
US revokes licences for Trinidad-Venezuela offshore gas projects
The US has revoked two licences granted for the development of offshore natural gas projects between Trinidad and Tobago and Venezuela.

The US has revoked two licences granted for the development of offshore natural gas projects between Trinidad and Tobago and Venezuela.

MariEnergies has announced a significant oil discovery at its Shawal-1 well, located in the Mari Development & Production Lease (Mari D&PL) in Sindh Province, Pakistan.

Borr Drilling has secured new contract commitments for three of its premium jack-up rigs, marking significant fleet updates.

Shell has revised its first quarter liquefied natural gas (LNG) production outlook, citing the impact of adverse weather and unplanned maintenance in Australia.

Vallourec has secured a significant award to supply Oil Country Tubular Goods (OCTG) to Sonatrach, Algeria’s national oil and gas company.

Chinese buyers of liquefied natural gas (LNG) are increasingly reselling US-sourced cargoes as the impact of tariffs significantly raises import costs.

Occidental Petroleum (Occidental) and its subsidiary 1PointFive have secured Class VI permits from the US Environmental Protection Agency for the STRATOS Direct Air Capture (DAC) facility in Ector County, Texas.

The African Export–Import Bank (Afreximbank) has earmarked $3bn to finance the purchase of refined products within Africa.

MariEnergies has announced a significant gas discovery at the Mari Ghazij-1 exploration well, located in the Mari Development & Production Lease (Mari D&PL) area in Sindh Province, Pakistan.

The US is set to hold an oil and gas lease sale in the Gulf of America which is expected in June this year, continuing plans initiated by the Biden administration.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.