Author: admin@erthaenergy

An affiliate of Elliott Investment Management has escalated the bidding war for Citgo Petroleum’s parent company, PDV Holding, by proposing a total value of $8.82bn.

Colombia’s state oil company Ecopetrol, has reported a 46% decrease in net profit for the second quarter due to declining global oil prices and slight production decreases.

Venice Energy has entered into a sale agreement for its LNG terminal project to AG&P LNG, a subsidiary of US-based Nebula Energy.

The EIA has projected a notable decrease in crude oil prices, anticipating that the global oil supply will significantly outpace the demand for petroleum products.

Energy Domain has expanded its portfolio by acquiring the ClerkRecords.com domain and its proprietary AI-driven courthouse records platform.

Venture Global has emerged victorious in an arbitration case against energy giant Shell, concerning allegations of non-delivery of liquefied natural gas (LNG) under long-term contracts starting in 2023

ExxonMobil is poised to potentially invest as much as $21.7bn in Trinidad and Tobago, contingent upon successful discovery of reserves in a newly awarded deepwater exploration area.

Malaysian oil and gas company Petronas is looking to expand its liquefied natural gas (LNG) exports to new Asian markets.

EXP selected as environmental consultant for Coastal Bend LNG’s natural gas liquefaction and export facility on the Texas Gulf Coast.

Valmet has entered into a strategic agreement with Petrobras, the leading energy company in Brazil, to deliver comprehensive valve services.