Analysis
Examining the impact of the NNPC’s $6bn debt on the Nigerian oil industry
The state-owned Nigerian National Petroleum Corporation (NNPC) has finally admitted it owes billions of debt to petrol suppliers.
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Industry News
India will still buy cheap Russian oil despite sanctions
Russian crude oil accounted for 44% of India’s overall imports in July, surpassing exports to China.
Contract News
Woodside signs LNG supply agreement with Japan’s JERAÂ
Australian energy company Woodside has signed a long-term agreement with Japan’s JERA for the supply of LNG. Â
Industry News
North Sea ahead of the net-zero curve as emissions fall
In the five years leading up to the of 2023, UK’s offshore oil and gas industry already reached its 2027 target for cutting emissions.
Company News
Equinor and partners discover oil and gas at Gudrun field in North SeaÂ
Equinor, alongside its partners, has made a discovery of oil and gas at the Gudrun field in the North Sea.Â
Contract News
Venture Global partners with GASTRADE for long-term LNG supply to Europe Â
Venture Global has announced an expansion into the European market with a long-term agreement with GASTRADE to supply LNG.
Industry News
Scotland to reveal North Sea oil and gas pledge as windfall tax concerns grow
The UK’s new Labour government has sought to calm nerves within the UK’s North Sea oil and gas sector as the coutry’s transition to clean energy gathers pace.
Deal News
Woodland Biofuels to invest $1.35bn in renewable fuels plant in Louisiana, US Â
Woodland Biofuels has announced a $1.35bn investment to establish a carbon-negative renewable natural gas (RNG) plant.
Contract News
Golar LNG signs $1.6bn EPC contract with CIMC Raffles for FLNG vesselÂ
Golar LNG has entered into a $1.6bn (Be$1.6bn) engineering, procurement, and construction (EPC) contract with CIMC Raffles. Â
Deal News
Santos to transfer 16% stake in Bayu-Undan project to TIMOR GAP Â
Australia’s Santos has finalised a sale and purchase deed for the transfer of a 16% interest in the Bayu-Undan upstream project to TIMOR GAP. Â