Europe

Acquisitions & Divestitures , Business

EnQuest Selling Stake in North Sea Golden Eagle Oilfield, Sources Say

EnQuest has struggled in recent years with high debt levels and a drop in profits after Britain imposed a 35% windfall tax on North Sea producers.

April 16, 2024

Deepwater , Field Development

Deepwater Roundup 2024: Offshore Europe, Middle East

Part three of Hart Energy’s 2024 Deepwater Roundup takes a look at Europe and the Middle East. Aphrodite, Cyprus’ first offshore project looks to come online in 2027 and Phase 2 of TPAO-operated Sakarya Field looks to come onstream the following year.

April 16, 2024

Field Development , Natural Gas

Trillion Energy Begins SASB Revitalization Project

Trillion Energy reported 49 m of new gas pay will be perforated in four wells.

April 15, 2024

Hart Energy Exclusive , CERAWeek , CCS/CCUS , International , Health, Safety & Environment

Exclusive: Tenaris’ Zanotti: Pipes are a ‘Matter of National Security’

COVID-19 showed the world that long supply chains are not reliable, and that if oil is a matter of U.S. national security, then in turn, so is pipe, said Luca Zanotti, U.S. president for steel pipe manufacturer Tenaris at CERAWeek by S&P Global. 

April 12, 2024

Geothermal , Solar , Wind , Hydrogen , Energy Storage , RNG , Bioenergy/Biomass

Energy Transition in Motion (Week of April 12, 2024)

Here is a look at some of this week’s renewable energy news, including a renewable energy milestone for the U.S.

April 12, 2024

Acquisitions & Divestitures , Liquefied Natural Gas (LNG) , Investment

UAE's ADNOC Recently Eyed BP as Takeover Target, Sources say

The Emirati giant, Abu Dhabi National Oil Co., considered all options when looking at BP, including buying a big stake.

April 11, 2024

Liquefied Natural Gas (LNG)

US NatGas Flows to Freeport LNG Export Plant Drop Near Zero

The startup and shutdown of Freeport has in the past had a major impact on U.S. and European gas prices. 

April 11, 2024

Energy Transition , Exploration & Production

‘Unapologetic,’ Barclays Restarts E&P Coverage: ‘The World Needs Oil and Gas’

Barclays analysts, in restarting coverage of E&Ps, presented anti-hydrocarbon investors with “a reality check on energy transition.”

April 10, 2024

Crude Oil , International

What's Affecting Oil Prices This Week? (April 8, 2024)

Stratas Advisors says geopolitics are providing a boost for oil prices as conflicts escalate–and while crude oil and oil products continue to flow, the possibility of disruption is increasing.

April 8, 2024

Solar , Acquisitions & Divestitures , Investment

CIP Acquires Majority Stake in Elgin, Plans $315MM Investment

Copenhagen Infrastructure Partners acquired a majority stake in Elgin Energy with plans to invest  $316 million in the company.

April 5, 2024