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Oil&Gas Drilling
26 Offshore Blocks up for Grabs in Trinidad and Tobago’s 2025 Deepwater Oil & Gas Bid Round
BP's Cassia platform offshore Trinidad and Tobago (for illustration purposes);With the need to ensure energy independence in mind, the government of Trinida…
Offshore Wind Power
Government Pledges Extra £200M for Offshore Wind in Oil and Gas Communities
A floating wind turbine, similar to those that will make up the Green Volt development.The UK government has announced an initiative to deliver up to £200…
Crude Oil
Oil Giant Chevron Plans to Lay off 20% of Workers in Cost-Cutting Push
Chevron employed 46,500 people globally at the end of 2023, meaning the cuts could affect as many as 9,000 employeesChevron plans to cut its global workforce by…
Crude Oil
Exxon Seeks Permit for Its Eighth Oil, Gas Project in Guyana as Output Rises
An Exxon gas station seen in Washington, U.S., November 26, 2024.A consortium led by Exxon Mobil (XOM.N), has requested environmental permits from Guyana for it…
Natural Gas
Validus Energy to Buy Natural Gas Producer 89 Energy III for $850 Million, Sources Say
Privately owned U.S. oil and gas producer Validus Energy has struck a deal to buy rival 89 Energy III for about $850 million, including debt, sources familiar w…
Oil Field
East Baghdad Oil Field Reserves Rise to 15 Billion Barrels
Workers adjusting valves in an oil facility in Iraq.The East Baghdad field, one of the most important oil fields in Iraq, recently had a massive find that incre…
Oil Refinery
Aramco’s Motiva Expands Texas Refinery to Become Largest in US
Motiva Enterprises has quietly expanded its Port Arthur, Texas, refinery to become the largest fuelmaking plant in the US.The refinery can now process as much a…
LNG
India Gas Demand to Surge by 2030, Doubling LNG Imports, Says IEA
A view of a cryogenic tank mounted on a Blue Energy 5528 liquefied natural gas (LNG) truck at the manufacturing facility in Pune, India October 11, 2024.India&#…
Natural Gas
Sapphire Technologies and Tulip Compression Partner to Advance Hydrogen and Natural Gas Energy Solutions in India
Sapphire Technologies and Tulip Compression partner to advance clean energy and efficiency in India.Sapphire Technologies, a leader in energy recovery systems f…
Crude Oil
China National Petroleum Resumes Crude Production in South Sudan
Dar Petroleum Operating Co. has resumed producing oil from a number of its wells in South Sudan after almost a year, people with knowledge of the matter said.Th…
Crude Oil
Libya’s NOC Unveils Self-Reliance
Strategic shift focuses on homegrown technologiesThe National Oil Corporation (NOC) unveiled its 2025 strategic plan on Wednesday, prioritising increased oil pr…
Oil Refinery
Dangote Refinery Reduces Diesel Price to N1,020/Litre
Dangote Petroleum Refinery and Petrochemicals says it has reduced the cost of its diesel to N1,020 per litre, down from N1,075 per litre at the gantry price.In …
Crude Oil
Four Giant Oil & Gas Projects Line up for Start-up in 2025 Offshore Norway With More on the Cards
Norwegian oil and gas player Vår Energi has confirmed that four major projects are expected to be put into operation this year, enabling the firm’s …
LNG
Gneiss: More UK Production, Fewer LNG Imports Key to Meeting Demand and Keeping Emissions at Bay Post-2030 Outlook & Strategy
FPSO Petrojarl Knarr for Equinor's Rosebank oil field in UK waters;Gneiss Energy, a UK-based strategic and corporate finance advisory firm operating within …
LNG
Chinese Firm Scores Offshore Multimillion-Dollar Job for Eni’s LNG Project
Italy’s energy giant Eni has hired China’s Hilong Group’s Hilong Offshore Engineering to handle the second phase of the offshore transportatio…
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