Thailand’s PTT Exploration & Production (PTTEP) has confirmed it will take over operatorship of the Yadana gas field offshore Myanmar in July as TotalEnergies (LSE:TTE) walks away in a transaction with no commercial value.
Boris Johnson has hosted the leaders of the UK oil and gas industry at Downing Street to discuss how to achieve “greater energy independence” for Britain.
Chevron is seeking to sell its share of the Yadana gas field to Thailand’s PTT Exploration & Production (BKK:PTTEP) as TotalEnergies gives its operated interest away for free in what appears to be a hasty retreat from Myanmar.
BP, TotalEnergies and ConocoPhillips executives have held talks with Libya’s National Oil Corp. (NOC) on the sidelines of the CERAWeek conference, in Houston.
A key component of what will be Scotland’s largest offshore wind farm has been installed off the Angus coast.
Schlumberger has confirmed a wells contract from TotalEnergies for work on the Tilenga field, in Uganda.
TotalEnergies has instructed traders not to buy any oil from Russia as pressure grows to isolate the country from world energy markets.
Crown Estate Scotland is seeking “formal assurances” that winners in the ScotWind auction adhere to sanctions being imposed on Russia.
Greenpeace has released video of it confronting a tanker containing Russian gas which was turned away by UK dockworkers last week.
A Ukrainian energy expert living in Aberdeen hopes the bravery displayed by her countrymen will lead to further action against Russia, including UK sanctions on its fossil fuels.
The former deputy country chair of Shell Ukraine has hit out at TotalEnergies over its “toothless, useless and highly disappointing" position on Russia's invasion.
There is general consensus amongst analysts that oil giant BP will face an uphill struggle to find a buyer for its stake in Rosneft.
Moscow-headquartered Lukoil (LON: LKOH) has terminated its membership of industry trade body Norwegian Oil and Gas.
TotalEnergies has said it condemns Russia for its “military aggression against Ukraine” and will not provide capital for new projects in Russia.
First BP, then Shell. In just two days, Britain’s twin energy giants have dumped Russian investments nurtured over decades and shut themselves out of the world’s largest energy exporter, probably forever.
Energy majors continue to offload interests in Russia, with a series of divestment announcements by the likes of Shell, BP and Equinor.
Norwegian oil giant Equinor has followed BP in announcing that it will start exiting its joint venture businesses in Russia.
Researchers don’t expect the ongoing conflict between Russia and Ukraine to dent the flow of cash to BP (LON: BP) or TotalEnergies (PAR: TTE).
BP, Wintershall DEA and IOG are among the North Sea firms which are monitoring UK Government sanctions against Russia, and could be impacted as tensions escalate.
Oilfield services group Saipem (SPM.MI) has concluded a review of key projects and backlog following a surprise profit warning last month.
TotalEnergies has made a “significant” discovery at the Venus 1-X well, offshore Namibia.
Oil and gas giants are expected to fork out billions of pounds on share buybacks this year as they reap bumper profits.
ExxonMobil (NYSE:XOM), which operates the PNG LNG export complex in Papua New Guinea (PNG), has sealed a gas agreement with the PNG government that provides a clear framework for development of the P’nyang field to backfill existing liquefied natural gas (LNG) infrastructure. However, major development activities are unlikely to start before 2027.
TotalEnergies and APA Corp. have made a “significant” oil and associated gas discovery offshore Suriname, on Block 58.
Malaysia’s Petronas and Japan’s Mitsubishi Corporation are divesting their shares in the Yetagun gas field offshore Myanmar. The move marks the latest in a series of exits by major energy companies, including Chevron and TotalEnergies, following the military coup in February 2021.