
Hungary in discussions with allies to counter oil prices after US sanctions
Hungary is preparing to hold discussions with regional allies to counteract the economic repercussions of rising oil prices.

Hungary is preparing to hold discussions with regional allies to counteract the economic repercussions of rising oil prices.

Vedanta Group’s Cairn Oil & Gas will undertake exploratory drilling in the ESZ of Gibbon Wildlife Sanctuary in Jorhat district, Assam, India.

TotalEnergies has commenced the construction of ArtawiGas25, a new gas processing facility in the Basra region of Iraq.

PETRONAS has made a final investment decision on the Hidayah field development in the North Madura II Contract Area, East Java, Indonesia.

The North Sea Transition Authority (NSTA) has fined CNOOC Petroleum Europe £125,000 ($155,110) for unauthorised venting at its Buzzard field.

TotalEnergies has reached a $5m settlement with the US energy regulators over allegations of natural gas market manipulation.

The ACCC highlighted concerns over the pace of new gas production and infrastructure development which is crucial for the energy transition.

Adnoc Gas has awarded $2.1bn contracts for the development of LNG supply infrastructure to deliver feedstock to the Ruwais LNG in Abu Dhabi.

PDi has secured a contract from EnergyPathways to provide engineering study support for the Marram field project in the UK Irish Sea.

Shell Offshore has commenced production at its Whale floating production facility located in the deepwater US Gulf of Mexico.