Author: admin@erthaenergy

US President Donald Trump is planning to repeal the restrictions imposed by Joe Biden on oil drilling in Alaska’s National Petroleum Reserve.

SOCAR has reportedly signed new agreements with ExxonMobil and BP for oil and gas exploration in the country.

Prime Infra has signed an agreement to acquire a 60% stake in the gas assets of First Gen for $896.44m.

Fugro has secured what it claims to be its largest-ever project in the Asia Pacific (APAC) region to support the development of a deep-water gas field in Southeast Asia.

EOG Resources has entered into a definitive agreement to acquire Encino Acquisition Partners from Canada Pension Plan Investment Board and Encino Energy.

Romania’s OMV has concluded the sale of its 5% stake in the Ghasha concession to Lukoil Gulf Upstream for $594m.

Nigeria’s president Bola Tinubu has signed an executive order designed to reduce costs and increase revenue from oil and gas projects.

BP has appointed oil industry veteran Dave Hager to its board, a move that underscores the company’s strategic shift to its core fossil fuel business.

BP Trinidad and Tobago (bpTT) and EOG Resources Trinidad (EOG) have achieved first gas from the Mento gas field, located off the southeast coast of Trinidad.

Energy Transfer LNG Export has signed a 20-year sale and purchase agreement (SPA) with Kyushu Electric Power Company (Kyushu).