Industry News
Summit Midstream sells $625m stake in Utica shale
Summit Midstream announced on Friday plans to sell its Utica shale assets to midstream company MPLX for $625m.
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Deal News
Westlawn to acquire stake in BS-4 concession offshore Brazil
Westlawn Americas Offshore (WAO), a portfolio company of Westlawn Group, has agreed to acquire a 20% stake in BS-4 concession
Company News
Woodside seeks improved terms to develop Trinidad gas field
Woodside is seeking improved fiscal terms from the Trinidad and Tobago before committing to the development of the Calypso gas
Company News
TotalEnergies resumes production at Tyra hub offshore Denmark
TotalEnergies has restarted gas production at the Tyra hub in the Danish North Sea, following a significant redevelopment project.
Industry News
Russia slams $30 oil price cap proposal from Ukraine
Russia has slammed proposals from Ukraine to slash the current $60 price cap on Russian oil to $30 per barrel.
Company News
UK Government grants DCO for HyNet CO2 pipeline
UK Government’s Department for Energy Security and Net Zero (DESNZ) has granted a Development Consent Order for the HyNet North
Company News
Hanseatic Energy makes FID on Germany’s land-based terminal
Hanseatic Energy Hub has announced the FID to build what it claims to be the country’s first land-based terminal for
Deal News
CNOOC seeks arbitration over Hess’ stake in Stabroek oilfield in GuyanaÂ
CNOOC has initiated arbitration to assert its rights over Hess’ Stabroek stake in the event of a sale to Chevron,
Industry News
Brazil considers importing gas from Argentina’s Vaca Muerta formation Â
Brazil is actively exploring avenues to import gas from Argentina’s Vaca Muerta formation to address its gas deficit, reported Reuters.  Â