News & Press Releases
Companies
ExxonMobil to Proceed $6.8B Hammerhead Project in Guyana
ExxonMobil has reached a final investment decision to move forward with the Hammerhead development offshore Guyana, following the completion of regulatory approvals. Hammerhead, located on the Stabroek block, will be the company’s seventh project in the area and is...
Companies
Companies form Hydrocarbon Exploration Consortium in Peru
Chevron, Anadarko, and Westlawn have finalized a consortium agreement to advance hydrocarbon exploration off the peru coast. Initial item in the agenda is analyzing results from a 3D marine seismic survey before deciding on drilling plans. The deal involves...
Africa
TotalEnergies Enters Oil Exploration Contracts in Liberia
TotalEnergies has entered into four new Production Sharing Contracts (PSCs) covering offshore exploration blocks LB-6, LB-11, LB-17, and LB-29 in Liberia’s southern basin. The agreements, signed following the 2024 Direct Negotiation Licensing Round led by the Liberia Petroleum Regulatory...
Companies
UN Global Compact Joins Global Offshore Wind Alliance (GOWA)
The United Nations Global Compact Ocean Stewardship Coalition has now joined the Global Offshore Wind Alliance (GOWA) formally, reaffirming initiatives to scale up offshore wind as a catalyst for the clean energy transition and the Sustainable Development Goals (SDGs)....
Europe
Netherlands Unveils €1B Offshore Wind Energy Action Plan
The Netherlands government has released its Offshore Wind Energy Action Plan, allocating nearly €1 billion to enable expansion of offshore wind farms in the Dutch North Sea.
Offshore wind is at the forefront of the Netherlands' energy transition, with offshore...
Asia
Pertamina Launches Ulubelu Green Hydrogen Pilot Project
PT Pertamina Geothermal Energy Tbk (PGE) has started work on the Ulubelu Green Hydrogen Pilot Project, marking its push into a broader hydrogen business. The facility will draw on geothermal power and use modern electrolysis to turn out up...
Europe
BRB achieves zero greenhouse gas emissions from Echt site operations in the Netherlands
BRB, a leading global lube oil additives and specialty chemicals manufacturer, has met the challenging goal of reducing greenhouse emissions from its operations to zero, and will hence report zero for scope 1&2 for 2025.
This has been achieved by...
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