How are global financial corporations cracking down on major oil and gas lending?
According to the Institute for Energy Economics and Financial Analysis, 50 globally significant financial institutions have introduced policies…
Four key concerns facing the Asia Pacific energy industry in 2020
21 Oct 20Since the coronavirus broke out in late December 2019, the industry has been challenged by a drop in…
UK Continental Shelf poised for a low-key final chapter after revised oil-reserve estimate
21 Oct 20A final swansong had been expected for hydrocarbon production from the ageing UK oilfields, but a resource downgrade…
More than $1tn needed for “key energy transition metals” by 2035
21 Oct 20Wood Mackenzie estimates that the considerable investment will be needed in aluminium, cobalt, copper, nickel and lithium to…
New Stratus Energy to acquire upstream and midstream assets in Ecuador
21 Oct 20The Canadian oil and gas company will acquire stakes in two onshore producing blocks and in an oil…
BHP commits additional $272m for Jansen Stage 1 potash project in Canada
21 Oct 20The $17bn Jansen project is a proposed underground potash development project located in Saskatchewan
£3.5m North of Tyne Programme seeks offshore innovators
21 Oct 20ORE Catapult will, partner with the Offshore Wind Growth Partnership (OWGP) and the North East Local Enterprise Partnership…
Pioneer Natural Resources to acquire shale rival Parsley Energy in $7.6bn deal
21 Oct 20The acquisition is the latest in a wave of consolidations sweeping across the US shale industry
Petra Diamonds considers debt-for-equity restructuring
21 Oct 20The company has signed agreements with South African lender as well as AHG for the recapitalisation of the…
Tri Global Energy, CIP commence operation of wind project in Texas
21 Oct 20The 162MW Bearkat II wind project is located in Glasscock County