ESG/Investment
News
December 08, 2024
Equinor has commended Angola’s recent Incremental Production Decree as a landmark reform that enhances the country’s ability to attract oil and gas investments, while boosting production and driving economic growth.
Article
November 2024
With President-elect Trump and his pro-oil stance set to take position in office, a new Secretary of Energy candidate who opposes much of the ESG movement, and Liberty Oil suing the SEC for overreach — are we seeing the end of the ESG movement?
News
December 02, 2024
Offshore Energies UK (OEUK) says Scotland’s new hydrogen export strategy can build on the nation’s industrial strengths and unlock a £93 billion export opportunity if firms are now backed with a clear action plan to attract investment and talent.
News
December 01, 2024
Ecopetrol S.A. Board of Directors have approved the 2025 investment budget of the Ecopetrol Group for an amount between 24 and 28 trillion pesos, with more than half the approved budget earmarked for crude and gas exploration and production
News
November 27, 2024
Following the Board’s strategic endorsement, ADNOC announced the launch of XRG, a groundbreaking international lower-carbon energy and chemicals investment company, with an enterprise value of over $80 billion.
News
November 28, 2024
Empire Petroleum Corporation announced that it has entered into an amendment to its Revolver Loan Agreement with Equity Bank, increasing the total principal commitment to $20.0 million, up from an initial $10.0 million through December 29, 2026.
News
November 28, 2024
The African Energy Chamber (AEC) has voiced its support for the inaugural Congo Energy & Investment Forum (CEIF), set to take place in March 2025. This milestone event signals the nation’s commitment to strengthening its role as a key energy player on the continent.
News
November 22, 2024
ConocoPhillips today announced that it has completed its acquisition of Marathon Oil Corporation. The integration will add seamless value to ConocoPhillips' deep, durable and diverse portfolio while meeting our strict financial framework, said CEO Ryan Lance.
News
November 21, 2024
Nostra Terra, the international oil & gas exploration and production company with development and production assets in Texas, U.S., has announced a successful fundraise supported by institutional investors, Directors and Management, existing shareholders and new investors.
News
November 21, 2024
From 2025-2029, Energy Maritime Associates (EMA) expects orders for 119 Floating Production Systems, with a Capital cost of $126 Billion, in its mid-case forecast. Over 70% of this investment would go towards the 54 FPSOs.
News
November 20, 2024
The world’s leading oil and gas companies, including BP, Chevron, Shell, TotalEnergies, ExxonMobil and Eniare, are recognizing the growing global demand for sustainable fuel sources with over 40 biofuel projects planned by 2030.
News
November 13, 2024
Viasat, Inc. has shared its ‘State of Industrial IoT in 2024’ report, which finds energy is leading investment in IoT. The oil and gas sector has remained steady in its investment ($3.2m) since 2021, while renewables moves to increase its investment figures ($3.5m).
News
November 11, 2024
Algeria’s National Agency for the Valorization of Hydrocarbon Resources (ALNAFT) showcased six high-potential onshore licensing opportunities and extensive data packages at African Energy Week: Invest in African Energies.
News
November 10, 2024
The Republic of Congo (ROC) is preparing a new Gas Code to incentivize investment across the natural gas value chain. Concurrently, the country is preparing to launch its Gas Master Plan (GMP), serving as a roadmap for investing in the ROC’s gas sector.
News
November 05, 2024
Nighthawk Completion Services has received a majority investment and growth equity commitment from an investor group led by Bruce Ross, including Backcast Partners and certain energy service executives.
News
October 29, 2024
(Bloomberg) — The National Petroleum Corp. of Namibia aims to triple its stake in future oil and gas projects to 30% as the southern African nation is set for a surge in activity following multiple offshore discoveries.
News
October 28, 2024
Vantage Drilling International announces the first day of trading its shares on Euronext Growth Oslo. The listing follows a series of value accretive transactions, including the previously announced MoU with TotalEnergies.
News
October 25, 2024
(Bloomberg) — Suriname, which is on the verge of becoming a major South American energy producer, is ruling out more borrowing against future oil production, according to its finance minister.
News
October 10, 2024
The National Ocean Industries Association (NOIA) has awarded SEACOR Marine the third annual ESG Excellence Award, recognizing the company’s significant contributions to environmental, social, and governance (ESG) performance in the offshore energy industry.
Article
September 2024
There has been significant emphasis on methane by the EPA lately. Simultaneously, there are many groups filing applications asking for the Supreme Court to intervene and stop some of these new rules. This adds a new level of complexity to the issue of measuring, monitoring, quantifying and reporting of methane emissions. So, let’s talk about some of this complexity.
Article
September 2024
As exploration and development activity increased in 2023, so did capital expenditures and mergers and acquisitions. Oil and gas companies have continued to increase their voluntary ESG disclosures.
