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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

percent for 2028 to 2030, based on ETS directive, “Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a M9 system for the greenhouse gas emission allowance trading within the M9 Union and amending Council Directive 96/61/EC,” European Union, March 1, 2024. 3 Assuming a 4.3

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Equinor, Shell Unveil Name of UK North Sea JV

Rigzone

Adura, which will be equally owned, combines the two companies’ offshore assets in the UK, where Shell currently produces over 100,000 barrels of oil equivalent a day (boed) and Equinor about 38,000 boed. “Adura is expected to produce over 140,000 barrels of oil equivalent per day in 2025”, Equinor said.

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CNOOC Announces Seventh Upstream Startup in Chinese Waters This Year

Rigzone

has begun production at the Weizhou 5-3 oilfield in the South China Sea, its seventh announced startup offshore China in 2025. majority-owned by China National Offshore Oil Corp., The Panyu field has produced over 380 million barrels of petroleum since coming online 2003 according to the company. feet) deep. holds 49 percent.

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Great British Energy Gets Permanent CEO

Rigzone

billion) for Great British Energy to invest in clean energy supply chains such as electric cables and floating offshore wind platforms to ensure the clean energy revolution is built here in Britain,” it continued. “This includes announcing GBP 1 billion ($1.36

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Fifth Circuit to Hold Oral Argument in Sojitz v. UNOCAL in April 2020

The Energy Law

Last year, in another dispute over who should bear the cost of decommissioning offshore facilities, the Southern District of Texas held that a former sub-assignee of offshore operating rights was entitled to equitable subrogation from the record title owner and initial assignor. Sojitz Energy Venture, Inc. Union Oil Co. 3d 687 (S.D.

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

2003-N06, which was itself replaced by NTL No. To provide guidance on this issue, from 1998 through 2016, BOEM (and its predecessor) issued four NTLs, with each subsequent NTL replacing the prior NTL. This first of such NTLs, NTL No. 98-18N, was replaced by NTL No. Historically, under NTL No.

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

2003-N06, which was itself replaced by NTL No. To provide guidance on this issue, from 1998 through 2016, BOEM (and its predecessor) issued four NTLs, with each subsequent NTL replacing the prior NTL. This first of such NTLs, NTL No. 98-18N, was replaced by NTL No. Historically, under NTL No.