Industry News
Eni increases share buyback to €1.6bn in 2024
In its Q1 2024 results, Eni announced it would increase its planned share buyback by 45% to €1.6bn and reported
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Deal News
Texas LNG plant expands gas tolling agreement with EQTÂ
Texas LNG, a subsidiary of Glenfarne Energy Transition, has expanded its natural gas tolling agreement with US gas company EQT.Â
Deal News
Ithaca Energy to acquire Eni’s upstream assets in UK for £754mÂ
Ithaca Energy has reached an agreement to acquire Eni’s UK upstream oil and gas assets in a deal valued at
Contract News
Baker Hughes to supply equipment for Aramco’s MGS expansion project Â
Baker Hughes has secured a contract to provide key equipment for Aramco’s third phase of the Master Gas System (MGS)
Company News
TotalEnergies and Shell enter talks for stakes in Adnoc LNG plantÂ
Several energy majors, have entered discussions to purchase stakes in Adnoc’s new LNG project in the United Arab Emirates (UAE).
Deal News
Galp mulling stake sale in Namibian oilfield following significant discovery
Galp Energia has initiated the sale of its stake in exploration block off the coast of Namibia where it recently
Deal News
TotalEnergies to acquire remaining 50% stake in Malaysia’s SapuraOMVÂ
TotalEnergies has signed an agreement to acquire the remaining 50% interest in Malaysian gas producer SapuraOMV.
Deal News
Aramco in negotiations to buy minority stake in China’s Hengli PetrochemicalÂ
Aramco has confirmed that it is in talks to acquire a minority equity stake in Hengli Petrochemical to bolster its
Company News
Aker BP begins production from Hanz field offshore Norway
Aker BP and its partners Equinor and Sval Energy have commenced production from the Hanz field in the Norwegian North