Eni has started up Phase 2 of its Congo LNG project ahead of schedule, following the arrival of the Nguya floating liquefied natural gas (FLNG) unit into Congolese waters and the introduction of gas into the new infrastructure.Eni said it expects the first LNG cargo to be exported in early 2026…
Harbour Energy, a North Sea-focused producer, said on Monday it expected to cut 100 offshore jobs as part of an organisational review of its UK business.Lower commodity prices and an uncompetitive tax regime have pressured the UK oil and gas sector…
Shell U.K. Limited, a subsidiary of Shell and Equinor UK Limited, a subsidiary of Equinor, completed a deal to combine their UK offshore oil and gas operations to form a new company, described as the largest independent producer in the UK North Sea…
European countries are loosening their strict opposition to new oil and gas drilling, reversing years of climate-driven resistance to fossil fuels as governments seek to reduce a heavy reliance on costly energy imports, including from the U…
Mubadala Energy and PLN Energi Primer Indonesia (PLN EPI) have signed a heads of agreement to supply gas from the Andaman Sea as part of efforts to strengthen Indonesia’s energy security.The agreement establishes a framework for supplying cleaner…
Shell is ready to invest more in Italy to boost hydrocarbon production, the head of the energy group's Italian unit said on Wednesday, urging the government to allow new drilling.Shell currently spends some 500 million euros ($578 million) a year in Italy…
Britain's decision to issue more than two dozen oil and gas exploration licences was lawful, London's High Court ruled on Friday, dismissing a challenge by campaigners who said the government failed to consider the impact on climate change.Marine…
Britain will allow some new oil and gas production on or near existing fields, the government said on Wednesday, easing its stance on new licences while dashing oil and gas producers' hopes for an early end to windfall taxes on their sector…
Lebanon and Cyprus signed a long-awaited maritime demarcation deal on Wednesday, paving the way for potential exploration of offshore gas fields and energy cooperation in the Mediterranean.Lebanese President Joseph Aoun and Cypriot President…
Thousands of U.K. jobs and billions in future tax revenue are at risk unless the government reforms the Energy Profits Levy (EPL), industry group Offshore Energies UK (OEUK) said ahead of the Autumn Statement.OEUK said statistical modelling…
U.S.-based Venture Global and Japan’s Tokyo Gas have signed a new long-term liquefied natural gas (LNG) sales and purchase agreement (SPA).Under the SPA, Tokyo Gas will procure 1 million tonnes per annum (MTPA) of LNG from Venture Global for 20 years…
French oil major TotalEnergies will relocate its floating LNG storage and regasification unit currently stationed in northwest France, it said on Tuesday.The FSRU, which has a capacity of 5 billion cubic metres, or 10% of French gas demand,…
Egyptian President Abdel Fattah el-Sisi met Eni CEO Claudio Descalzi to review the Italian group's investments in the African country and discuss new initiatives, the energy company said on Tuesday.Eni, which is the operator of Egypt's offshore gas field Zohr…
Timor-Leste’s Ministry of Petroleum and Mineral Resources and Woodside Energy have signed a cooperation agreement to advance studies for a Timor-based liquefied natural gas (LNG) development concept for the long-stalled Greater Sunrise fields…
Drydocks World has completed the full conversion and integration of the EMEM Floating production storage and offloading (FPSO) unit, delivering a key offshore asset to support production at Nigeria’s Okwok field.The FPSO, converted from double-hulled tanker…