equinor is pulling the plug on its offshore wind projects in Vietnam, citing regulatory delays and a strategic reassessment, which could put the brakes on energy ambitions in this fast-growing market.
