French fund rule puts $7.6 billion of oil, gas assets at risk
A French rule targeting ESG funds has the potential to force oil and gas divestments of €7 billion ($7.6 billion), according to an analysis by Morningstar Inc (NYSE: MORN).
A French rule targeting ESG funds has the potential to force oil and gas divestments of €7 billion ($7.6 billion), according to an analysis by Morningstar Inc (NYSE: MORN).
FEED work “could facilitate” a final investment decision (FID) on Preowei, Africa Oil, said.
A domestic Ivoirian company, Ice Oil & Gas, has signed a licence to explore a block offshore, previously held by TotalEnergies.
TotalEnergies agreed to buy three natural gas-fired power plants in Texas from TexGen Power for $635 million as it looks to expand in the US market.
Shell (LON: SHEL) will need as much as one trillion cubic feet of gas from exploration licences in the West of Shetland to "truly whet its appetite", according to analysis by Wood Mackenzie.
Total plans to drill one exploration well. Should it be successful, it may drill up to nine more.
Cash flow from operations reached $9.3bn in the quarter, and $27.4bn for the first nine months of the year.
New York has selected three offshore wind farms to negotiate power contracts with the state as the industry faces increasing challenges from rising costs.
Europe’s unloved oil majors seem to finally be winning back investors by refocusing on their core business, yet the valuation gap with their dealmaking US peers remains stubbornly wide.
TotalEnergies will partner with offshore wind developer Corio Generation and electricity producer Rise Light & Power to develop the 3GW Attentive Energy wind farm in the United States.
Start-up at the long-awaited Tyra redevelopment off Denmark is now expected in Q1 next year, according to project partner BlueNord.
“For me, it’s easier to develop offshore projects than onshore projects. Onshore there are stakeholders, who are more complex to manage.”
Scotland’s largest offshore wind farm, Seagreen, is now fully operational, with all 114 Vestas V164-10.0 MW turbines installed at the site.
ConocoPhillips (NYSE: COP) has kicked off production at the Tommeliten A field, which crosses the border of the UK and Norway in the North Sea.
The complaint accused the company of “involuntary manslaughter” and failing to assist someone who was in danger during the attack.
TotalEnergies is weighing a sale of part of its stake in Scotland’s largest offshore wind farm, people with knowledge of the matter said.
BP (LON: BP) has hit a key milestone ahead of reaching a final investment decision on the Northern Endurance carbon capture and storage (CCS) project in the UK.
TotalEnergies will sell its stake in a major oil sands project to ConocoPhillips, while its Canadian E&P arm will be bought by Suncor in deals worth over $4bn.
Natural hydrogen was previously considered non-existent, or at least inaccessible, but could it have a role in the future energy system?
Opportunities for M&A in the North Sea have opened up through a series of deals, an asset exit and a firm entering administration.
Consultancy Elemental Energies has won work to support decommissioning of the TotalEnergies Gryphon field in the North Sea.
The minister said the insurance issue was the last real barrier to EACOP. “The rest was politics”, she said.
Backers of the West of Orkney wind farm hailed a “major milestone” with the submission of offshore consent documents.
August update: K2, Leverett and Earn underway, and Norway takes off.
Kistos says that ‘adverse changes’ in the fiscal environment within the UK means that TotalEnergies' Edradour West, rather than Glendronach, is expected to go ahead next in the Greater Laggan Area (GLA).