Europe1 week agoNorway Pushes EU to Lift Its Arctic Drilling Ban as the Hormuz Crisis Forces a Rethink on EU Energy SecurityNorway, Western Europe’s top oil and gas producer, has intensified lobbying at the European Union to persuade the bloc to…
Europe1 week agoEquinor Awards Baker Hughes Two Contract Extensions and DeepOcean Subsea Work Across the North SeaBaker Hughes extends two oilfield services contracts while DeepOcean secures subsea work for multiple fields including Johan Castberg Equinor has…
Europe1 week agoChevron Files to Acquire 70% Stake in HelleniQ Energy Greek Offshore Block as Mediterranean Exploration AcceleratesChevron has filed a request to buy 70% in an oil and gas exploration block offshore southwest Greece in what…
Europe2 weeks agoNorway North Sea Capex Rises to $28.6 Billion in 2026 as ConocoPhillips Ekofisk Redevelopment and Rising CostsNorwegian oil and gas companies have raised their investment forecasts for 2026 and 2027 compared to estimates three months earlier,…
Europe2 weeks agoOusted BP Chairman Albert Manifold Says He Was Fired Without Warning and Disputes Bullying and Misconduct ClaimsAlbert Manifold says he was removed without warning and ‘will not allow a false narrative to go unchallenged’ The ousted…
Europe2 weeks agoGermany Electricity Prices Surge 29% in One Day as European Heatwave Cuts Wind Power GenerationGermany’s day-ahead electricity prices soared by 29% on Wednesday as a heatwave across Europe boosted cooling demand while low wind…
Europe2 weeks agoUK Chancellor’s Permanent Establishment Tax Changes to Hit Oil and Gas Firms FirstChanges to the UK tax regime in respect of overseas permanent establishments announced by the UK government could have a…
Europe2 weeks agoRWE’s Sofia Offshore Wind Farm Reaches 91 Turbines Installed. Only Nine Remaining as North Sea Giant Nears CompletionWind turbine installation vessel (WTIV) Wind Peak has installed 91 turbines at the Sofia offshore wind farm, under construction approximately…
Europe2 weeks agoEurope’s Gas Storage Levels Cannot Withstand Another Three Months of Hormuz DisruptionEurope risks a major gas storage shortfall if disruptions through the Strait of Hormuz continue for another 1–3 months, with…
Europe2 weeks agoNorway Accelerates North Sea Oil and Gas Production and Reopens Shut-In Fields as Europe Races to Replace Disrupted Middle East and Russian SupplyNorway is boosting fossil fuel production to offset energy supply disruptions caused by Middle East instability and sanctions on Russian…