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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 …
McDermott secures contract for Shell’s gas field offshore Trinidad and Tobago
McDermott has received a limited notice to proceed with the development of Shell’s Manatee gas field development project offshore Trinidad …
Commonwealth LNG signs MOU with OnStream CO2 on CCS project
Commonwealth LNG and OnStream CO2 have signed a memorandum of understanding (MOU) to develop a carbon capture and storage (CCS) …
Toxic gas from flaring in the Middle East endangers millions
Toxic pollutants released from gas flaring are putting millions more people living across the Middle East in danger than analysis …
What the EU’s new methane emissions limit will mean for business
Oil and gas companies warn that new limits on methane emissions agreed by EU lawmakers two weeks ago may be …
Suncor’s Terra Nova FPSO restarts production offshore Canada
Suncor Energy has restarted production from the Terra Nova floating, production, storage and offloading (FPSO) vessel offshore Canada. The production restart …
Petrobras terminates Brazilian refinery sale to Grepar Participações
Brazilian state-run oil company Petróleo Brasileiro (Petrobras) has terminated a contract for the sale of its Lubrificantes e Derivados de …