Author: admin@erthaenergy

IEA has announced that global oil demand is expected to continue growing until the end of this decade, even as China is likely to reach its peak demand by 2027.

Keyera has entered into a definitive agreement to purchase the Canadian natural gas liquids (NGL) business of Plains All American Pipeline and Plains GP.

Norwegian offshore drilling rig workers will strike from 21 June if their annual wage negotiations with employers do not reach a satisfactory conclusion.

TotalEnergies has acquired 25% working interest in a portfolio of offshore exploration leases in US from Chevron.

Petrobras has signed three contracts for the completion of construction on Train 2 of the Abreu e Lima Refinery (RNEST) in Pernambuco, Brazil.

Baker Hughes has announced plans to acquire Continental Disc (CDC), for approximately $540m.

MEG Energy’s board of directors has unanimously recommended shareholders to reject Strathcona Resources’ unsolicited takeover bid.

Mitsubishi is reportedly in advanced discussions to acquire the US shale production and pipeline assets of Aethon Energy Management for an estimated $8bn.

The Cochin Port Authority (CoPA) has signed a MoU with OIL to establish a support base for offshore oil exploration in the Kerala-Konkan Basin of India.

TotalEnergies has acquired interests in several offshore blocks in Malaysia and one block in Indonesia from Petronas.