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.
About two acres of industrial land in Aberdeenshire are up for grabs at a knock-down price of £1million in what could turn out to be one of the best bargains on offer in a subdued commercial property market.
The first phase of a strategic alliance involving the transfer of rights and ownership between Brazilian oil firm Petrobras and French oil giant Total has been finalised today.
The French oil company Total has decided to launch the first large-scale development of its Libra project in the deep ocean waters off Brazil, in the prolific Santos Basin, the company said Monday.