EnergyScapes: Managing ENERGY TRANSITION Global Environmental Recovery

Tag: resource industry presence

Oil Majors Seeking Norway Exit Warned Shutdown Costs May Remain – Bloomberg

As oil majors are considering exiting Norway, the government is warning them that they could still be on the hook for billion of dollars in costs to close down dried up oilfields if they aren’t careful to whom they sell. Source: Oil Majors Seeking Norway Exit Warned Shutdown Costs May Remain – Bloomberg

UK Looks To Jump Start Offshore Activity With This Bidding Round | OilPrice.com

UK authorities have concluded the first bidding round in 20 years for offshore licenses in the underexplored continental shelf Source: UK Looks To Jump Start Offshore Activity With This Bidding Round | OilPrice.com

BP withdraws from Great Australian Bight drilling

BP announces it will not proceed with its planned exploration drilling program in the Great Australian Bight. Source: BP withdraws from Great Australian Bight drilling

Boeing CEO Vows to Beat Musk to Mars – Bloomberg

Boeing Co. once helped the U.S. beat the Soviet Union in the race to the moon. Now the company intends to go toe-to-toe with newcomers such as billionaire Elon Musk in the next era of space exploration and commerce. Source: Boeing CEO Vows to Beat Musk to Mars – Bloomberg

Long term climate heading into territory ‘unknown’ by humans: Steffen – RN Breakfast – ABC Radio National (Australian Broadcasting Corporation)

The research, published overnight in the journal Nature, suggests warming of between three to seven degrees Celsius may already be ‘locked in’ over coming millennia Source: Long term climate heading into territory ‘unknown’ by humans: Steffen – RN Breakfast – ABC Radio National (Australian Broadcasting Corporation)

OPEC Agrees to First Oil Output Cut in Eight Years – Bloomberg

OPEC agreed to the outline of a deal that will cut production for the first time in eight years, surprising traders who had expected a continuation of the pump-at-will policy the group adopted in 2014 at the instigation of Saudi Arabia. Source: OPEC Agrees to First Oil Output Cut in Eight Years – Bloomberg

Exodus of Professional Workers Reshaping Qatar

Professionals are leaving Qatar as employers make cutbacks amid lower energy prices. Source: Exodus of Professional Workers Reshaping Qatar

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