Privately owned US oil and gas producer Validus Energy is poised to acquire rival 89 Energy III for approximately $850m, including debt.
TotalEnergies and Aker BP have initiated an independent review to potentially increase their stakes in Equinor’s Johan Sverdrup oilfield, considered to be the “largest” producing field in the North Sea.
Brazilian oil company Petrobras has signed a strategic term contract with Bharat Petroleum Corporation (BPCL) for the supply of Brazilian crude oil grades.
With thermoplastic labyrinth seals costing significantly more than aluminium, the ability to make a return on investment is crucial for oil and gas companies.
Exxon Mobil has applied for environmental permits for its eighth project, Longtail, in Guyana, marking its first venture to generate gas not linked to oil production.
Chevron has announced plans for a significant workforce reduction, targeting a 15%-20% reduction by next year as part of its cost-cutting strategy.
Britain, with significant potential for wind generation, will see a third of its offshore wind farms end by 2035
Shell’s recent projections indicate that global demand for liquefied natural gas is set to grow in the coming years, while gas demand will likely increase more gradually, and oil may peak early next decade.
India is on track to more than double its liquefied natural gas (LNG) imports by 2030, according to new report from the International Energy Agency (IEA).
TotalEnergies has agreed to supply Indian oil and gas firm Gujarat State Petroleum Corporation (GSPC) with 400,000t of LNG per year from 2026.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
