Van Oord to Build Wilhelmshaven FSRU Jetty
Van Oord has been brought in by FSRU Wilhelmshaven to build an FSRU jetty in Wilhelmshaven, Germany.
CLG Bags New Contract from India's HPCL
The contract for the development of a grassroots integrated hydrocracker and catalytic dewaxing unit and a full catalyst reload of an existing lube oil upgrading program at the Mumbai Refinery.
Kinder Morgan Posts Lower Annual Profit on Higher Interests, Capex
Kinder Morgan saw higher interest expenses and sustaining capital expenditure offset higher activity.
Norway Court Invalidates Approval of Three Oil and Gas Fields
Climate activists won a court case in Norway against the state over development plans for three oil and gas fields.
McDermott Bags Contract for Kasawari CCS Project in Malaysia
McDermott will transport and install an 85-mile pipeline section, a 15,000-metric ton CCS platform jacket, and bridge connecting to the existing central processing platform.
Oil Rises with Equities as Middle East Tensions Grow
Oil rose alongside equities, with the widening conflict in the Middle East adding to crude's gain.
Italy Plans to Sell $2.2B Eni Stake to Reduce Debt
Italy's government is planning the sale of up to four percent of Eni SpA.
Trafigura to Buy Emission Offsets from Occidental CO2 Removal Project
Trafigura agreed to purchase CO2 removal credits from a 500,000 MMtpa project of Occidental in Texas.
Valeura Hits Average Production of 20,420 Bpd in 2023
Valeura posted a pro-forma net oil production of 20,420 bpd for 2023.
BMI Forecasts Henry Hub Price Out to 2028
BMI, a Fitch Solutions company, has projected the Henry Hub gas price out to 2028.
Enbridge, FortisBC Eye Using BC Gas Pipes for Hydrogen
The study will look at the percentage of hydrogen that can be transported safely through gas pipeline infrastructure.
Rebellion Energy Lists Carbon Credits on ACX for Global Access
Rebellion believes its orphan-well-plugging project will drive 'greater worldwide demand for high-quality carbon credits'.
Afreximbank Disburses $2.25B to Nigeria under Oil Payment Loan
Afreximbank arranged a $3.3 billion loan sponsored by the NNPC, meant to help Nigeria pay for crude oil purchases.
Philippines Plans to Explore Oil-Rich Sea Amid China Tension
'I really do think it's quite urgent that we start now'.
Oil Prices Fail to Achieve Significant Momentum
'Excursions outside the $76-79 per barrel range have been brief'.
New BP CEO Pay Revealed
BP announced recently that its board has appointed Murray Auchincloss as BP's new Chief Executive Officer with immediate effect.
Strohm Delivers TCP Jumper for TotalEnergies' Egina Field
Strohm delivered a TCP Jumper to TotalEnergies for a commissioning project involving a water depth of 5,250 feet in West Africa.
Investors Ask Shell to Align Medium-Term Targets with Paris Agreement
A group of investors accounting for about five percent of Shell's share capital urged the British energy giant to revise its medium-term emission reduction targets to align with the Paris Agreement.
Chinese Buyers Turn to Russian ESPO amid High Iranian Prices
Refiners in China have been buying up Russia's ESPO oil faster than usual as a standoff with Iranian sellers over pricing continues.
Total Energy Subsidiary to Acquire Saxon for $37MM
When completed, the acquisition will increase the depth capacity of Savanna Australia's drilling rig fleet, add experienced local personnel, and expand Savanna Australia's customer base.
