Post
Shell, bp, Trinidad’s NGC set to sign Atlantic LNG restructuring deal
Trinidad's state-owned National Gas Company (NGC), Shell and bp are this week set to sign a restructuring agreement related to …
MODEC selects Seatrium to build FPSO topside modules in Brazil
BrasFELS Shipyard (BrasFELS), a member of Singapore-based Seatrium, has secured a topside modules fabrication contract for a floating production, storage …
COP28 president: “no science” behind demands for fossil fuel phase-out
UN climate summit COP28 president Sultan Ahmed Al Jaber has claimed that there is “no science” behind calls to phase …
Snam acquires FRSU I from BW LNG for $400m
Snam has acquired FSRU I Limited, which owns the FSRU BW Singapore, from BW LNG for a total consideration of …
Petrofac considers sale of non-core assets
Petrofac has announced that its board is weighing options for the business, including the sale of non-core assets. The company, which …
LNG demand to remain firm despite Ukraine conflict, according to a GlobalData poll
Liquified natural gas (LNG) deals with the transport of natural gas across continents via specially designed tankers or LNG carriers. …
Stopping fireside metal wastage in waste-to-energy and biomass boilers
Waste-to-energy (WtE), or energy derived from burning waste and biomass, is growing rapidly as countries seek to increase green power …
Russian oil and gas producers see 41% drop in revenue
In the first nine months of 2023, the revenues of Russia’s largest oil and gas producers dropped by 41% due …
Maha Energy to sell remaining stake in Omani Block 70
Swedish oil and gas company Maha Energy has announced plans to sell its 65% working interest in Oman’s Block 70 …
Gail India files $1.82bn arbitration claim against former unit of Gazprom
State-owned Gail India has filed a lawsuit against a former unit of Russian energy giant Gazprom, seeking $1.82bn in damages …
TotalEnergies to sell stake in South African refinery to Prax
TotalEnergies has agreed to offload a minority stake in National Petroleum Refiners of South Africa (Natref) to energy company Prax …
Indonesia approves Inpex’s Abadi Masela gas project
Indonesia has reportedly approved a revised development plan for the Abadi gas project in the Masela Block, reported Reuters citing …
Chesapeake Utilities acquires Florida City Gas
Chesapeake Utilities has expanded its customer base and natural gas infrastructure in Florida, US, with the completion of the acquisition …
COP28 Day 3: US, UAE and China lead methane announcement blitz
On Saturday, during the third day of COP28, global leaders unveiled a raft of new announcements targeting methane at a …
Petrostates to lose $8trn of fossil-fuel income by 2040
COP28 host the United Arab Emirates (UAE) is among 28 petrostates that risk losing over half their revenues from fossil …