DNO swaps Norwegian shelf assets with Equinor to boost production
Norwegian oil and gas operator DNO has agreed a non-cash asset swap with Equinor Energy involving several oil and gas …
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JERA, KOGAS partner to strengthen LNG operations and energy security
Japanese power generation company JERA and Korea Gas (KOGAS) have signed a memorandum of understanding (MoU) to enhance collaboration in …
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Oil prices rise amid Middle East security concerns
Oil prices increased on 16 March in light of concerns regarding the security of oil facilities in the Middle East. This …
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TotalEnergies reduces output by 15% amidst Middle East conflict
TotalEnergies has announced the halt or impending shutdown of its production activities in Qatar, Iraq, and offshore operations in the …
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Venture Global secures $8.6bn in financing for CP2 LNG phase two
Venture Global has secured a final investment decision (FID) and $8.6bn in project financing for the second phase of its …
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Worley secures contract from Chevron for Aphrodite gas field FEED
Worley has secured a contract from Chevron Cyprus to deliver front end engineering design (FEED) and procurement services for the …
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TotalEnergies restarts production at Mabruk oilfield in Libya
TotalEnergies has restarted production at the Mabruk onshore oilfield in Libya following the completion and commissioning of a new production …
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Navigating lubricant selection (and how to maintain your chosen product)
In the wind sector, equipment operates under dramatic temperature shifts, fluctuating loads and long service intervals, and lubricant behaviour can …
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Venezuela signs strategic gas agreements with Repsol
Venezuela has formalised “strategic agreements” with Spanish energy company Repsol to boost gas production, according to a statement released by …
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Oil prices climb despite US waiver on Russian oil purchases
Oil prices are expected to post weekly gains on Friday, even with the recent US decision permitting temporary purchases of …
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Petronas strikes hydrocarbons at Barokah-1 well in Indonesia
Petronas has announced its first hydrocarbon discovery at the Barokah-1 exploration well in the North Ketapang production sharing contract (PSC) …
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Asia to spearhead global CDU capacity additions by 2030
Asia is likely to witness the highest crude distillation unit (CDU) capacity additions globally, representing about 40% of the total …
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Energean to acquire Chevron’s stakes in offshore Angola blocks
Energean has signed a $260m (£194.19m) deal to acquire Chevron’s 31% operated stake in Block 14 and 15.5% non-operated stake …
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TotalEnergies begins production at Lapa South-West project
TotalEnergies has announced the start of production at the Lapa South-West project in the Santos Basin, situated nearly 300km offshore …
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IEA nations to release 400mbbl of oil amid Middle East crisis
The International Energy Agency (IEA) has announced that its 32 member countries, including the US, will release a collective total …
