Who’s acquiring who? Lng M&A activity in the oil & gas industry increased by 43% in Q1 2023
Analysis of the key themes driving M&A activity reveals that lng accounted for 10 oil & gas deals announced in …
Who’s acquiring who? Shale M&A activity in the oil & gas industry decreased by 42% in Q1 2023
Analysis of the key themes driving M&A activity reveals that shale accounted for 21 oil & gas deals announced in …
China’s installed solar and wind power capacity hits 31%, exceeding 800GW
China’s installed capacity of wind and solar power reached 820GW at the end of April, accounting for 31% of the …
TechnipFMC secures contract for Dover oil field development
TechnipFMC has received a contract from Shell for its Dover offshore oil field development located within the Mississippi Canyon in …
Air Products signs $1bn deal for gas processing facility in Uzbekistan
Air Products, a US-based industrial gases company, has signed a $1bn (UZS11.4bn) deal to purchase, own and operate a natural gas to …
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India’s Essar selects Sensia to digitise oil and gas fields
Essar Oil and Gas Exploration and Production (EOGEPL) has selected Sensia to digitise its oil and gas fields. Under the agreement, EOGEPL …
CorEnergy Infrastructure to sell MoGas System to Spire in $175m deal
CorEnergy Infrastructure Trust has agreed to divest its MoGas and Omega pipeline systems (MoGas System) to natural gas utility company …
Neptune Energy begins production from Adorf Z17 gas well in Germany
UK-based Neptune Energy has commenced production from its Adorf Z17 gas well in the municipality of Georgsdorf, north-western Germany. The well …
Report: TotalEnergies uses record profits to fuel oil and gas expansion
French oil giant TotalEnergies used its record 2022 profits to “double down” on fossil fuel investments, a report released on …
Chevron starts sale process of oil assets in Congo
US energy giant Chevron has commenced the sale process for its oil assets in the Democratic Republic of the Congo, reported …
Aker BP finds oil in Norwegian North Sea
Aker BP, an oil exploration and development company, has made a “significant” oil discovery in the Norwegian North Sea. The Norway-based company said …
Stork secures five-year asset integrity contract from Harbour Energy
Stork, a Fluor company, has secured a five-year asset integrity contract from UK-based oil and gas producer Harbour Energy. The financial …
TotalEnergies invests in Ductor to facilitate biomethane production
French energy major TotalEnergies has acquired a 20% stake in Ductor, a Finnish start-up operating in the field of biomethane production. Ductor has …
Petrobras to appeal Ibama decision to prohibit drilling at Amazon mouth
Petrobras has has decided to appeal the decision by environmental agency Ibama to block it from drilling a well in …
Adnoc Drilling to buy six new-build hybrid power land rigs for $75m
Adnoc Drilling Company, a unit of Adnoc Group, has signed an agreement to purchase six newbuild hybrid power land rigs …