Category: Industry News

Partners of the Leviathan natural gas field in Israel have proposed an expansion of the site to enhance production capabilities.

Esso Australia Resources to invest $200m investment in the Kipper 1B project to enhance gas production from the Gippsland Basin in Australia.

Bureau of Land Management New Mexico State Office auctioned seven parcels covering 1,317.29 acres in quarterly oil and gas lease sale.

Saipem and Subsea7 have reached an agreement for a potential merger to establish a “global leader” in the energy services sector.

Shell has signed an agreement with ConocoPhillips to acquire a 15.96% working interest in the Ursa platform.

Tokyo Gas has signed a MoU with Shizuoka Gas to transfer its interest in the Eagle Ford shale gas project in southern Texas, US for $130m.

Suriname’s Staatsolie is seeking to secure $1.5bn in bank financing for the Gran Morgu energy project in 2025

Anaergia Singapore has signed LOI to supply JGC Holdings with technology and equipment for a renewable natural gas (RNG) project in Japan.

Cenovus Energy has reported net earnings of C$146m ($102.7m) for the fourth quarter of 2024, a significant drop from C$820m in the previous quarter.

China National Offshore Oil Corporation (CNOOC) has started production from its Luda 5-2 North Oilfield phase two development project.