
TC Energy to sell $722m stake in Canadian gas assets to indigenous groups
TC Energy has reached an agreement to sell a 5.34% stake in its Canadian gas assets to Indigenous communities for C$1bn ($722.1 million).

TC Energy has reached an agreement to sell a 5.34% stake in its Canadian gas assets to Indigenous communities for C$1bn ($722.1 million).

bp has announced the FID for the Kaskida project, marking the establishment of its sixth operational hub in the Gulf of Mexico.

The presidential candidates for the world’s largest fossil fuel producer have starkly different climate policies.

Viaro Energy has finalised an agreement to acquire Shell and ExxonMobil’s interests in their UK Southern North Sea assets.

Crescent Energy has completed its $2.1bn acquisition of SilverBow Resources, becoming the second-largest operator in the Eagle Ford.

The African Petroleum Producers Organisation wants members to come up with the subscription fees to help establish the private sector funder.

Eco’s oil and gas operations are focused on the offshore Atlantic Margins in South Africa, Namibia, and Guyana.

US natural gas producer Chesapeake Energy has reported a net loss of $227m for the second quarter of 2024.

Market analysts had predicted that BP’s profits would reach $2.55bn for the April-June period but BP reported its profits reached $2.76bn.

Electrification should not be seen as oil’s “great rival” according to HE Haitham Al Ghais, OPEC Secretary General.