Industry News
Talos Energy makes oil and natural gas discovery in Gulf of MexicoÂ
The US-based company Talos Energy has found up to 25 million barrels of oil equivalent (mmboe) in resources in an underwater well.
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Deal News
ADNOC to acquire 35% stake in ExxonMobil’s US low-carbon hydrogen facilityÂ
ADNOC has signed an agreement to acquire a 35% equity stake in ExxonMobil’s proposed low-carbon hydrogen facility in Texas, the US. Â
Industry News
Well intervention could boost UK’s oil and gas supply chain, says report
The North Sea Transition Authority is calling on operators to increase their well intervention activity and will host a supply chain and operator workshop later this year.
Industry News
Shell accuses Venture Global of wrongfully earning $3.5bn
Shell alleges that Venture Global redirected gas shipments to higher-priced spot markets instead of keeping its long-term contracts with European customers.
Industry News
Sanctioned Russian oligarchs acquire small stake in UK oil and gas player
LetterOne, partially owned by Mikhail Fridman and Petr Aven, has obtained a minority stake of 14.87% in the UK’s Harbour Energy.
Company News
Santos secures mid-term LNG supply deal with Glencore Singapore
Santos has signed a contract with Glencore Singapore for the supply of liquified natural gas (LNG) cargoes.
Company News
ORLEN teams up with Lithuania’s KN Energies to boost LNG logistics Â
ORLEN has solidified its LNG supply logistics across Central and Eastern Europe through an exclusive five-year agreement with KN Energies. Â
Company News
Vista Energy to invest more than $1bn in Argentina’s Vaca Muerta ShaleÂ
Vista Energy plans to inject approximately $1.1bn into expanding its operations in Argentina’s Vaca Muerta shale formation.
Company News
Williams to boost capacity by 4.2bcf/d with 12 new projects by 2027Â
American natural gas company Williams has announced plans to expand its capacity with 12 new project, reported Reuters.
Industry News
Fake Shell investment ads on Facebook deceive CanadiansÂ
A video circulated on Facebook promoting investment opportunities in Shell, aimed at Canadians, has been deemed fake by fact-checkers.