Shell enriches gas business with $16.4 billion ARC Resources takeover

UK-headquartered energy giant Shell has made a move to strengthen its liquefied natural gas (LNG) arsenal through a multibillion-dollar cash‑and‑share deal for the acquisition of Canada-based ARC Resources. The post Shell enriches gas business with $16.4 billion ARC Resources takeover appeared first on Offshore Energy.

North Sea oil & gas seen as linchpin of UK’s energy security and net zero transition

Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has portrayed the oil and gas production from the North Sea as a backbone of the nation’s security of supply to prevent over-reliance on imports and continue to pursue and implement the transition to a low-carbon and net-zero future. The post North Sea …

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Global Shipping Climate Deal Edges Closer: IMO Member States Urged to Hold Line

Ahead of this week’s meeting of the International Maritime Organization’s Marine Environment Protection Committee (IMO, MEPC 84, April 27-May 1), the Clean Shipping Coalition welcomed progress made during this week’s intersessional meeting and called on member states to “hold the line against those looking to once again disrupt and delay” on the IMO’s Net-Zero Framework …

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