Brazil's state-run oil firm Petrobras said on Monday that the government had nominated six individuals as potential members of the firm's board of directors, to be voted on at the upcoming extraordinary general meeting.Five have been nominated…
Spanish renewable energy giant Iberdrola, through its subsidiary ScottishPower, has teamed up with some of the UK's main distilleries and spirits companies and the Port of Cromarty Firth to launch a green hydrogen project in the Highlands.The…
Ministers of Energy of Cyprus, Israel and Greece on Monday signed a memorandum of understanding on Cooperation in relation to the EuroAsia Interconnector Project.The EuroAsia Interconnector is the official EU project developer of the 2,000MW electricity interconnector between Israel…
Ancala Midstream has secured a life-of-field contract to transport and process gas from the Lundin Energy-operated Solveig field located in the Norwegian sector of the North Sea.The first gas from the field is expected in Q3 2021 and will be…
Danish maritime services company Erria has today entered into a three-year agreement with the offshore drilling contractor Maersk Drilling under which it will handle marine warranty survey tasks related to relocation of Maersk Drilling's drilling rigs…
Republican Senator Ted Cruz put a hold late on Friday on President Joe Biden's pick to lead the Central Intelligence Agency to pressure the administration to put tough sanctions on Russia's Nord Stream 2 natural gas pipeline project.The Senate Intelligence Committee last week backed William Burns…
CGX Energy, a Canadian-based oil and gas firm focused on Guyana, expects to spud an exploration well in its Corentyne block in the second half of 2021.In a recent update, CGX Energy said the Kawa-1 exploration is expected to be drilled to a depth of approximately 6…
Yemen's Houthi forces fired drones and missiles at the heart of Saudi Arabia's oil industry on Sunday, including a Saudi Aramco facility at Ras Tanura vital to petroleum exports, in what Riyadh called a failed assault on global energy security…
- Atlantic Gulf & Pacific Company (AG&P) said on Monday its Philippines subsidiary has received the green light to develop a liquefied natural gas (LNG) import and regasification terminal in Batangas Bay, south of Manila.The firm, part owned…
Total's chief executive said on Monday it could take two years for the world economy to recover from the coronavirus pandemic and that oil prices were unlikely to remain at the current high of $70 a barrel.'I am not betting on prices staying at $70 a barrel…
Norway's Aker ASA is establishing a new unit dedicated to investing in bitcoin and blockchain technology, the industrial holding company said on Monday.Seetee AS would initially have a capital of 500 million Norwegian crowns ($58.6 million) and planned to keep its liquid assets in bitcoin…
Brazilian oil company Enauta has launched the bidding process for the FPSO for the full development of the Atlanta field, in the Santos Basin, offshore Brazil.The Atlanta field has been producing oil via Petrojarl I FPSO - an early production system…
Denmark-based offshore drilling company Maersk Drilling has won a one-well contract with Petrogas E&P Netherlands for the harsh-environment jack-up rig Maersk Resolute.The Maersk Resolute will perform well maintenance and drill a side-track…
Marine seismic survey company Shearwater GeoServices said Monday it had won a contract with Total E&P Angola for a 4D monitor marine seismic acquisition survey.Irene Waage Basili, CEO of Shearwater said: 'We have seen a notable increase in interest…
Oil prices jumped about 3% on Friday, hitting their highest levels in over a year, following a stronger-than-expected U.S. jobs report and decision by OPEC and its allies not to increase supply in April.Brent futures rose $2.10, or 3.2%, to $68…
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