
US natural gas storage hits 3.49tcf, concerns raised over hurricane impact
US natural gas storage reached 3,492 bcf as of 20 September, raising concerns about potential hurricane impacts on energy infrastructure.

US natural gas storage reached 3,492 bcf as of 20 September, raising concerns about potential hurricane impacts on energy infrastructure.

Ozona CCS has formed a partnership with a subsidiary of Japanese firm Marubeni to develop carbon capture and sequestration (CCS) projects in the Eagleford Basin, South Texas in the US.

Exxon Mobil has outlined plans for a $10bn investment in offshore oil operations in Nigeria, reported Reuters.

Italian energy company Eni is close to finalising a deal with investment firm KKR for the sale of a stake in its biofuel unit Enilive, while also attracting interest from other potential investors, reported Reuters citing two sources.

Validus Energy, a privately held oil and gas producer, has agreed to acquire Citizen Energy for over $2bn, including debt, Reuters reported.

The Norwegian Energy Ministry unveiled the transport and storage facility in Øygarden, near Bergens, to aid Europe’s energy transition.

Pakistan’s OHDCL has announced that Sawan South Joint Venture has discovered has in district Khairpur, Sindh Province.

Technip Energies and JGC Corporation have been awarded the FEED contract for the Rovuma LNG project in Mozambique.

Prio is currently in optimistic discussions with China’s Sinochem regarding the acquisition of a 40% stake in the Peregrino oil field.

Aramco has been forced to raise $3bn from Islamic bonds to pay dividends, all while Saudi Arabia plans to rescind its $100 a barrel oil price
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.