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Canadian regulator approves new route for Trans Mountain expansion project
The Canada Energy Regulator (CER) has approved the request for route deviation of the multi-billion-dollar Trans Mountain oil pipeline expansion project. The CER’s …
Unimot in talks to buy Shell’s stake in Schwedt oil refinery
Polish company Unimot is in talks to buy Shell’s 37.5% stake in German oil refinery Schwedt, as reported by Reuters. Rosneft, a …
BP and Subsea Integration Alliance team up to enhance subsea project performance
Oil and gas major bp and Subsea Integration Alliance have formed a partnership to enhance the performance of subsea projects. The Alliance comprises …
Samos Energy eyes $1bn E&P investments across Africa and South America
Samos Energy plans to invest $1bn in exploration and production (E&P) assets across Africa and South America, as reported by Bloomberg. Co-founded …
ADNOC and Abu Dhabi’s TAQA secure £2.2bn financing for sustainable water project
Abu Dhabi energy giant ADNOC and Abu Dhabi National Energy Company (TAQA) on Monday announced the closing of a $2.2bn …
UK turns to Egypt for renewable energy imports
The UK is planning to import electricity from solar farms and wind turbines in Egypt, according to an article published …
Galp and Mitsui to invest $638m in biofuels and green hydrogen
Portuguese energy company Galp on Monday confirmed plans to enter into a joint venture (JV) with Japan-based trading company Mitsui …
Russia is able to mitigate the impact of the $60 per barrel price cap
On 5 December 2022 the G7 countries, the European Union (EU) and Australia imposed a $60 per barrel price cap …
Worley secures CO₂ sequestration contract from QatarEnergy LNG
Australian engineering firm Worley has been selected by QatarEnergy LNG to provide front-end engineering design (FEED) services for the CO₂ …
Russian oil exports surge 50% despite sanctions
Russian crude oil exports increased 50% in the spring despite sanctions placed on them by western nations since the beginning …
TotalEnergies weighs sale of UK North Sea gas assets
French oil and gas major TotalEnergies is considering selling its remaining stake in the UK's North Sea natural gas fields, …
HitecVision sells 6.3% stake in Vår Energi for $423m
HitecVision, a Norwegian investment company focused on the energy industry, has sold a 6.3% stake in oil and gas company Vår Energi …
ONEOK to acquire Magellan Midstream Partners for $18.8bn
Magellan Midstream Partners’ unit-holders voted in favour of its sale to larger rival ONEOK for $18.8bn, establishing one of the …
Shell signs gas supply deal with Trinidad’s NGC
Shell has signed an agreement with Trinidad and Tobago's National Gas Company (NGC) to supply gas to the latter from …
ONGC signs crude oil supply deal with HPCL
India’s Oil and Natural Gas Corporation (ONGC) has reached an agreement with Hindustan Petroleum Corporation Ltd (HPCL) to sell crude …