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…
All articles by BV Swagath
BV Swagath
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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…
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Brent crude falls below $80 after Iran secures export waivers
International oil prices fell on Monday 22 June following the conclusion of talks between the US and Iran in Switzerland,…
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Adura submits new details to regulator for Jackdaw and Rosebank
Adura has provided further information to the UK Offshore Petroleum Regulator for Environment and Decommissioning (OPRED) regarding its Jackdaw and…
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Equinor and partners approve TWIN subsea project at Troll field
Equinor and its partners have agreed to invest just over Nkr4bn ($412m) in a new subsea development, known as the…
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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…