Category: News

ADNOC is transferring its stakes in US hydrogen and LNG assets to its new international investment firm, XRG.

Colombian President Gustavo Petro has instructed oil company Ecopetrol to cancel its joint venture with the US-based Occidental Petroleum.

French multinational integrated energy and petroleum firm TotalEnergies has reported better-than-expected fourth-quarter 2024 earnings.

Romanian oil and gas company OMV Petrom has reported a 57% decline in its fourth-quarter adjusted operating profit, attributed to regulatory impacts on gas and power and weaker commodity prices.

ABL, a global energy and marine consultancy, has secured a contract to deliver marine warranty survey services to Saipem for the Bouri Gas Utilisation Project (BGUP) in Libya.

Oman’s Ministry of Energy and Minerals has announced a competitive bidding round for oil and gas exploration in three key concession areas: Block 43A, Block 66, and Block 36.

SLB OneSubsea has signed an agreement with Vår Energi to deliver subsea production systems (SPS) for upcoming projects on the Norwegian Continental Shelf (NCS).

Norway’s Equinor has halted all output from its Johan Sverdrup oilfield, the “largest” producing field in western Europe, due to an outage in the offshore power system.

Shell has resumed production at the Penguins field in the UK North Sea using a state-of-the-art floating production, storage, and offloading (FPSO) facility.

ONEOK and MPLX have signed agreements to form joint ventures to build a large-scale liquefied petroleum gas (LPG) export terminal in Texas City, Texas and a pipeline.