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Westlawn to acquire stake in BS-4 concession offshore Brazil
Westlawn Americas Offshore (WAO), a portfolio company of Westlawn Group, has agreed to acquire a 20% stake in BS-4 concession

Woodside seeks improved terms to develop Trinidad gas field
Woodside is seeking improved fiscal terms from the Trinidad and Tobago before committing to the development of the Calypso gas

TotalEnergies resumes production at Tyra hub offshore Denmark
TotalEnergies has restarted gas production at the Tyra hub in the Danish North Sea, following a significant redevelopment project.

Russia slams $30 oil price cap proposal from Ukraine
Russia has slammed proposals from Ukraine to slash the current $60 price cap on Russian oil to $30 per barrel.

UK Government grants DCO for HyNet CO2 pipeline
UK Government’s Department for Energy Security and Net Zero (DESNZ) has granted a Development Consent Order for the HyNet North

Hanseatic Energy makes FID on Germany’s land-based terminal
Hanseatic Energy Hub has announced the FID to build what it claims to be the country’s first land-based terminal for

CNOOC seeks arbitration over Hess’ stake in Stabroek oilfield in GuyanaÂ
CNOOC has initiated arbitration to assert its rights over Hess’ Stabroek stake in the event of a sale to Chevron,

Brazil considers importing gas from Argentina’s Vaca Muerta formation Â
Brazil is actively exploring avenues to import gas from Argentina’s Vaca Muerta formation to address its gas deficit, reported Reuters.  Â

Wood Group plans hundreds of job cuts
An insider has revealed that oil engineering and consulting company Wood Group may cut around 200 jobs as part of