Author: admin@erthaenergy

Despite policy progress, Nigeria faces challenges in achieving the goal of eliminating gas flares from hydrocarbon operations by 2030.

Eni is on track to raise more than €8bn from its disposal plan by 2027, reported Reuters, citing CEO Claudio Descalzi. 

Freeport LNG, one of the US’s largest liquified natural gas (LNG) exporters, is almost ready to crank up full production.

Egypt’s Petroleum Minister, Karim Badawi, met with executives from international oil and gas companies to finalise two agreements.  

Crown LNG will partner with IKM to build a floating liquefied natural gas import terminal off the east coast of Scotland.

Sinochem is in discussions to divest its 40% stake in the Peregrino oil and gas field located off the coast of Brazil, reported Bloomberg.  

Macquarie Asset Management has exercised its option to acquire the remaining 20% equity interest in National Gas from National Grid.

Petrobras has made a non-binding offer for a share of Galp Energia’s newly discovered offshore oil field in Namibia, reported Reuters. 

Vital Energy, in a partnership with NOG, has announced the acquisition of Point Energy Partners’ shale assets in a deal valued at $1.1bn.  

The World’s richest nations – including the UK and US – were obliged to lead the energy transition away from fossil fuels.