Chevron and partners to proceed with Tamar field expansion project

Phase 1 of the project will increase the field’s natural gas production to nearly 1.6 billion cubic feet.

Russia’s Lukoil nears deal with Crossbridge for Italian refinery sale

A potential transaction between Lukoil and Crossbridge could be worth approximately $1.58bn.

Cameron LNG signs MoU with Entergy to advance renewable ESA

The MoU outlines a framework for the two firms to finalise and sign a 20-year renewable energy service agreement.

Western officials blame Turkey for delay in oil shipments

Tankers passing through Turkey now require insurance coverage evidence for accidents such as oil spills and collisions.

TotalEnergies unveils plans for carbon capture at Papua LNG project

The firm plans to pump the captured CO₂ in the gas reservoir at the Elk field, in Papua New Guinea, back into the ground.