A subsea pipeline that would connect Israel's Leviathan gas field to Egyptian liquefied natural gas (LNG) terminals could double Israel's gas export capacity to Egypt, the Israeli energy minister said on Tuesday.Israel started exporting gas…
The consortium behind the Russia-led Nord Stream 2 natural gas pipeline has resumed laying pipes in the waters of Denmark, it said on Saturday, despite mounting pressure on the project from Washington.Construction of the link, which would double…
The United States has told European allies it plans to impose sanctions on a Russian pipe-laying ship, 'Fortuna', involved in construction of the Nord Stream 2 gas pipeline from Russia to Germany, German business daily Handelsblatt reported on Monday…
Italian oilfield services firm Saipem confirms it has secured a contract award to conduct booster compression module (BCM) front end engineering and design (FEED) services for the INPEX-operated Ichthys LNG energy development offshore Australia…
Israel and Lebanon on Wednesday held a second round of U.S.-mediated talks over their disputed sea border that has held up hydrocarbon exploration in the potentially gas-rich area, though sources said gaps between the sides remain large.Delegations from the long-time foes reconvened at a U…
Russian pipe-laying vessel Akademik Cherskiy, expected to be used to finish the Moscow-led Nord Stream 2 gas pipeline, is heading towards the German project hub of Mukran, Refinitiv Eikon data showed on Monday.According to the ship tracking data…
The U.S. Coast Guard said it was responding to a natural gas release from an unmanned production platform approximately three miles offshore of Corpus Christi, Texas, Tuesday.The agency said its watchstanders received a report of white smoke…
Turkey has found significant gas resources in the Black Sea, two Turkish sources said, a discovery which could help the country cut its dependence on energy imports if the gas can be commercially extracted.President Tayyip Erdogan told energy…
Islamist insurgents have captured a heavily-defended port in the far northern Mozambique town of Mocimboa da Praia, close to the site of natural gas projects worth some $60 billion, local media reported on Wednesday.It was one of several attacks…
Chevron Corp's $5 billion offer to acquire Noble Energy emerged after the U.S. oil major first proposed taking a stake of at least 50% in Noble's Eastern Mediterranean natural-gas fields, a proxy filing on Tuesday showed.If consummated, the all-stock merger will boost Chevron's U…
Australia-listed Oil Search Ltd on Tuesday reported a near 30% drop in second-quarter revenue, hurt by a sharp decline in oil and gas prices as demand plunged due to the coronavirus pandemic.The Papua New Guinea-focused oil and gas explorer recorded a revenue of $266…
Australia's Santos said on Tuesday it will book non-cash impairments of up to $560 million after tax, joining a number of global energy majors forced to write down assets after a coronavirus-induced slump in oil prices.The country's second-largest…
The chief executive of U.S. oil giant Chevron Corp on Monday said the uncertainty of the COVID-19 pandemic has it planning for 'choppy' oil prices and economic activity globally.Chevron said on Monday it would buy oil and gas producer Noble Energy Inc for about $5 billion in stock…
Chevron has filed an environment plant to Australian regulators related to the expansion of the subsea gathering network within the existing Gorgon and Jansz–Io offshore gas fields in Australia.Chevron Australia is the operator of the giant Gorgon project…
The drill bit still plays a key role across the region, with exploration increasingly the domain of national oil companiesReports of the death of exploration have been greatly exaggerated. Since the 2014 oil price downturn, the industry has re-imagined exploration…