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Oil & Gas DECODED

Latest edition: 22 Sep 2023
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UN General Assembly: US Treasury sets out new “principles” to boost green investment

The principles focus on companies’ scope 3 emissions and state that all net-zero targets should align with the global warming target of 1.5°C.

Latest news

KUFPEC unit signs deal to buy stake in Shell's block offshore Egypt

Shell will continue to serve as the operator of the block, which is located in the Egyptian portion of the Mediterranean Sea.

Santos to sell working interest in Alaska exploration leases

Santos has announced plans to sell half of its working interest in 148 exploration leases in Alaska, US.

bp, Shell consortium to explore three blocks offshore Trinidad

The parties are expected to sign the production sharing contracts related to the three offshore blocks next week.

Repsol launches arbitration case against Venture Global LNG

Alongside Repsol, Shell, bp and Edison have initiated similar proceedings against Venture Global LNG.

bp and Pertamina team up to produce blue ammonia and increase LNG supply

Pertamina is exploring ways to increase the gas supply in Teluk Bintuni while using the Tangguh CCUS to produce blue ammonia.

UK oil and gas explorer Waldorf weighs sale of business

Waldorf’s business review comes after its growth plans were hampered by the energy windfall tax imposed by the UK Government.

Indonesia offers three blocks for oil and gas exploration

Indonesia on Wednesday offered three exploration oil and gas blocks in its third round of auctions this year amid efforts to replenish reserves, an energy ministry official said. The government offered Akimeugah I and Akimeugah II blocks, which each has an...

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