TechnipFMC’s order backlog increases to record $15.8bn
TechnipFMC saw its order backlog increase by 17.2% to $15.82bn in the first quarter of 2025 (Q1 2025), compared with …
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Orlen, Naftogaz sign agreement to supply more natural gas to Ukraine
Polish energy company Orlen and Naftogaz of Ukraine have signed a new agreement to supply an additional 100 million cubic …
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Guyana Q1 oil production sees 3% YoY increase
Guyana has reported a 3% increase in oil production in March, reaching an average of 631,000 barrels per day (bpd) …
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Eni makes new oil discovery in Namibia’s Orange basin
Eni has confirmed an oil discovery at the Capricornus 1-X well in the Orange basin offshore Namibia. The drilling took place …
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Valero Energy to shut down Benicia and Wilmington refineries in California
Valero Energy has announced the impending closure of its Benicia and Wilmington refineries in California as the company faces a …
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Shell withdraws from southern Caribbean gas projects, Ecopetrol explores continuity options
Colombian state-controlled oil company Ecopetrol has initiated a joint plan to ensure the continuity of its gas projects in the …
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US DOI updates policy to boost offshore oil production
The US Department of the Interior (DOI) has announced a policy update that could significantly increase offshore oil production in …
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Saudi Arabia and India agree to establish two oil refineries
India and Saudi Arabia have agreed to deepen their energy partnership by reaching an accord to set up two oil …
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EnQuest forays into Indonesia with new PSC blocks in Papua Barat
EnQuest and its joint venture (JV) partners have won two production sharing contract (PSC) blocks in Papua Barat, Indonesia. The company …
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Woodside evaluates tariffs impact on Louisiana LNG project
Woodside Energy is evaluating the impact of US tariffs on its Louisiana liquefied natural gas (LNG) project, which is expected …
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BP and Kosmos Energy’s GTA project successfully exports first LNG cargo
The Greater Tortue Ahmeyim (GTA) Phase 1 project, a joint venture between bp and Kosmos Energy, has safely exported its …
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HYCO1 and Malaysia LNG collaborate on major CCU project in Bintulu
HYCO1 has signed a memorandum of understanding (MOU) with Malaysia LNG for a pioneering carbon capture and utilisation (CCU) project …
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Mexico’s Olmeca refinery exports first ULSD cargo
Mexico's new Olmeca refinery in Dos Bocas has successfully exported its first cargo of ultra-low sulphur diesel (ULSD), reported Reuters, …
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UK, Eni set to approve carbon capture pipeline linking Liverpool and Manchester
The UK Government and Italian energy company Eni are poised to green-light a 38-mile (61.1km) carbon capture pipeline designed to …
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TD Securities and Evercore top financial advisers for O&G M&A in Q1 2025
TD Securities and Evercore have emerged as the top mergers and acquisitions (M&A) financial advisers in the oil and gas …
