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Oil & Gas Trade
China’s CNOOC Exits U.S. Offshore Oil and Gas
British energy firm Ineos has finalised its acquisition of the U.S. Gulf assets from China’s state-owned oil company, CNOOC. The deal, completed on April …
Oil & Gas Trade
PetroChina Reports Record 2024 Net Income on Higher Production
PetroChina (601857.SS), Asia's largest oil and gas producer, on Sunday said annual net profit rose 2% to a record high, as moderately higher production help…
Electric Vehicle Charging
Head of BP’s EV Charging Unit Richard Bartlett Leaves Company
The head of BP's (BP.L), electric vehicle charging business BP Pulse, Richard Bartlett, has left the company, a BP spokesperson said on Thursday, weeks afte…
Solar project
Shell Scraps Solar, Onshore Wind Power Projects in Brazil
Shell (SHEL.L), is discontinuing its solar and onshore wind power generation projects in Brazil, as part of a "portfolio adjustment", the company said on Thursd…
Oil&Gas Drilling
Trump Administration to Open More Alaska Acres for Oil, Gas Drilling
U.S. Interior Secretary Doug Burgum on Thursday announced steps to open up more acreage for oil and gas leasing and lift restrictions on building an LNG pipelin…
Oil&Gas Drilling
TechnipFMC Signs Deepwater Exploration Agreement With India’s Largest Private E&P Co.
Cairn Oil & Gas, part of Vedanta Group and India’s largest private oil and gas exploration and production company, has entered into a strategic alliance with T…
Crude Oil
Nigerian Player Sets Sights on Offshore Production Ramp-Up, Targeting 20+ Wells in 2025
Nigeria’s oil and gas company Seplat Energy aims to drive transformation in Nigeria, partly by increasing offshore oil and gas production in 2025.While speakin…
Hydrogen Project
NZTC Takes Its Flagship Offshore Hydrogen Project to the Next Phase
The HOP2 project, spearheaded by Net Zero Technology Centre (NZTC), is advancing into its second phase with a focus on feasibility studies and design work. This…
Oil&Gas Drilling
Algeria’s Sonatrach, China’s Sinopec Sign $850 Million Contract for Hydrocarbon Development, Exploratio
The logo of the state energy company Sonatrach is pictured at the headquarters in Algiers, Algeria November 20, 2019.On Tuesday, February 25, 2025, Algeria&rsqu…
Crude Oil
Colombia’s Ecopetrol Books Biggest Increase in Proven Oil, Gas Reserves in Three Years
Oil pumpjacks are pictured in an Ecopetrol oil field in Barrancabermeja, Colombia October 11, 2024.Colombia's Ecopetrol (ECO.CN), booked its biggest increase in…
Oil and Gas Equipment
Halliburton Launches Its Second Electric TRSV Following Success of Industry’s First
Halliburton today announced the launch of the new EcoStar® electric tubing-retrievable safety valve (eTRSV). This second-generation product builds on the su…
Oil and Gas Equipment
Exxon’s Fourth Floating Oil Production Facility for Guyana Departs From Singapore
Vehicles pass in front of an Exxon service station in Bethesda, Maryland, U.S., November 25, 2024.The fourth floating production facility to be operated by a co…
Oil & Gas Trade
Kurdistan Region’s Oil Exports to Resume Next Week, Iraqi Minister Says
Iraq's Oil Minister Hayan Abdel-Ghani attends the fifth plus and sixth licensing rounds for 29 oil and gas exploration blocks at the Oil Ministry's head…
Crude Oil
Nigerian Oil Firm Secures $200 Million for Domestic Gas Expansion
A Nigerian oil and gas company, NESGAS Limited, yesterday, said the signing of a $200 million contractor financing agreement with Cakasa Nigeria Limited for the…
Oil & Gas Trade
Trafigura Buying Oil From Brazilian Player’s Santos Basin Field
Brazil’s oil and gas company Brava Energia has signed a contract with global commodity trading group Trafigura for the sale of oil produced at the former&…
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