Equinor seeks approval for BM-C-33 concession offshore Brazil
Equinor, on behalf of the BM-C-33 consortium, has submitted the Declarations of Commerciality and Plans of Development for two fields …
Sempra’s Port Arthur LNG Phase 2 project gets FERC permit
Sempra’s subsidiary Sempra Infrastructure has secured regulatory approval for the Phase 2 expansion of the Port Arthur LNG project in …
McDermott secures subsea contract from Brazil’s PRIO
US-based engineering and construction company McDermott has secured a contract from Brazilian oil and gas company PRIO, formerly known as …
UK oil and gas explorer Waldorf weighs sale of business
Waldorf Production, a UK-based oil and gas exploration company, is weighing the sale of its operations, reported Bloomberg, citing sources. The company, …
bp, Shell consortium to explore three blocks offshore Trinidad
A consortium of bp and Shell has signed an agreement with Trinidad and Tobago to explore three deepwater blocks – …
The US to drive renewable refinery production capacity additions by 2027
Global renewable refinery production capacity is expected to more than double during 2023–2027, potentially increasing from 7,812 million gallons per …
UN General Assembly: US Treasury sets out new “principles” to boost green investment
US Treasury Secretary Janet Yellen has announced a series of nine new financing “principles” to boost investment in green technologies …
bp and Pertamina team up to produce blue ammonia and increase LNG supply
bp and Pertamina subsidiaries have signed a memorandum of understanding (MoU) to explore additional gas supply and production of blue …
Repsol launches arbitration case against Venture Global LNG
Spanish energy company Repsol has initiated arbitration proceedings against Venture Global LNG over non-fulfilment of liquefied natural gas (LNG) contracts, …
KUFPEC unit signs deal to buy stake in Shell’s block offshore Egypt
Kuwait Foreign Petroleum Exploration Company (KUFPEC) unit KUFPEC (Egypt) has reached an agreement to buy a 40% stake in oil and gas …
Indonesia offers three blocks for oil and gas exploration
Indonesia’s Ministry of Energy and Mineral Resources has offered three blocks for oil and gas exploration as part of the country’s third …
Oil and gas driller ADES draws orders worth $76bn for $1.2bn IPO
Oil and gas drilling company ADES has received orders worth SR286.9bn ($76.5bn) for its $1.2bn initial public offering (IPO), reported Bloomberg. The …
Asia continues to lead global refinery projects outlook by 2027
A total of 442 upcoming crude oil refinery projects are expected to start operations globally from 2023 to 2027. Of …
UK net zero: Ford warns against UK Government U-turn on combustion engine ban
Car maker Ford has warned UK Prime Minister Rishi Sunak that pushing back a ban on combustion engine cars from …
Carbonvert, Castex advance development of CO₂ storage hub offshore Louisiana
Carbonvert and its joint venture (JV) partner Castex Energy, through its wholly owned subsidiary Castex Carbon Solutions, have signed operating …