The global oil and gas industry is now refocussing on fossil fuels, and away from the energy transition, says GlobalData report.
Oil exports through the Iraq-Türkiye pipeline, which runs from Kirkuk to Ceyhan, have been halted since March 2023 over ongoing legal disputes between the nations.
SOCAR, the state oil company of Azerbaijan, has signed an addendum to the existing production sharing agreement (PSA).
Adani Total Gas has announced a financing agreement with international lenders, securing $375m (Rs31.32m) to support its expansion plans.
Kimmeridge Energy Management is set to reduce its ownership in a Louisiana-based LNG export project from 100% to 51%, reported Reuters.
Türkiye’s energy minister said the platform will eventually enable the country to double its Black Sea gas production.
TotalEnergies has announced a five-year extension of its LNG supply deal with China National Offshore Oil Corporation (CNOOC).
Uniper wants Germany to speed up new natural gas capacity plans as the country aims to phase coal used in power generation by 2030.
Uniper and ConocoPhillips have extended their existing gas partnership for the supply of up to 10 billion cubic meters of natural gas.
CNOOC has announced the commencement of production at the Liuhua 11-1/4-1 oilfield secondary development project.
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