Author: admin@erthaenergy

BPCL, India’s state-owned oil firm, has awarded a five-month tender for the procurement of ten million barrels (mbbl) of US oil to Glencore.

Saudi Aramco signed a $11bn agreement for its Jafurah gas processing facilities with a consortium of investors, led by funds managed by GIP.

Coastal Bend LNG is set to utilise AI solutions from American start-up ClassVI.AI to prepare its permitting application with the FERC.

E&P company ConocoPhillips Skandinavia has awarded Halliburton a five-year contract to provide comprehensive well stimulation services.

The EBRD has extended a €500m ($585m) loan to Ukrainian gas company Naftogaz to finance emergency gas purchases.

Saipem has officially commenced construction activities at the Tangguh Ubadari Compression and Carbon Capture (UCC) project with the first steel cutting ceremony at its Karimun Yard in Papua Barat province, Indonesia.

Centrica has partnered with Energy Capital Partners to acquire the Isle of Grain liquified natural gas terminal from National Grid.

US inflation could accelerate beyond current expectations as a result of Trump’s tariffs and the high deportation targets for ICE.

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.