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Oil & Gas Supply
BP Looks Forward to Growth in US Under Trump
BP Plc anticipates strong growth in the US as President-Elect Donald Trump improves regulations on the oil and gas industry just as artificial intelligence boos…
Energy Investment
$111 Billion Investment on Petrobras’ Five-Year Agenda
Brazil’s state-owned oil and gas giant Petrobras has unveiled its new business plan for the 2025-2029 period (BP 2025-29) and strategic plan 2050 (SP 2050…
Crude Oil
TechnipFMC Bags $1b Contract For Totalenergies' Suriname Project
TechnipFMC plc has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract from TotalEnergies for its GranMorgu project …
Crude Oil
Ovintiv to Acquire Alberta Montney Assets for $2.4B
Ovintiv Inc. is acquiring Montney assets in Alberta from Paramount Resources Ltd. in an all-cash transaction valued at approximately $2.377 billion (CAD 3.325 b…
Oil & Gas Supply
Global OTEC Launches New Power Module For Sustainable Offshore Oil And Gas
Global OTEC has announced its latest advancement in sustainable power for offshore energy exploration and production at the first Brazilian Workshop on Geotherm…
Offshore Wind Power
UK Unveils ‘Shop Local’ Offshore Wind Bonus
Image: Simon Dawson/No 10 Downing StreeOffshore wind developers will be incentivised to invest in the UK’s industrial heartlands, coastal areas and oil an…
Oil&Gas Drilling
Bourbon Logistics Wins Contract With Oil And Gas Major Operator In Namibia
Bourbon announced that it has been awarded a new fully integrated logistics contract by an oil & gas major operator to support its exploration campaign and the …
Oil & Gas Technology
CRC Evans Wins Welding Services Contract From COOEC
CRC Evans says that it has signed a contract with Offshore Oil Engineering Co., Ltd. (COOEC) to deliver welding services for the Ruya Batch 1 Project, part of t…
Hydrogen Project
Air Products and Qair to Drive Hydrogen Hub Development at Le Havre
The French government has provided funding to develop hydrogen production and import facilities at the port of Le Havre, reportedly representing around €1.…
Crude Oil
Oil & Gas Decarbonization Charter Publishes Baseline Report To Track Progress On Emissions Reductions
The Oil & Gas Decarbonization Charter (OGDC) has published its Baseline Report, setting a foundation to help prioritize and track progress on emissions reductio…
Oil&Gas Drilling
Nostra Terra Gives Update On Its Texas Oil And Gas Production, Operations
Company oil production is currently averaging 120 bopd net, up significantly due to the contribution from the first phase of the planned workover program at Pin…
Climate Policy
EPA Finalizes Rule to Reduce Methane Emissions From Oil and Gas Sector; Waste Emissions Charge
The US Environmental Protection Agency (EPA) announced a final rule to reduce methane emissions from the oil and gas sector. The rule facilitates implementation…
Oil & Gas Trade
QatarEnergy to Acquire 23 Percent Stake in Block Offshore Egypt
Chevron Corp. has agreed to sell a 23 percent interest in the North El-Dabaa (H4) Block on the Egyptian side of the Mediterranean Sea to QatarEnergy.This agreem…
LNG
Angola Plans More Multi-year Oil And Gas Licensing Rounds To Boost Production
Angola plans to repeat its multi-year licensing round for oil and gas acreage starting in 2026, reportedReuters, citing a senior government energy official.This…
Oil & Gas Trade
Petrobras Posts $7.6% Increase In Net Income In Q3 2024
Brazilian national oil and gas company Petrobras has reported a 7.6% increase in net income for Q3 2024, reaching $5.87bn (33.85bn reais) from $5.54bn in the sa…
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