Norwegian oil and gas company Equinor has made a minor oil and gas discovery near its operated Johan Castberg field in the Barents Sea offshore Norway and will consider tying the discovery into this field. This comes only weeks after another oil discovery was made in the area.

Europe’s plan to double down on renewable fuels in response to rising fuel costs could have the unintended short-term effect of increasing prices and slow down the energy transition, Chevron Corp Chief Executive Michael Wirth said on Tuesday.

Sweden is banning the extraction of coal, oil and natural gas and tightening rules on the extraction from alum shale. The ban is entering into force on 1 July this year.

As decarbonisation initiatives make inroads in the energy sector, the U.S.-based energy giant, Chevron, has joined forces with JSC National Company (NC) KazMunayGas (KMG), a firm representing Kazakhstan’s interests in the national oil and gas industry, to collaborate on evaluating, investigating, and pursuing lower carbon opportunities in the country.

Offshore drilling contractor Transocean has secured a contract extension in Norway for the harsh environment semi-submersible Transocean Spitsbergen with the firm part of the backlog worth about $181 million.

PGNiG Upstream Norway, a Norwegian subsidiary of Poland’s oil and gas company PGNiG, has been granted consent for exploration drilling in the Norwegian Sea by Norway’s offshore petroleum safety regulator. The activities will be carried out using a rig managed by Odfjell Drilling.

Hezbollah is ready to take action “including force” against Israeli gas operations in disputed waters once the Lebanese government adopts a clearer policy, the heavily armed movement’s deputy leader told Reuters on Monday.

Norwegian oil and gas giant Equinor has found no traces of a hydrocarbon reservoir after drilling an exploration well in the North Sea offshore Norway, despite having the potential to be a “play opener.”

U.S. oilfield services provider McDermott has been awarded a Front-End Engineering Design (FEED) contract by North Oil Company (NOC) for the Ruya development, previously referred to as Al-Shaheen Phase 3-Batch 1, located offshore Qatar.

Dutch offshore contractor Heerema Marine Contractors is moving forward with plans to remove the Dunlin platform from the waters off the UK after 45 years, using the world’s largest crane vessel, Sleipnir.