Naftogaz Continues To Be Key Taxpayer in Ukraine: CEO
Naftogaz $2.2 billion in taxes to Ukraine last year, with a further $180.4 million transferred to local budgets.
Eni Joins BlueFloat-Sener Alliance for Offshore Wind in Spain
The expansion raises the alliance's portfolio of floating offshore wind projects in Spain to 1.25 GW.
Eco to Take Over TotalEnergies-QatarEnergy Stake in Guyana Block
Eco now becomes the 100 percent owner of the Orinduik block.
Longitude Bags Engineering Contract for Egypt Subsea Project
The company will to provide detailed design and engineering services for the subsea development at Egypt's West Delta Deep Marine (WDDM) concession, part of the Burullus Gas Field in the Mediterranean Sea.
Petronas Awards PSCs for 6 Blocks Offshore Malaysia
The round is expected to garner more than $0.27 billion (MYR 1.3 billion) worth of capital investment in the country in the form of exploration work activities.
CEO Says Woodside Focused on Value as Santos M&A Talks Continue
'We've now demonstrated that we do have that ability to bring two organizations together and to capture value'.
Crude Settles Above $75 as US Inventories Decline
Oil rose to surpass a key psychological level after US stockpiles declined more than expected.
Trillion Defers Completion of Work Program, Names New COO
Trillion Energy International Inc. has postponed the expected completion of the work program for its SASB gas field offshore Turkiye by three months.
CorEnergy Completes MoGas and Omega Pipeline Sales
Spire has acquired the MoGas and Omega pipeline systems for $175 million.
Texas Upstream Oil Employment Keeps Growing
'2023 was an incredibly solid year for upstream oil and gas job growth'.
Industry Groups Oppose California Green Hydrogen Bill
Several industry and civil groups have voiced concern about proposed legislation in California seeking to mandate that all hydrogen produced in the state be green by 2045.
Diversified Energy Faces Short-Seller Attack From ESG-Focused Snowcap
Diversified Energy Co. is the largest owner of U.S. oil and natural gas wells.
Predictive Maintenance Plays Crucial Role in Oil and Gas
'Technologies, such as AI, machine learning, and the internet of things (IoT) add enormous value to predictive maintenance strategies'.
Ocean Freight Shipping Rates Set to Rise Further
'Carriers are trying to readjust services to make up for the additional sailing time around the Cape of Good Hope'.
Aquaterra Scores 3-Year Contract for Analysis Services in UK
Under the contract, Aquaterra Energy will deliver a comprehensive range of offshore analysis services, including riser and conductor analysis for jack-ups and semi-submersibles.
Optime Scores ROCS Contract for Equinor's Rosebank Field
The implementation of the ROCS on the Rosebank field is scheduled for June 2025 and is the first ROCS contract between the two companies.
Trinidad and Tobago Expects to Develop More Gas Fields with Venezuela
There is an 'open door' for the countries to develop more offshore gas fields that sit on mutual territories.
Aramco Raises Venture Capital to $7.5B
Aramco has injected an additional $4 billion into its global venture capital arm to boost diversification and expansion in new technologies.
Eni, LG Chem Agree to form JV for South Korean Biorefinery
The biorefinery is planned to have a processing capacity of 400,000 metric tons of renewable bio-feedstocks annually.
Woodside, Rice University Ink Five-Year Tech Collaboration
Woodside will provide $12.5 million for the Woodside-Rice Decarbonization Accelerator project.
