1 hour Uganda, Tanzania Seal $3.5-Bln Oil Pipeline Deal 3 days North Dakota Oil Pipeline Prevails Over Environmentalists 3 days Iran Says It Will Return To Nuclear Compliance After U.S. Lifts Oil Sanctions 3 days China Sets World Record For Deep-Sea Drilling In Disputed South China Sea 3 days Total’s $5-Billion Uganda Project Set For Imminent Go-Ahead 3 days Democrats Propose $8 Billion Bill To Clean Up Abandoned Wells 4 days Libya’s Largest Oilfield Could See Exports Interrupted 4 days Smaller Oil Tanker Rates Recover After OPEC+ Agrees To Ease Cuts 4 days U.S. LNG Exports Fall From Record Highs 4 days Oman s State-owned Oil Company QQ Mulls IPO
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The gathering pace of the oil and gas majors’ move into renewables projects as part of their transition to net-zero futures is an ongoing trend which will lead to more transactional activity in the next 12 months and beyond.
Earlier this month BP and Total laid down markers signalling their intent to accelerate energy transition when consortia led by the oil giants secured more than half of the eight gigawatts of project leases auctioned under the Crown Estate’s offshore wind leasing round four.