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ADB to Provide $160 Million to Finance 760 MW of Solar in Azerbaijan
The Asian Development Bank (ADB) has agreed on a $160 million financing package for two solar projects in southeastern Azerbaijan, totaling 760 MW. Abu Dhabi-ba…
Wind Farm
Masdar, ACWA, and Socar Eye 3.5 GW of Wind Projects Offshore Azerbaijan
Abu Dhabi-based Masdar, Saudi Arabia’s ACWA Power, and the State Oil Company of the Republic of Azerbaijan (SOCAR) have teamed up to explore the developme…
Crude Oil
Exclusive: Oil Group Mol’s Refineries Shift to Non-Russian Crude Faces Delay
Fuel prices are seen on a board at a gas station of Hungarian oil company MOL Group in Esztergom, Hungary, January 21, 2023. REUTERS/Marton Monus/File Photo Pur…
Oil&Gas Drilling
Brazil’s Petrobras to Pump Natural Gas From Reopened Offshore Well
Brazil's state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes/File Photo Purchas…
Oil & Gas Trade
Petrobras Wants a 40% Stake in Galp’s Mega Oil Block in Namibia, Director Says
Brazil?s state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes/File Photo Purchase Li…
Oil & Gas Trade
Suriname’s Staatsolie Signs Energy Production Sharing Contracts With Petrochina
A 3D printed natural gas pipeline is placed in front of displayed PetroChina logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/F…
Nuclear Technology
Saipem and Newcleo Will Jointly Study Offshore Applications of Nuclear Technology
Saipem wants to clean up its offshore operations. Credit: Credit: Sad Agus/Shutterstock.com.Italian oil company Saipem and British nuclear company Newcleo will …
Oil&Gas Drilling
Ecuador’s Petroecuador Launches Bidding Process for Offshore Gas Field
A gasoline station of Ecuador's state oil company Petroecuador is pictured, in Quito, Ecuador June 21, 2024. REUTERS/Karen Toro/File Photo Purchase Licensin…
LNG
ADNOC to Supply Indian Oil With LNG for 15 Years
General view of Panorama Digital Command Centre at the ADNOC headquarters in Abu Dhabi, UAE December 10, 2019. Picture taken December 10, 2019. REUTERS/Satish K…
Oil&Gas Drilling
Vista Energy to Pump More Than $1 Billion Into Growing Argentina Shale
Miguel Galuccio, Vista oil company founder and chairman, reacts during a celebration marking Vista's fifth anniversary of its stock listing at the New York …
Oil & Gas Trade
Exxon Looks to Sell Non-core Oil Assets in the US Permian Basin
A 3D printed natural gas pipeline is placed in front of displayed ExxonMobil logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/F…
Oil & Gas Trade
Eni Wraps up $783M Sale of Nigerian Subsidiary NAOC to Oando
Oando completes acquisition of NAOC from Eni. (Credit: tzevena from Pixabay)Italian energy major Eni has completed the previously announced $783m sale of Nigeri…
Oil & Gas Trade
South Sudan’s Nile Petroleum Assumes Control Over Former Petronas Oil and Gas Assets
South Sudan’s state-run Nile Petroleum Corp. took over oil fields and assets that belonged to a subsidiary of the Malaysian oil company Petroliam Nasional…
Oil & Gas Trade
Spain’s Cepsa to Sell Liquefied Gas Unit in Iberia for $302 Mln
The logo of CEPSA is seen on the facade of a building at Cepsa Energy Park in San Roque, near Algeciras, southern Spain, December 1, 2022. REUTERS/Jon Nazca/Fil…
Natural Gas
Brazil’s Petrobras Confirms Gas Discovery off Colombia
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Phot…
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