Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
ABL Group and PetroSafe have signed an MoU to enhance offshore and onshore asset integrity, safety and marine assurance services across Egypt’s growing energy sector.
Read MessageAMEXHI has backed Mexico’s energy strategy while urging improved competitiveness, regulatory certainty and security to attract oil and gas investment and strengthen energy security.
Read Message'The Moho G discovery, together with the discovery previously made on the nearby Moho F structure, represents recoverable resources estimated at close to 100 million barrels'.
Read Message'The scope of damage has expanded materially,' Rystad Energy warned.
Read MessageOperator Viva expects the blaze at the Geelong refinery, which has a processing capacity of 120,000 bpd, to mainly reduce production for gasoline and aviation gasoline.
Read MessageOil prices are 'holding firm' today 'as the market digests a sharp pullback from war-driven panic levels', Naeem Aslam, Chief Investment Officer at Zaye Capital Markets, said.
Read MessageKim said South Korea will focus on wind and solar power to achieve its goal of reaching 100 gigawatts renewable energy capacity
Read MessagePakistan's army chief landed in Tehran to a warm welcome from officials as he tries to help renew talks between the U.S. and Iran after the two sides failed to clinch a peace agreement in Islamabad.
Read MessageIran war cuts India’s March goods exports by over 7%, hammering key sectors and markets, lifting costs and delaying recovery for months.
Read MessageGoSubsea and Envirent have formed a strategic alliance to combine subsea equipment and ROV tooling rental capabilities, streamlining offshore project execution and improving operational efficiency.
Read MessageThe U.S. has expanded sanctions targeting an Iranian oil shipping network tied to Hossein Shamkhani, aiming to curb crude exports as tensions in the Strait of Hormuz disrupt global supply.
Read MessageStena Drilling has secured a contract from Energean to drill the first deepwater exploration well offshore Greece, targeting Block 2 in the Ionian Sea with the Stena DrillMAX rig.
Read MessageSaipem has secured $400 million in offshore EPCI contracts from Aramco for water injection platforms, pipelines and subsea infrastructure at the Safaniya oil field in Saudi Arabia.
Read MessageOil prices held steady as US inventory draws offset ongoing geopolitical uncertainty in the Middle East.
Read MessageMotor gasoline in the United States is a blend of hydrocarbons and chemicals, with specific formulas varying by region and season. To meet federal air quality standards, the U.S. Environmental Protection Agency (EPA) and state regulators require different formulations, depending on air quality and location, which affect performance, cost, and emissions. In addition, warmer summer...
Read MessageBank of America Corp. saw its customers' spending on gas soar 16 percent in March.
Read MessageOil tanker traffic through the Strait of Hormuz remains at a trickle as the U.S. enforces a retaliatory blockade of Iranian ports.
Read MessageBGN has partnered with CCEC in a joint venture to charter its first LNG carrier, Amore Mio I, under a long-term agreement of up to 16 years, expanding its global LNG shipping capacity.
Read MessageIt will take "a few months for things to come back" once the Strait of Hormuz is no longer effectively closed, Banga said.
Read MessageVår Energi has submitted a PDO for the Goliat gas export project in the Barents Sea, aiming to boost oil recovery, export gas to Hammerfest LNG and extend field life to 2050.
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