COP29: Oil majors pledge $500m energy access investment
Oil majors BP, Shell, Equinor and TotalEnergies have pledged a $500 million joint investment intended to increase energy access for people in key regions.
Oil majors BP, Shell, Equinor and TotalEnergies have pledged a $500 million joint investment intended to increase energy access for people in key regions.
An independent operator has filed a lawsuit to stop plans to decommission the Gryphon floating production storage and offload (FPSO) vessel.
French energy giant TotalEnergies (PARIS:TTE) hailed "robust" results for the third quarter of the year despite a decline in margins.
ADC Energy announced it has extended a contract with TotalEnergies (PAR:TTE) after the French firm agreed to push ahead with at $9 billion (£6.9bn) oil and gas development offshore Suriname.
BP (LON:BP) is reportedly considering the sale of a minority stake in its offshore wind business as it looks to reduce the scale of its investment in the sector.
Planned oil and gas tax changes in the UK will prompt TotalEnergies (PAR: TTE) to reduce capital expenditure and restructure operations in the country, the company's chief executive officer Patrick Pouyanne said.
Just 35 North Sea companies paid £7.5billion in 2023 as sector warns UK tax policies will kill jobs, investment and receipts.
The developers of the major Northern Lights carbon capture and storage (CCS) project in Norway have completed the CO2 receiving and storage facilities.
North Sea oil pollution has been "grossly underestimated" due to an opaque and misleading reporting system and ineffective regulations, a report has found.
Offshore drilling firm Archer has signed a deal to deliver the floating platform for TotalEnergies (XPAR: TTE) Culzean wind pilot project in the UK North Sea.
In August, the International Association of Oil and Gas Producers (IOGP) celebrated its 50th anniversary since its founding in London.
Read about recent appointments at SSE Renewables, Three60 Energy, TotalEnergies, Burness Paull and EET Fuels.
TotalEnergies (XPAR: TTE) has launched a floating wind pilot project to supply renewable power to the Culzean offshore platform in the UK North Sea.
Protestors took over the TotalEnergies stand on the show floor of ONS in Stavanger in the latest in a string of “naked truth” protests.
A trading unit of French oil major TotalEnergies (LON:TTE) has been fined $48 million by the US Commodity Futures Trading Commission over allegations that the firm attempted to manipulate gasoline markets.
Norway's role supporting Europe through its energy crisis and cutting emissions in Africa and India was credited to its positive support for its oil and gas industry.
Kistos said the licensing would "extend the life of existing infrastructure and maximise economic output".
The policy brains behind the UK’s carbon capture, utilisation and storage (CCUS) clusters have hailed progress towards ambitions to make Great Britain a world leader in the technology despite deep concerns about delays in the projects.
Kazakhstan’s arbitration claims against a group of international oil majors that developed the Kashagan field escalated above $160 billion after the country alleged some deals were tainted by corruption, according to people familiar with the matter.
TotalEnergies SE Chief Executive Officer Patrick Pouyanne said the French energy giant is progressing with its plan to list shares in New York in a bid to lure more US investors.
Analysts had expected TotalEnergies to post a profit of $4.92 billion.
Total and SSE are aiming to capture 20% of the UK and Ireland electric vehicle charging market via a new joint venture.
French firm TotalEnergies (PAR: TTE) has sold its oil and gas fields West of Shetland to Prax Group.
"Energy is about the long term," said TotalEnergies' chief executive as he committed to his firm's renewables plans.
TotalEnergies SE agreed to buy a gas-fired power plant in the UK from EIG Global Energy Partners for an enterprise value of £450 million ($575 million) to complement its renewable energy assets in the country.