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Mexico Pacific awards gas pipeline contract to GDI Sicim, Bonatti JV
Energy company Mexico Pacific has awarded a contract to a JV of GDI Sicim Pipelines and Bonatti for the construction …
Sri Lanka selects China’s Sinopec for $4.5bn refinery project
Sri Lanka’s Government has approved China Petroleum & Chemical Corporation’s (Sinopec) proposal to build a $4.5bn (32bn yuan) refining facility, …
UAE plans to use COP28 host status to broker oil deals
The United Arab Emirates (UAE) has plans to use its role as the host of annual UN climate summit COP28 …
Killing for oil – the necessity of representation in climate action
What lessons for true and just climate action can be learned from the maltreatment of the Osage nation, as depicted …
COP28 climate summit: Canada to announce new methane strategy
Canadian government is set to announce new rules and funding around methane, reported The Globe and Mail. The new rules will be …
Leading with an invisible hand: what role will private finance play at COP28?
As global leaders spend the next two weeks hammering out decisions relating to the future of our planet at COP28 …
NEO Energy awards Greater Buchan Area work to Apollo
UK-based oil and gas company NEO Energy has awarded a front-end engineering design (FEED) study contract to energy services provider Apollo. The FEED …
Uniper faces $602m fine for LNG supply deal pricing
German Government-owned utility Uniper has been ordered to pay a €550m ($602m) arbitration fine to a Europe-based LNG supplier. In accordance with International …
BP exits gas field offshore Senegal following disagreement
bp has exited the Yakaar-Teranga natural gas field offshore Senegal after a disagreement with the local government, reported Bloomberg. Senegalese Minister of …
Indonesia starts work on country’s first carbon capture project
Indonesia has started the construction of the country’s first carbon capture, utilisation and storage (CCUS) project, reported Reuters. Operated by UK oil …
Greek shipping companies exit Russian oil trade amid US sanctions
Three major Greek shipping companies have now completely ceased transporting Russian oil in a bid to avoid US sanctions that …
Oil and gas industry capital expenditure 2024 outlook promising, says GlobalData poll
The capital expenditure outlook for the oil and gas industry depends on global economic dynamics, geopolitical situations and company cash …
Serica Energy to acquire 30% stake in Greater Buchan Area asset from Jersey Oil & Gas
Serica Energy subsidiary Serica Energy (UK) has reached an agreement to acquire a 30% non-operated stake in the Greater Buchan Area (GBA) …
Brazil’s Petrobras to invest over $100bn in next five years
Brazil’s state-owned oil and gas company Petrobras plans to invest $102bn (500.15bn reais) over the next five years as part …
ADNOC weighs acquisition of European energy company Wintershall Dea
Abu Dhabi National Oil Company (ADNOC) is considering acquiring European energy company Wintershall Dea, reported Bloomberg, citing sources. The Middle East oil …