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Equinor Files Development Plan for Fram South in Norwegian North Sea

Rigzone

billion) investment to develop Fram South, which will unlock new gas for Europe, the operator said. Fram West and Fram East started production 2003 and 2006 respectively. Equinor operates Fram with a 45 percent stake through Equinor Energy AS. Both are tied back to Troll C. Var Energi ASA owns 40 percent.

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Whitecap and Veren Finalize $10.4B Merger, Create Top-7 Canadian Oil & Gas Producer

Rextag

The merged company will operate under the Whitecap Resources name and will be headquartered in Calgary, Alberta. In the Elmworth area of the Montney formation, leases averaged C$1,734 per hectare in 2024—the highest since 2003. The divestitures are expected to close before June 30, 2025. contributing nearly 12,000 bpd.

Gas 52
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Equinor, Shell Unveil Name of UK North Sea JV

Rigzone

operated Buzzard field, which started production 2007; an operating stake of 65.11percent in Mariner, online since 2019; and an 80 percent operating stake in Rosebank, expected to come onstream 2026. percent operating stake in Pierce, which started production 1999; a 44.9 Adura will include Equinor’s 29.89

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Petrovietnam, JV Partners Sign PSC for Vietnam Block

Rigzone

The project will be operated by the joint venture Cuu Long Joint Operating Company (Cuu Long JOC), which is the second largest oil exporter in the country. In 2003, the first oil was extracted from the Black Lion field, with estimated reserves of about 600 million barrels of oil, second only to the country’s White Tiger field.

BCF 62
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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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Trump's nuclear power push weakens regulator and poses safety risks, former officials warn

CNBC: Energy

The NRC is an independent agency established by Congress in 1975 to make sure that nuclear reactors are deployed and operated safely. The order requires the NRC to make final decisions within 18 months on applications to build and operate nuclear plants. over the past three decades.

Finance 82
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Russia denounces nuclear waste management agreement with Western donors

Energy Central

The Russian government has recently submitted a draft law to the State Duma to unilaterally denounce the Framework Agreement on the Multilateral Nuclear Environmental Program (MNEPR), which was signed in 2003 in Stockholm to help Russia cope with the expensive nuclear and radioactive cleanup operations in.