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Saudi Arabia announces further output cuts in a bid to secure oil prices 

Saudi Arabia plans to cut oil production by an additional one million barrels per day (bpd) for the month of …

New Fortress Energy’s LNG project gets Mexico export permit

US energy company New Fortress Energy (NFE) has secured export permit authorisation from Mexico’s Ministry of Energy (SENER) for its …

Black Bear Transmission sells natural gas gathering assets to Skye MS

US-based Black Bear Transmission has divested natural gas gathering assets in the US to Mississippi-based Skye MS. Under the deal, Skye …

Suncor Energy plans to cut 1,500 jobs by end of 2023

Canadian oil producer Suncor Energy is planning to axe 1,500 jobs by the end of this year to cut costs …

Aker Solutions renews subsea supply agreement with Aker BP

Norwegian engineering company Aker Solutions has agreed to extend a frame agreement with Aker BP pertaining to subsea production systems. The …