A new independent analysis commissioned by Offshore Energies UK (OEUK) from Westwood Global Energy Group has revealed that the UK has the potential to double its North Sea oil and gas production.
Oil majors BP (bp), Eni, and TotalEnergies are evacuating foreign personnel from Iraqi oilfields amidst increasing regional tensions, according to the Basra Oil Company.
Petrovietnam, along with its joint venture partners, has officially signed the product sharing contract (PSC) for Block 15-1, situated on the southern continental shelf of Vietnam.
EON Resources’ wholly owned subsidiary EON Energy has entered into an agreement to acquire a 94% working interest in the South Justis oilfield.
Argo, through its wholly owned subsidiary Isle Gas under AMF Hawaiʻi Investment Holdings, has agreed to acquire key gas storage and delivery assets in Hawaiʻi from UGI’s subsidiary AmeriGas Propane.
JERA has signed a non-binding heads of agreement with Woodside Energy Trading Singapore for the procurement of liquefied natural gas (LNG) to meet the country’s winter energy demands.
LNG Canada, led by Shell, has announced the production of its first liquefied natural gas (LNG) for export from its facility in Kitimat, British Columbia.
EnQuest is nearing the completion of its $84m acquisition of Harbour Energy’s assets in Vietnam, with the transaction to be finalised within the next one to two months.
The current surge is driven by growing LNG exports, increased domestic demand and a strategic pivot towards cleaner energy sources.
GlobalData’s Oil & Gas Research team addresses key concerns and calibrates the market’s potential overreaction to the Israel–Iran hostilities.
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