Industry News
Johan Castberg field to start production in early 2025
Equinor, alongside partners Var Energi and Petoro, plans to start oil production at the Johan Castberg field before February 2025.
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Industry News
Northern Endurance Partnership achieves financial close for UK’s first CCS project
Northern Endurance Partnership (NEP) has announced financial close for the UK’s first carbon capture and storage (CCS) project.
Hydrogen
Hydrogen start-ups accelerate clean energy innovations, says GlobalData
Hydrogen startups are addressing critical challenges such as hydrogen production efficiency, and storage, said GlobalData.
Company News
Kinetik to acquire gas, crude gathering systems in Texas Delaware basin
Kinetik Holdings has signed a definitive agreement to acquire natural gas and crude oil gathering systems in Reeves County, Texas, US.
Industry News
US DOE delays two LNG reviews pending regulatory approval
The US Department of Energy (DOE) has announced that the completion of reviews for two proposed liquefied natural gas (LNG) export terminals in Louisiana will be delayed.
Company News
US net crude oil imports projected to decrease by 20% in 2025
The Energy Information Administration has forecasted that US net crude oil imports will fall by 20% in 2025 to 1.9 million barrels per day (bpd).
Company News
Jadestone Energy completes EPCI test for Akatara gas development
Jadestone Energy has announced the successful completion of the EPCI contract performance test at the Akatara gas development in Indonesia.
Company News
EnergyPathways partners with Wood for gas and hydrogen storage venture
EnergyPathways has announced a partnership with Wood to advance its Marram Energy Storage Hub (MESH) project.
Company News
KUFPEC seeks additional oil and gas ventures in Indonesia’s Natuna Sea
Kuwait Foreign Petroleum Exploration Company (KUFPEC) is reportedly exploring oil and gas opportunities in Indonesia’s Natuna Sea.
Company News
SundaGas signs LOI for rig to drill Chuditch appraisal well
SundaGas Banda Unipessoal has signed a non-binding letter of intent (LOI) with an international drilling contractor.