Author: admin@erthaenergy

Congo’s government has announced the cancellation of an auction for 27 sites that were designated for oil exploration.

The court decision overturns temporary injunctions against the development of the Yggdrasil, Tyrving, and Breidablikk fields.

Crude oil flowing through the Bab el-Mandeb in the Red Sea has decreased by more than 50% in the first eight months of 2024 says EIA.

Baker Hughes Repsol collaboration utilises AI through Leucipa to enhance oil recovery and reduce emissions.

OPEC has reduced its forecast for 2024’s global oil demand growth, while also lowering its projection for 2025.

Nigeria has entered into a gas supply agreement with several JV partners to support a $3.5bn (N5.72tn) fertiliser and petrochemical plant.

ADNOC has announced that its acquisition of a controlling stake in Fertiglobe from OCI Global will close on 15 October 2024.

Chennai Petroleum is in advanced discussions to secure a $3.3bn loan for constructing a new refinery in Tamil Nadu, India.

Woodside’s completion of the Scarborough Energy Project trunkline, a significant step towards cleaner energy and economic growth.

The oil and gas industry’s traditional linear production needs to move circular economy that reduces natural resource consumption.