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Gail India files $1.82bn arbitration claim against former unit of Gazprom
State-owned Gail India has filed a lawsuit against a former unit of Russian energy giant Gazprom, seeking $1.82bn in damages …
TotalEnergies to sell stake in South African refinery to Prax
TotalEnergies has agreed to offload a minority stake in National Petroleum Refiners of South Africa (Natref) to energy company Prax …
Indonesia approves Inpex’s Abadi Masela gas project
Indonesia has reportedly approved a revised development plan for the Abadi gas project in the Masela Block, reported Reuters citing …
Chesapeake Utilities acquires Florida City Gas
Chesapeake Utilities has expanded its customer base and natural gas infrastructure in Florida, US, with the completion of the acquisition …
Oil prices recover after underwhelming OPEC+ cuts
Global oil prices recovered somewhat on Friday after delayed OPEC+ talks resulted in underwhelming voluntary cuts by producers. Brent crude futures, …
COP28 president calls on oil and gas companies to do more
This year’s COP28 president Sultan Ahmed Al-Jaber has called on global oil and gas companies to do more to achieve climate goals. During …
Williams completes $1.27bn DJ Basin acquisitions
US natural gas company Williams has completed two acquisitions, bolstering its position in the Denver-Julesburg (DJ) Basin. With a combined value of …
OKEA postpones Statfjord Area acquisition from Equinor
Norwegian oil and gas company OKEA has postponed the acquisition of a 28% working interest in PL037 (Statfjord Area) from Equinor. The deal, …
Ithaca acquires remaining stake in Cambo field offshore UK from Shell
Ithaca Energy has closed the acquisition of the remaining 30% stake in the Cambo oil and gas field in the …
SilverBow acquires Chesapeake’s Eagle Ford assets in US
SilverBow Resources has acquired oil and gas assets in South Texas, US, from Chesapeake Energy in a deal worth $700m. As …
COP28 presidency hails “historic” victory as nations agree Loss and Damage Fund on day one
COP28 President Sultan Al Jaber has hailed a “historic” victory as world leaders agreed to a Loss and Damage Fund …
COP28 opens in Dubai as global temperature set for new record
DUBAI - The latest annual UN climate conference, COP28, opened in Dubai on Thursday 30 November with at least 70,000 …
Saipem secures $1.9bn contracts offshore Guyana and Brazil
Italian oil and gas services provider Saipem has secured two offshore contracts, one in Guyana and the other in Brazil, worth …
Eni signs agreement with Open EP on emergency gas transit
Eni has signed an agreement with Swiss company Open Energy Platform (Open EP) to regulate gas supply to Switzerland and …
ADX Energy set to drill Welchau gas prospect in Austria
ADX Energy has secured environmental clearance to drill the Welchau Gas Prospect in the ADX-AT-II licence in upper Austria. The approval …