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Britain’s Chancellor Rachel Reeves has raised the Energy Profits Levy on North Sea oil and gas producers to 38% in her first budget for the Labor government.
TotalEnergies and its partners in the Danish Underground Consortium (DUC) have proven further gas-condensate volumes in the Harald field in the Danish North Sea.
Petrobras says the first production well has been hooked up to the FPSO Marechal Duque de Caxias at the Mero field in the presalt Santos Basin offshore Brazil.
The European Investment Bank and Elia Transmission Belgium (ETB) have signed a green credit facility agreement for the planned first phase of the Princess Elisabeth Island project offshore Belgium.