Oil futures fall amid reports of potential US-Iran ceasefire extension
Oil prices declined by approximately 2% on 29 May as reports emerged that the US and Iran may have reached…
All articles by Salong Debbarma
Salong Debbarma
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Afentra to operate KON4 block in Angola’s Kwanza basin
Afentra has been awarded a 35% operated interest in the KON4 block, located in onshore Angola, following formal approval of…
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Oil prices climb 3% amid US strikes deepening Iran war uncertainty
Brent crude oil prices increased by over 3% on 26 May after US military strikes in Iran intensified uncertainty over…
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Oil prices jump as investors await US-Iran peace talks progress
Oil prices rose on 22 May amid investor uncertainty surrounding progress in peace negotiations between the US and Iran, although…
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US oil and gas lease sale in New Mexico and Texas raises more than $4bn
The US Department of the Interior (DoI) has reported receipts exceeding $4bn from an oil and gas lease sale held by…
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BW Energy approves investments in Bourdon and Golfinho projects
BW Energy has taken a final investment decision (FID) for the Bourdon development in the Dussafu licence offshore Gabon and a…
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OMV’s Wittau gas field starts up, targets 11TWh in phase one
OMV has begun gas production from the Wittau field in Austria, less than three years after announcing it as the country’s…
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UAE fast-tracks oil pipeline to boost exports outside Hormuz strait
The United Arab Emirates (UAE) plans to speed up construction of a new oil pipeline to double its export capacity…
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Caturus makes FID on $13bn Commonwealth LNG project in Louisiana
Caturus has reached a final investment decision (FID) on its $13bn Commonwealth liquefied natural gas (LNG) project in Cameron Parish,…
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ENEOS to buy certain Chevron downstream assets in APAC for $2.2bn
Japan-based ENEOS has signed a deal worth $2.17bn (Y336bn) to acquire certain downstream fuel and lubricants businesses in Asia-Pacific (APAC)…