Oil prices drop by 2% as US considers easing Russian tanker sanctions
Oil prices declined by around 2% on Thursday 15 October following reports that the US is considering measures to relax …
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JERA acquires JOGMEC’s shares in Wheatstone LNG project vehicle
Japanese energy company JERA has completed the purchase of all shares held by the Japan Organisation for Metals and Energy …
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Monumental Energy joins consortium to drill Maata prospect in Taranaki, NZ
Canada-listed explorer Monumental Energy has announced plans to take an ownership interest in the Maata oilfield through a consortium of …
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The 2026 gas shock delays the LNG glut, but export routes will decide how long it lasts
The gas market entered 2026 braced for a glut and got a transit shock instead. The de-facto closure of the …
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Equinor, partners strike oil and gas near Oseberg field in North Sea
Equinor and partners Petoro and TotalEnergies have made an oil and gas discovery near the Oseberg field in the North …
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Equinor, partners strike oil and gas near Oseberg field in North Sea
Equinor and partners Petoro and TotalEnergies have made an oil and gas discovery near the Oseberg field in the North …
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TC Energy closes First Nations investment deal for CGL pipeline
TC Energy has announced the closing of an investment agreement that grants five indigenous communities an economic interest in the …
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ENGIE and CMA CGM to develop biomethane plant in Le Havre, France
ENGIE and shipping and logistics group CMA CGM have agreed a framework deal to jointly develop a large-scale biomethane production …
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Shell agrees to divest Nigeria gas distribution arm to Vaaris Energy
Shell, via its subsidiary Shell Petroleum, has reached an agreement to divest its entire interest in the Shell Nigeria Gas …
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Asia to dominate global polyethylene capacity growth through 2030
Asia is poised to dominate the global polyethylene capacity additions by 2030 to satisfy surging domestic demand across packaging, automotive, …
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BW Energy lands $208m Gabon platform lease and extends RCF
BW Energy has secured $208m in project-level lease financing for the Akoum wellhead platform (WHP) planned for the Bourdon field …
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Technip Energies wins EPC contract for HPCL Mumbai refinery upgrade
Technip Energies has secured an engineering, procurement and construction (EPC) contract from the Hindustan Petroleum Corporation (HPCL) for a refinery …
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Murphy Oil confirms oil pay in Côte d’Ivoire and Vietnam wells
US-based energy company Murphy Oil has disclosed a series of operational advances spanning offshore Côte d'Ivoire, Vietnam and the US …
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Seadrill secures deepwater rig awards across four markets
Offshore drilling contractor Seadrill has secured a series of contract awards and extensions for its deepwater fleet in Indonesia, Malaysia, …
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Eni to sell Indonesian upstream stakes to Pertamina and Medco
Eni has finalised two binding deals to offload minority stakes in upstream Indonesian acreage to Pertamina and Medco. Both transactions involve …
