Tuesday, December 17, 2024
Italy's Eni joins North Sea wind power grab with Dogger deal- oil and gas 360

Italy’s Eni joins North Sea wind power grab with Dogger deal

Reuters OSLO/MILAN – Italy’s Eni is buying a 20% stake in the Dogger Bank Wind Farm project from Norway’s Equinor and Britain’s SSE as it seeks to gain expertise in the sector and cut its greenhouse gas emissions 80% by 2050. The project off the northeast coast of England is expected to become the world’s largest offshore wind farm, helping

Column: OPEC+ to boost output as oil market tightens - John Kemp-oil and gas 360

Column: OPEC+ to boost output as oil market tightens – John Kemp

Reuters LONDON – OPEC and its partners have agreed to raise their collective production by 0.5 million barrels per day (bpd) in January, with output to be reviewed and adjusted at monthly intervals thereafter. The increase is much smaller than the 2 million bpd scheduled last April, but marks a significant shift from the start of November, when the group

Trump administration encourages offshore drilling in final energy push- oil and gas 360

Trump administration encourages offshore drilling in final energy push

Reuters NEW YORK – The U.S. Bureau of Safety and Environment Enforcement, which overseas offshore oil and gas production, said it will consider lower royalty payments for producers that invest in projects to enable existing platforms to reach their full capacity. The move to offer royalty relief comes in the final months of the Trump administration, and follows similar policy