Natural gas
The draft oil and gas local content policy aimed at regulating the petroleum industry has been criticized for lacking clear penalties for foreign companies that do not comply, making it vulnerable to corruption. The policy focuses on empowering local communities through the exploration and production of oil and gas resources
Natural gas
Kemi Badenoch has pledged that a Conservative government would make North Sea oil and gas the "cornerstone" of the economy, reversing Labour's "ban" on new oil and gas licences and reversal of a ban on providing financial support for the fossil fuel energy sector
Natural gas
The U.S. Department of Justice Environment and Natural Resources Division has announced that the U.S. Court of Appeals for the District of Columbia Circuit has published an opinion upholding the Department of the Interior's 2024-2029 National Outer Continental Shelf Oil and Gas Leasing Program. This decision
Natural gas
As the Tory government remains committed to the extraction of North Sea oil and gas, leader Kemi Badenoch has pledged to overturn a ban on supporting UK companies that export oil and gas technologies abroad, calling it a "mad decision". Badenoch will make this pledge in a speech
Wind power plants
Ed Miliband's proposal to power Scotland's most polluting oil platform with a £2.5 billion wind farm has been rejected by the Chinese owner, China National Offshore Oil Corporation (CNOOC). The Energy Secretary had hoped to electrify the Buzzard oil platform, which is one of the
Wind power plants
Green Oceans and a coalition of tribal nations have filed petitions with nine federal agencies, calling for the suspension of all offshore wind projects off the Northeast Atlantic coast, citing national security risks, violations of federal trust responsibilities to Tribal Nations, and irreparable harm to historic and cultural resources. The
Wind power plants
The US Department of the Interior (DOI) has announced plans to reevaluate its approval of the 2 GW Maryland Offshore Wind Project, granted to US Wind in December 2024. As part of this process, the DOI intends to move to vacate its approval of the Construction and Operations Plan (COP)
Wind power plants
A significant milestone has been achieved in the development of the world's largest offshore wind farm, the 3.6GW Dogger Bank Wind Farm, with the finalization of a seabed lease for the Dogger Bank D project. This latest phase has the potential to unlock an additional 1.5GW
Energy industries
Arena Energy LLC and a coalition of producers, including Ridgewood KMS Holdings, LLC, Talos Energy Offshore, LLC, Talos Third Coast, LLC, W&T Offshore, Inc., and Walter Oil & Gas Corporation, have moved to intervene in the Federal Energy Regulatory Commission (FERC) proceeding related to Kinetica Energy Express, LLC&
Energy industries
ExxonMobil is set to invest a significant sum in Trinidad and Tobago after more than two decades, with the potential investment amounting to up to US$21.7 billion. The strategic move follows the signing of a Production Sharing Contract (PSC) between ExxonMobil and T&T Deepwater Ltd. The
Natural resources
Somali President Hassan Sheikh Mohamud visited the Turkish seismic exploration vessel Oruc Reis at the Port of Mogadishu, marking the completion of an extensive oil exploration mission off the coast of Somalia. The President praised Turkey's partnership in the months-long survey, expressing optimism that the results will pave
Natural resources
President Hassan Sheikh Mohamud has inspected the 'Oruc Reis' oil exploration ship, marking a critical milestone in Somalia's journey towards resource self-sufficiency. The completion of extensive oil exploration activities off the coast of Somalia is poised to dramatically alter the nation's economic landscape. The
