Tokyo Gas has acquired a 20% stake in FGEN LNG, the owner and operator of an offshore floating LNG terminal in Batangas City, Southern Luzon Island, Republic of the Philippines.
The US is anticipated to lead global ammonia capacity additions by 2030, due to the availability of large natural gas reserves.
Exxon Mobil is set to enhance natural gas production from its oil-focused operations in Guyana via a large-scale project.
Petroleum refineries firm Aramco has signed agreements to acquire a 25% stake in Unioil Petroleum Philippines, a downstream fuels operator established in 1966.
American exploration company Zion Oil & Gas has announced the resumption of work on the Megiddo-Jezreel (MJ-01) well recompletion project in Israel.
Cue Energy Resources has announced it has completed the West Mereenie 30 (WM30) well, part of the Mereenie gas field in the Northern Territory, Australia.
BP (bp) is contemplating the sale of its Castrol lubricants business, a move that could value the unit at approximately $10bn, reported Bloomberg.
Diamondback Energy has announced a definitive agreement to acquire subsidiaries of Double Eagle IV Midco, marking an expansion in the Midland Basin, US.
Rhino Resources has announced the completion of drilling of the Sagittarius 1-X well at the PEL85 license in the Orange Basin, offshore Namibia, confirming the presence of a hydrocarbon-bearing reservoir.
How far will the new Labour government go in the move away from hydrocarbons and towards the use solar, wind and nuclear in the energy mix.
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