Category: Industry News

Venture Global has unveiled plans for an expansion of its Plaquemines LNG facility, located south of New Orleans, Louisiana, US.

The government is committed to maintaining existing fields for their lifetime and does not intend to issue new oil and gas licences. Credit: Dong Nhat Huy/Shutterstock.

The European Commission has proposed to extend the current gas storage regulation until the end of 2027.

Colombia’s state-controlled oil firm Ecopetrol is considering to raise up to $2bn in debt this year for strategic investments.

CNOOC has announced a “major breakthrough” in the exploration of Paleozoic buried hills within the Beibu Gulf Basin.

Equinor and its partners, Okea and Pandion Energy, have announced the discovery of gas and condensate in the Mistral Sør exploration well in the Halten area of the southern Norwegian Sea.

Saudi Aramco is considering a potential acquisition of bp’s Castrol lubricant business, which could value the division at approximately $10bn.

A gas leak has been detected at the BP-operated Greater Tortue Ahmeyim (GTA) gas project, located offshore Senegal and Mauritania.

Australian gas exploration and production company, Botala Energy has secured a mining licence (ML0052/2025) for its Serowe coal bed methane (CBM) project in Botswana.

Canadian midstream company Enbridge has announced a significant investment of C$2bn ($1.3bn) to upgrade its Mainline network through 2028.