
South Africa seeks US LNG trade deal
South Africa has proposed purchasing liquefied natural gas (LNG) from the US as part of a broader trade deal negotiation.

South Africa has proposed purchasing liquefied natural gas (LNG) from the US as part of a broader trade deal negotiation.

The PY-3 offshore field in the Cauvery Basin has recommenced crude oil production after a 13-year hiatus.

Energy services provider Expro has secured multi-year tubular running services (TRS) contracts with two operators in the Gulf of America.

Iraq’s oil ministry has formalised an agreement with China’s Geo-Jade Petroleum and Basra Crescent, to augment the Tuba oil field’s capacity.

The FPSO Alexandre de Gusmão has begun operations in the Mero field, part of the Libra block in the pre-salt Santos Basin.

Sable Offshore has closed its upsized underwritten public offering, issuing 10 million shares at $29.50 each.

Vermilion Energy has reached a definitive agreement to divest its assets in Saskatchewan and Manitoba for $415m in cash proceeds.

Asia is poised to become the frontrunner in the global caustic soda capacity additions by 2030 due to the increasing demand from vital industries, including chemical manufacturing, water treatment, petroleum refining, textiles, and cleaning products.

Turkey has committed to supplying Syria with two billion m3 of natural gas annually, a move set to enhance the power generation capacity.

The Railroad Commission of Texas has raised alarms about the increasing underground pressure in the Permian Basin, resulting from the disposal of wastewater from shale oil wells.
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