News
Siemens Energy rebranding as Omterra, expanding its Competence Hub in Mexico | Upstream
1+ hour, 43+ min ago (31+ words) Siemens Energy rebranding as Omterra, expanding its Competence Hub in Mexico Upstream Online Siemens Energy rebranding as Omterra Contractor can only use current name for limited period following 2020 spin-off...
Petrobras seeks ion battery technologies for subsea applications
1+ mon, 14+ hour ago (32+ words) Upstream Online Petrobras seeks ion battery technologies for subsea applications Potential use of lithium-ion and sodium-ion batteries to be analysed in Brazil...
Petronas highlights key terms of EnQuest’s $833 million farm-ins
1+ mon, 5+ day ago (34+ words) Upstream Online Petronas highlights key terms of EnQuest’s $833 million farm-ins UK independent boosting Malaysian upstream portfolio with three key deals...
ExxonMobil shareholders approve Texas move
1+ mon, 2+ week ago (52+ words) ExxonMobil shareholders on Wednesday approved the US supermajor’s proposed reincorporation in Texas, paving the way for its departure from New Jersey and its Standard Oil dynasty roots after 144 years... ExxonMobil shareholders approve Texas move US supermajor to officially re-incorporate in…...
Lenders line up to finance Eni CCS projects
1+ mon, 3+ week ago (29+ words) Upstream Online Lenders line up to finance Eni CCS projects Italian major's CCS-focused satellite secured £500 million from leading banks...
How Europe's biggest blackout helped turn role of renewables on its head
2+ mon, 1+ week ago (56+ words) Upstream Online How Europe's biggest blackout helped turn role of renewables on its head Some people blamed Spain's high renewables penetration for last year's blackout, but regulatory changes will now allow wind and solar to help stabilise voltage. Industry leaders…...
Oilfield contractor set to reincorporate in Texas
3+ mon, 1+ week ago (308+ words) Weatherford follows ExxonMobil’s redomiciling move to centre of US energy industry Weatherford said the redomiciling move from Ireland to Texas should be completed in the third quarter, subject to shareholder and regulatory approvals. The company noted that it has already…...
No incentives to invest in renewable energy, says Equinor executive
3+ mon, 3+ week ago (49+ words) Upstream Online No incentives to invest in renewable energy, says Equinor executive Equinor’s former head of renewables, Irene Rummelhoff, was shocked when she realised how aligned European industry is in its criticism of the EU’s emissions trading system...
Power-from-shore makes an impact in Norway but costs are climbing
8+ mon, 2+ week ago (50+ words) National regulator says existing projects have led to a substantial cut in emissions from offshore oil and gas operations... Power-from-shore makes an impact in Norway but costs are climbing National regulator says existing projects have led to a substantial cut…...
TotalEnergies unveils proposed new cluster project in Malaysia
9+ mon, 2+ week ago (206+ words) Kenyalang project lies in neighouring Blocks SK 313 and SK 301B French energy giant TotalEnergies has its eye on developing a new gas cluster project offshore Sarawak in Malaysia, a country it is targeting for significant growth. The company said at its…...