Category: Industry News

Vitol and Glencore will receive $380m in compensation after their gas supplier, Taleveras, won a case against Nigeria LNG (NLNG)

Trinidad and Tobago plans to request an extension from the US government for a license granted to Shell and the National Gas Company (NGC) to develop the Dragon gas project in Venezuela.

Cairn Oil & Gas, a subsidiary of Vedanta Group, has announced an investment of Rs500bn ($5.7bn) in the oil and gas exploration and production sector of Assam, a north eastern state of India.

bp is planning a shift in its strategy, moving away from renewable energy targets and refocusing on fossil fuels.

Woodside Energy is strategically positioned to benefit from the growing demand for US liquefied natural gas (LNG), influenced by trade policies and a pro-fossil fuel agenda.

Exploration and production company Coterra Energy has declared a 5% dividend increase to $0.22 per share for the fourth quarter (Q4) of 2024.

Asia’s imports of liquefied natural gas (LNG) are poised to drop significantly in February, marking the lowest level in nearly two years.

The Greater Tortue Ahmeyim (GTA) project, a collaboration between BP and Kosmos Energy, is preparing to dispatch its first shipment of LNG.

Iraq’s oil ministry announced that all necessary procedures have been completed to resume oil exports via the Iraq-Turkey pipeline.