Author: admin@erthaenergy

The US Department of Energy has approved a loan guarantee for the expansion of Calumet’s sustainable aviation fuel (SAF) refinery in Montana.

Elliott Investment Management has reportedly acquired a stake exceeding $2.5bn in Phillips 66 and plans to advocate for operational changes, including the sale of the company’s midstream business.

bp is set to expand its operations in the Shah Deniz gas field offshore Azerbaijan, with the addition of six new wells.

Woodside Energy and the government of Trinidad and Tobago have reached a preliminary agreement on the commercial terms for the development of the Calypso deepwater gas project.

Orlen and Orlen Upstream Polska have discovered the Siedlemin gas field, located at a depth of approximately 3km in the Province of Poznań, Poland.

The separatist region of Transdniestria, located along Moldova’s border with Ukraine, has reached an agreement to receive natural gas supplies backed by a Russian loan.

Etablissements Maurel & Prom has signed a definitive agreement with NG Energy International for the acquisition of a 40% operating working interest in the Sinu-9 gas licence in Colombia.

Petro-Victory Energy has signed a sale purchase agreement for the acquisition of 13 oil fields in a 50-50 partnership with Azevedo & Travassos Petroleo (ATP).

Abu Dhabi National Oil Company has agreed to a five-year LNG supply deal with India’s Bharat Petroleum (BPCL), set to commence in April 2025.