Chevron to partner with HelleniQ Energy on Block 10 in Greece
HelleniQ Energy has signed an agreement with Chevron enabling the US-based company to acquire a 70% interest in the Block …
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Middle East to drive global PVC capacity growth through 2030
The Middle East is a major contributor to global polyvinyl chloride (PVC) capacity additions by 2030, driven primarily by cost-competitive …
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MOL Group, Repsol, TPAO sign agreement for Libyan offshore exploration
Hungarian oil and gas company MOL Group has entered into a production sharing agreement with Repsol and Türkiye Petrolleri A. …
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Q&A: CB&I engineering VP on “powerful opportunity” of Petrofac Asset Solutions acquisition
On 9 April 2026, engineering, procurement and construction (EPC) company CB&I completed the acquisition of Petrofac’s Asset Solutions business. It …
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Comstock sells 27% stake in Pinnacle Gas Services to Sixth Street
Comstock Resources has divested a 27% non-controlling common equity interest in its midstream subsidiary Pinnacle Gas Services to funds managed …
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MOL Group, Repsol, TPAO sign agreement for Libyan offshore exploration
Hungarian oil and gas company MOL Group has entered into a production sharing agreement with Repsol and Türkiye Petrolleri A. …
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Q&A: CB&I engineering VP on “powerful opportunity” of Petrofac Asset Solutions acquisition
On 9 April 2026, engineering, procurement and construction (EPC) company CB&I completed the acquisition of Petrofac’s Asset Solutions business. It …
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Comstock sells 27% stake in Pinnacle Gas Services to Sixth Street
Comstock Resources has divested a 27% non-controlling common equity interest in its midstream subsidiary Pinnacle Gas Services to funds managed …
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BW Opal FPSO completes interim performance test for Barossa LNG
BW Offshore has announced that the BW Opal floating production storage and offloading (FPSO) unit has completed the interim performance …
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Equinor advances Johan Sverdrup phase four after new oil discoveries
Equinor and its partners are proceeding with plans for a fourth development phase at the Johan Sverdrup field following new …
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JERA takes delivery of inaugural Barossa LNG cargo at Futtsu terminal
JERA has taken delivery of its first cargo of liquefied natural gas (LNG) from the Barossa Gas Project, operated by …
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ExxonMobil weighs early stage bid for Woodside Energy Group
ExxonMobil is assessing possible acquisition targets that include Australia-based Woodside Energy Group, according to a report from Bloomberg News, citing …
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Brent crude falls after US and Iran agree on Strait of Hormuz deal
Oil prices fell significantly on Monday 15 June as US and Iranian officials announced they had reached a preliminary agreement …
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ABB to upgrade automation systems at Buzzard North Sea platform
ABB has secured a contract to upgrade the automation and control systems on the Buzzard offshore platform, located approximately 100km …
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Oil prices drop by 2% as Trump calls off Iran strike plan
Oil prices declined by more than 2% on Friday 12 June, continuing their downward trend from the prior session after …
