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Results:1 - 10 of 4628 Research and development meta_subject_or=Engineering,Drilling

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  • A proposed sustainability reporting standard for oil and gas companies identifies climate change as the single biggest challenge facing the sector.A 90-day public comment period has launched for the draft GRI Oil and Gas Sector Standard, with input invited from around the world. The Standard id...

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  • The UK government has announced a number of measures to spur the UK’s recovery from COVID-19 and meet the nation’s target of reaching net zero greenhouse gas (GHG) emissions by 2050, under a ‘Plan for Jobs’ policy paper published on 8 July 2020.Measures include the introduction of a £2b Green Homes ...

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  • The European Commission (EC) has published an EU hydrogen strategy that aims to raise up to €180bn in total investments to boost the technology and infrastructure needed to produce, store and transport renewable hydrogen. It is understood that a significant level of funds will come from the EU’...

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  • BP has announced that it is planning to invest $70mn in India’s Green Growth Equity Fund (GGEF). The fund, established in 2018, is focused on identifying, investing and supporting growth in zero carbon and low carbon energy solutions in the country.GGEF is based in Mumbai, India, and invests in scal...

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  • The coronavirus pandemic could spoil Angola’s plans to rebuild its declining oil production, claims Rystad Energy.Angola’s oil output averaged 1.38mn b/d last year and was forecast to reach 1.4mn b/d in 2020. Despite its robust level, the country has long realised that its existing production is on ...

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  • Neptune Energy and its partners have announced the discovery of hydrocarbons at the Dugong well (PL 882) in the Norwegian sector of the North Sea. A contingent side-track may be drilled to further define the extent of the discovery.Dugong is located at a water depth of ...

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  • The UK government’s overseas development bank has promised to invest only in companies that align with the Paris Climate Agreement in reaction to calls to end fossil fuel financing.The CDC Group says its new climate strategy will channel 30% of its spending towards climate finance in 2021 and end it...

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  • The European Commission (EC) has launched the first call for proposals under its Innovation Fund, reportedly one of the world's largest programmes for the demonstration of innovative low carbon technologies. The fund will finance breakthrough technologies for renewable energy, energy-intensive ...

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  • Eni (operator) and partners BP and Total made a gas discovery in the North El Hammad licence, on Bashrush prospect in the Nile Delta, offshore Egypt.The discovery ‘demonstrates the significant gas and condensate potential of the Messinian formations in this sector of the Egyptian offshore shallow wa...

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  • Global discoveries of conventional resource volumes reached just 4.9bn boe in the first half of 2020, Rystad Energy estimates, the weakest-performing first half of the 21st century. The resource volumes were 42% lower and the number of discoveries was down by 31% compared to the same period in 2019....

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