Norne Thorning Storage, a Fidelis New Energy company, has been granted the exploration licence for the Thorning structure by the Danish Minister of Climate, Energy and Utilities.
The Middle East will witness significant FCCU capacity additions representing over a quarter of the global FCCU capacity additions by 2030.
In a move aligned with President Trump’s agenda, the US will no longer require EIS for approximately 3,244 oil and gas leases across the western states.
CNOOC has commenced production at the Wenchang 9-7 Oilfield Development Project, located in the western Pearl River Mouth Basin, South China Sea.
Delfin Midstream has announced significant progress in securing key permits and approvals for its energy infrastructure project in the US.
The Transocean Equinox rig arrived in the Otway Basin, marking a significant step for the OEDP scheduled for 2025.
Mubadala Energy, based in Abu Dhabi, has entered the US upstream gas and LNG sector by acquiring a 24.1% stake in SoTex HoldCo through new equity issuance.
Sinopec and Aramco have signed a venture framework agreement to expand the Yanbu Refinery in Saudi Arabia.
Trio Petroleum, has completed the acquisition of petroleum and natural gas properties from Novacor Exploration in Lloydminster, Saskatchewan.
The US EIA anticipates a decline in global oil demand growth through 2026, driven by recent trade policy and oil production changes.
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