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Four bidders compete for Exxon’s stake in Italian LNG terminal
Four firms have been shortlisted to acquire stake in Adriatic LNG regasification terminal offshore Italy from US oil major Exxon …
Nigeria’s NNPC signs deals to renew OML 130 block
Nigeria's state-owned oil company Nigerian National Petroleum Company (NNPC) has renewed agreements pertaining to the Oil Mining Lease 130 (OML …
Who’s acquiring who? Lng M&A activity in the oil & gas industry increased by 43% in Q1 2023
Analysis of the key themes driving M&A activity reveals that lng accounted for 10 oil & gas deals announced in …
Who’s acquiring who? Shale M&A activity in the oil & gas industry decreased by 42% in Q1 2023
Analysis of the key themes driving M&A activity reveals that shale accounted for 21 oil & gas deals announced in …
China’s installed solar and wind power capacity hits 31%, exceeding 800GW
China’s installed capacity of wind and solar power reached 820GW at the end of April, accounting for 31% of the …
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Air Products signs $1bn deal for gas processing facility in Uzbekistan
Air Products, a US-based industrial gases company, has signed a $1bn (UZS11.4bn) deal to purchase, own and operate a natural gas to …
Talos Energy to offload 49.9% stake in Mexican unit to Grupo Carso subsidiary
Talos Energy has agreed to divest a 49.9% minority stake in its Mexican unit to Zamajal, a wholly owned subsidiary …
India’s Essar selects Sensia to digitise oil and gas fields
Essar Oil and Gas Exploration and Production (EOGEPL) has selected Sensia to digitise its oil and gas fields. Under the agreement, EOGEPL …
CorEnergy Infrastructure to sell MoGas System to Spire in $175m deal
CorEnergy Infrastructure Trust has agreed to divest its MoGas and Omega pipeline systems (MoGas System) to natural gas utility company …
Neptune Energy begins production from Adorf Z17 gas well in Germany
UK-based Neptune Energy has commenced production from its Adorf Z17 gas well in the municipality of Georgsdorf, north-western Germany. The well …
Report: TotalEnergies uses record profits to fuel oil and gas expansion
French oil giant TotalEnergies used its record 2022 profits to “double down” on fossil fuel investments, a report released on …
Chevron starts sale process of oil assets in Congo
US energy giant Chevron has commenced the sale process for its oil assets in the Democratic Republic of the Congo, reported …
Aker BP finds oil in Norwegian North Sea
Aker BP, an oil exploration and development company, has made a “significant” oil discovery in the Norwegian North Sea. The Norway-based company said …
Stork secures five-year asset integrity contract from Harbour Energy
Stork, a Fluor company, has secured a five-year asset integrity contract from UK-based oil and gas producer Harbour Energy. The financial …
TotalEnergies invests in Ductor to facilitate biomethane production
French energy major TotalEnergies has acquired a 20% stake in Ductor, a Finnish start-up operating in the field of biomethane production. Ductor has …