INEOS Energy has started commercial operations at the Greensand project in the Danish North Sea, opening what it describes as the European Union's first full-scale carbon dioxide storage site, with initial capacity of up to 400,000 tonnes per year…
Oil prices fell 2% on Friday, extending losses for a third straight session as easing concerns over Saudi supply disruptions outweighed anxiety about a widening of conflict across the Middle East.Brent crude futures LCOc1 fell by $2.14, or 2%…
Apollo Global Management is exploring strategic options for Energos Infrastructure, in a deal that could value the floating liquefied natural gas infrastructure provider at more than $3 billion, people familiar with the matter said.The investment…
Indonesia has awarded six oil and gas working areas to companies including Eni and Sinopec and opened a second 2026 tender round covering eight more areas as it seeks to expand upstream exploration.Eni Indonesia Limited was selected for the Sapukala working area…
Equinor has signed a long-term agreement to supply liquefied natural gas to Thailand's PTTT, expanding its LNG business in Asia.The company did not disclose the duration of the agreement or the volumes covered by the deal.The agreement will…
Osaka Gas has agreed to acquire a 5% interest in the Browse gas project offshore Western Australia from BP Developments Australia, adding an expected 550,000 tonnes per year of LNG to its procurement portfolio.The Japanese company entered into a sale and purchase agreement through Osaka Gas Browse…
Spinergie, an Intelligence & Operations platform, announced its expansion into offshore logistics with a solution for planning, managing and optimizing personnel and cargo logistics for the offshore energy sector. The platform is designed to…
Argentina's government has presented a bill to crack down on companies operating in the Falkland Islands, potentially escalating tensions with the United Kingdom over the territory that is controlled by Britain but claimed by Argentina.The proposal…
The environmental impact study for South Africa's first proposed offshore wind farm along the country's east coast has stalled, pending new technical information from developers, the consultancy appointed to conduct the assessment confirmed on Thursday…
GLO Marine is targeting revenues of more than USD$57.47 million (€50 million) by 2030 as it prepares to establish a permanent operation in the Middle East and bring its new USD$6.9 million (€6 million) Technology Centre in Romania into commercial operation…
Global LNG prices could shoot higher this winter as Europe holds its lowest stocks in years and North Asian buyers face increased competition with the Strait of Hormuz still closed, executives said at an industry conference this week.Europe…
Golden Software has focused on enhanced usability in the latest version of its Surfer mapping and 3D visualization software package. New and long-time Surfer users will find it is faster and easier to make high-quality subsurface maps that accurately visualize their 3D data sets…
Verlume and SubCtech have signed a memorandum of understanding to jointly develop and deliver integrated subsea power systems and pursue opportunities across the offshore energy and defense sectors.The agreement combines Verlume's subsea power…
Oil prices settled $3 higher on Tuesday after shipping industry sources said crude loadings at Saudi Arabia's Red Sea export hub of Yanbu had been suspended and Riyadh had canceled some cargo deliveries to European customers, deepening concerns…
Çan2 Termik's subsidiary Minerosol Group has signed a 20-year operating and production agreement with Venezuela's PDVSA for the CEMA (Petrokariña) oil field, with a planned investment budget of $381.7 million over the contract period.The agreement…