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Results:1 - 10 of 51853 Economics, business and commerce,Policy and governance

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  • New guidelines promoting good practice in robust project delivery published by Oil & Gas UK (OGUK) aim to provide companies with a systematic framework for ensuring oil and gas projects are on time and within budget.Industry experts including operators, contractor companies and the Engineer...

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  • The New Zealand government has passed the ‘Zero Carbon Bill’ amendment to the current Climate Change Response Act 2002, which will see the country become nearly carbon neutral by 2050.The purpose of the amendment, which will ensure all climate legislation is under one act, is to provide a framework ...

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  • MOL has signed $1.57bn agreement with Chevron Global Ventures and Chevron BTC Pipeline to acquire their non-operated E&P and midstream interests in Azerbaijan, including a 9.57% stake in the Azeri-Chirag-Gunashli (ACG) oil field, and an effective 8.9% stake in the Baku-Tbilisi-Ceyhan (BTC) pipel...

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  • Brazil only secured $17bn out of the hoped for $26bn in fees being sought by the government in the country’s latest licensing round, according to media reports. President Bolsonaro is striving to boost Brazil’s oil production and reportedly wants to join OPEC. However, international bidders were sai...

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  • ConocoPhillips is to sell the subsidiaries that hold its Australia-West assets and operations to Santos for $1.39bn. In addition, the company will also receive a payment of $75mn upon final investment decision (FID) of the Barossa development project.The subsidiaries hold ConocoPhillip’s 7.5% intere...

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  • Germany’s BMVI (Federal Ministry of Transport and Digital Infrastructure) believes hydrogen is potentially a key resource to tackle climate change and has awarded €23.5mn to six hydrogen mobility projects.‘Hydrogen, fuel cells and electricity move the future. We have seen many studies and pilot proj...

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  • The Scottish government has set out a finalised policy of no support for unconventional oil and gas (UOG) development in Scotland.Energy Minister Paul Wheelhouse confirmed this position following a comprehensive period of evidence-gathering and consultation, including environmental and business asse...

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  • Heavyweight oilfield service providers like Saipem and Baker Hughes are diversifying beyond oil and gas development projects and are moving increasingly into renewable energy projects, reports Rystad Energy.In 2014, non-upstream oil and gas activities accounted for 22% of revenues among service supp...

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  • Cinar offers technical services to a large number of industries, i.e., boilers, cement and lime, steel, using mineral interactive computational (MI-CFD) tools, focusing on: increasing the efficiency of combustion units, use of alternative fuels, assistance with permitting and, where appropriate, imp...

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