Neptune Energy in top 1% of 100 000 companies for ESG performance
The company has announced that it has been awarded a platinum medal from the environment, social and governance (ESG) ratings organisation, EcoVadis.
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Neptune Energy awarded 21.4 ESG rating
The company has announced it has received its best environmental, social and governance rating to date from Sustainalytics, putting it in the top 3% of all global oil and gas companies rated by the organisation.
Significant UK gas reserves used through flaring and venting
The UK has lost about 13 billion cubic metres (bcm) of indigenous gas reserves through flaring and venting over the past 10 years, exposing oil and gas operators to £2.6 billion in lost gas sales and £1 billion in Emissions Trading System (ETS) payments.
Horisont Energi, Neptune Energy, and E.ON sign MoU for European CCS value chain
The MoU covers several areas such as project financing, funding, and the development of a complete value chain for CO2 handling.
Well-Safe Solutions and Apache Corp. sign P&A Club decommissioning deal
The companies have signed a multi-year framework agreement to decommission wells in the North Sea, as part of the decommissioning specialist’s Plug and Abandonment Club offering.
GETI 2023: Surging fossil fuel prices make oil and gas sector top choice for energy workers
The seventh annual Global Energy Talent Index has revealed that the recent gas price crisis has transformed oil and gas into the most popular sector for energy workers to join and has sent salaries soaring above pre-pandemic levels.
Sercel-GRC launches school of gauges training courses
Each participant in the SoG Training Courses will gain expertise in functionality tests, best practices, configuration, troubleshooting, certificate of attendance and compliance.
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GD Energy Products and Catalyst Energy Services announce hydraulic fracturing partnership
The companies have announced their partnership to bring high horsepower, lower emissions technology to hydraulic fracturing.
Neptune Energy welcomes submission of Snøhvit Future PDO
The Gjøa field in the North Sea, operated by Neptune, is already powered by hydroelectricity, generated onshore.
Operators fined total of £265 000 as NSTA moves to enforce net zero and security of supply requirements
EnQuest and Equinor sanctioned for exceeding flaring permits while Spirit Energy was fined for breaching production limits.
API, AMEXHI and IOGP to strengthen collaboration in Gulf of Mexico
API, AMEXHI and IOGP have renewed an MoU, strengthening mutual cooperation to help enhance operational performance across North American natural gas and oil operations.
The latest developments in the MENA region
Rudranil Roy Sharma, Director, Energy & Environment Practice, Frost & Sullivan writes an overview of the current Oil & Gas sector in the MENA Region.
UK government faces triple legal challenge over major fossil fuel expansion in North Sea
The UK government is potentially facing three separate legal challenges as Greenpeace, Friends of the Earth and Uplift seek to stop up to 130 new oil and gas licences from going ahead.
S&P Global Commodity Insights shows that two thirds of UK and Norway North Sea oil and gas production has lower-than-average greenhouse gas intensity
The analysis found that, on average, UK production in the North Sea was nearly three times more GHG intensive (23 kgCO2e/boe) than Norwegian production (8 kgCO2e/boe).
Oil and gas industry leaders and UK government discuss energy security, net zero and investment
The industry is forecast to contribute £14.9 billion in tax receipts during the 2022 – 2023 financial year, however industry members raised concerns around the case for continuing investment following recent changes to the Energy Profits Levy.