Russia has promised to meet its OPEC+ oil production targets in June, after pumping too much oil in May and exceeding the body’s limits.
UK’s Foreign Secretary David Cameron said sanctions are “starving Putin of the revenue he needs to fund his war chest and making it harder to supply his war machine”.
Uganda has increased its annual budget for the oil and gas sector, as the country prepares for the commencement of oil production.
Aramco Trading Americas has entered into a multi-year terminal services agreement with FTAI Infrastructure’s subsidiary, Jefferson Energy.
NNPC has withdrawn its lawsuit against Exxon Mobil’s planned sale of oil and gas assets to Seplat Energy, reported Bloomberg.
Venture Global LNG has signed an with DTEK’s commercial arm, D. TRADING, to supply liquefied natural gas (LNG) to Ukraine and Eastern Europe.
Analysis from Canadian Climate Institute said changing the energy infrastructure will help reduce emissions and meet Canada’s climate goals.
Saudi Aramco has signed a non-binding heads of agreement (HoA) with NextDecade for a 20-year supply of liquefied natural gas (LNG).
Matador has signed an agreement to acquire a subsidiary of Ameredev II Parent, including oil and gas properties for $1.91bn in cash.
Despite expected production increases, global oil markets are likely to face a supply deficit as 2024 progresses, continuing into 2025.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
