ADNOC L&S buys 11 vessels in $1.3bn fleet expansion
ADNOC Logistics & Services (ADNOC L&S) has acquired five very large gas carriers (VLGCs) and six very large crude carriers…
All articles by BV Swagath
BV Swagath
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Phillips 66 net profit rises 339% to $3.8bn in Q2 2026
Phillips 66 has reported net earnings of $3.8bn for the second quarter of 2026 (Q2 2026), an increase of 339%…
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ECOnnect Energy to supply FLNG terminal for Bahamas project
ECOnnect Energy, a Norway-based marine energy infrastructure solutions provider, has agreed to supply a floating liquefied natural gas (FLNG) import…
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Gran Tierra to sell Colombia and Ecuador oil assets to Maurel & Prom
Gran Tierra Energy has agreed to sell its oil and gas operations in Colombia and Ecuador to Établissements Maurel &…
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BP launches potential sale process for North Sea portfolio
BP has announced the start of a process to market its North Sea business for a potential sale as part…
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India launches $8.8bn Samudra Manthan offshore oil and gas scheme
The Indian Union Cabinet has approved the National Offshore Exploration Scheme, known as Samudra Manthan, with a total allocated budget…
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Shell to sell BG Cyprus and Aphrodite gas stake to MOL Group
Shell has agreed to sell its wholly owned subsidiary BG Cyprus to MOL Group for up to $720m (£534.86m), subject…
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Oil prices climb 2% as Middle East hostilities escalate
Oil prices increased by approximately 2% on Wednesday 15 July as rising hostilities between the US and Iran heightened concerns…
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Sunda Energy applies for offshore Taranaki Basin exploration permit
UK-listed Sunda Energy has submitted an application for a petroleum exploration permit (PEP) covering approximately 645km² in the offshore region…
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LNG Canada offers equity option to First Nations for phase two tank
LNG Canada and its joint venture (JV) participants have agreed an equity option with MNT Investments that could allow a…