A groundbreaking memorandum of understanding (MoU) was recently signed between SeaTwirl, a developer of floating wind turbines, and Serica Energy, an offshore oil and gas operator, to explore the electrification of offshore assets and activities using SeaTwirl's innovative floating wind turbines.
The recent bipartisan bill passed by the U.S. Senate Energy and Natural Resources Committee aims to reform the federal permitting process for energy projects, an effort hailed as a significant step toward easing the regulatory burdens that have long plagued both fossil fuel and clean energy
Amidst recent declines in global crude prices, the OPEC+ alliance has once again opted to uphold its existing production cuts. This decision, while ensuring some stability within a volatile market, marks a significant stance as it throws into question the anticipated relaxation of these cuts in the
As the oil and gas industry continues to experience significant consolidation, Vital Energy and Northern Oil and Gas (NOG) have announced a major $1.1 billion acquisition of Point Energy's assets. This acquisition is designed to enhance their operational capabilities and scale within the Delaware
Kuwait has recently made a significant breakthrough in the oil and gas sector with the discovery of a substantial reserve in the Al-Nokhatha field, offshore east of Failaka Island. This milestone, achieved by the Kuwait Petroleum Corporation (KPC) in collaboration with its subsidiary, the Kuwait
The landscape of global investing is undergoing a seismic transformation, with European institutional investors at the forefront of a significant shift away from oil and gas stocks. This trend is driven by concerns over stranded assets, financial instability in a carbon-constrained future, and a
