Author: admin@erthaenergy

US-based LNG producer NextDecade has reached a final investment decision (FID) on Train 5 at its Rio Grande LNG project in Texas.

European Parliament’s energy committee has supported a proposal to ban imports of Russian gas and oil to the European Union (EU) for a year.

Equinor, and partners ExxonMobil Brasil, Pré-sal Petróleo, and Petrogal Brasil, has started production from Bacalhau field offshore Brazil. 

Valeura Energy and its partner formed a joint venture (JV) with a subsidiary of Transatlantic Petroleum to explore the Thrace basin Türkiye.

Dana Gas and Crescent Petroleum have completed the KM250 expansion project at the Khor Mor facility in the Kurdistan Region of Iraq (KRI).

Halliburton has secured multiple contracts with Petrobras to deliver well services in Brazil’s deepwater oil fields.

SK Innovation’s oil exploration unit SK Earthon is considering divesting its shares in three Vietnamese oil blocks.

Pakistan Petroleum Limited (PPL) has signed a strategic partnership with Turkish Petroleum Overseas Company (TPOC).

Cenovus Energy has acquired approximately 21.7 million common shares of MEG Energy, bolstering its position ahead of an upcoming merger vote.

Egypt has announced an ambitious plan to drill 480 exploratory oil wells with a total investment of $5.7bn over the next five years.