Page 7 - Offshore Technology News Today

UK charity Christian Aid has announced it will no longer bank with Barclays due to its continued financing of fossil fuels.

Norwegian energy company Vår Energi has purchased carbon capture and storage company Feistein CCS to aid its decarbonisation efforts.

Longboat Energy Norge and Japan Petroleum Exploration Co., Ltd (JAPEX) have successfully formed a joint venture called Longboat JAPEX Norge.

Dominion Energy has announced plans to sell its 50% stake in the Cove Point LNG facility to Berkshire Hathaway Energy.

NGO Global Witness found that energy giant Shell continued to profit from Russian LNG trade despite UK and EU sanctions.

Austria will not be attending the OPEC conference, despite the event being hosted in its capital Vienna, amid controversial media bans by OPEC

Wood Group has seemingly expanded its fossil fuel offer despite receiving a “green transition loan” with the UK government as guarantor.

The Advertising Standards Authority has banned three Shell adverts in the UK as environmentalists accuse it of greenwashing.

Shell has been fined $10m for emission limit breaches at its plant in Beaver County, Pennsylvania, US, but expects further breaches.  

While Russia is busy trying to re-route exports to Asian consumers, Europe has ramped up gas imports from Azerbaijan