A free trade arbitration tribunal has dismissed Canadian company TC Energy’s $15bn claim against the US government over the cancellation of its Keystone XL pipeline project. Â
Energy Transfer, a US pipeline operator, and Sunoco, a fuel distributor, have teamed up to form a joint venture (JV) that will combine their crude oil and produced water-gathering operations in the Permian Basin, US.Â
Bolivian government has announced the discovery of a significant natural gas reserve, reported Reuters, citing the country’s President.
The International Energy Agency (IEA) reported a huge 60% increase in global gas demand in the first half of 2024, largely driven by Asia.
CNOOC has reported a new record for gas tested productivity at the Mesozoic buried hill in Bohai Bay in the Longkou 7-1 oilfield. Â
US oil major ExxonMobil is gearing up to drill as many as 30 wells in its latest project in Guyana, reported Reuters. Â
US-based Energy Transfer has completed the acquisition of WTG Midstream, a move set to enhance its Permian Basin operations. Â
Saipem has secured two offshore contracts worth approximately $500m in Saudi Arabia through its ongoing long-term agreement with Aramco. Â
North Sea operators must act on well decommissioning to support the UK’s supply chain and clean up their oil and gas legacy, says regulator.
Honeywell acquires Air Products LNG technology for $1.8bn.
