Brazil's Petrobras is weighing opportunities from an oil block auction set to take place this year in India, said the state-run oil firm's head of exploration and production, Sylvia dos Anjos, on Thursday.Petrobras has already collected data…
Woodside Energy Australia’s top gas producer, said on Monday it agreed to sell a 40% stake in its Louisiana liquefied natural gas plant to U.S. infrastructure investor Stonepeak for $5.7 billion.The deal reduces Woodside's capital spending needs…
The United States has revoked two licenses it had granted in recent years for the development of offshore natural gas projects between Trinidad and Tobago and Venezuela, the Caribbean country's prime minister, Stuart Young, said on Tuesday.Trinidad…
Helene Biström, Vattenfall’s Head of Business Area Wind, has decided to step down from the position.Biström will remain in her role to ensure a smooth transition until a successor is appointed.“I truly love my job, and I continue to feel excited about the journey we are on…
Vattenfall has made the final investment decision on the Nordlicht 1 and 2 offshore wind farms in Germany, and has agreed to buy back 49% share BASF is holding in the project.Construction of the Nordlicht 1 and 2 wind farms is planned to begin in 2026…
U.K.-based oil firm Serica Energy has informed that Triton floating production storage and offloading (FPSO) unit is not expected to come back online before May 2025, as the company works on finding a long-term solution to stabilize production with the operator Dana Petroleum…
Amplus Energy Services has entered into a strategic partnership with V.Ships Offshore to oversee the transition of the Petrojarl I, a newly acquired floating production storage and offloading (FPSO) vessel.In February, Amplus finalised the acquisition…
BP plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told Reuters.BP is already working on stemming declining output at producing fields in the Caspian Sea, namely the Azeri–Chirag–Gunashli (ACG) complex of oilfields and the Shah Deniz gas field…
Egypt, which has struggled with declining domestic gas production, plans to lease a German floating gas liquefaction unit, the Egyptian petroleum ministry said in a statement on Tuesday.Egypt, the most populous Arab country, has been seeking…
Petrobras is looking at potential opportunities in Argentina while advancing in projects in Colombia and Africa, the firm's exploration and production head Sylvia dos Anjos said on Tuesday.Gas from the Vaca Muerta region would be interesting to Petrobras as a pipeline connecting Argentina…
Australia's Woodside may push a final investment decision on its Louisiana liquefied natural gas (LNG) plant into the second quarter of 2025 as talks to sell half of the project drag on, CEO Meg O'Neill told Reuters on Monday.Woodside wants to sell as much as 50% of the project…
Fatih Birol, the director of the Paris-based International Energy Agency, said on Monday there is a need for investment in oil and gas fields to support global energy security.The comment puts the energy watchdog for industrialized nations more…
Brazilian state-run oil firm Petrobras will commission four more support vessels by 2026, Chief Executive Magda Chambriard told Reuters, increasing the number of new ships aimed at supporting its operations to 48 by 2026.The reinforcement of…
ExxonMobil’s Australian subsidiary Esso Australia Resources and its partners have announced a nearly $200 million investment in the Kipper 1B project which will bring online additional gas supply from the Gippsland Basin.The project, which was approved by Esso Australia…
Woodside Energy has held talks with several potential buyers of stakes in its Louisiana liquefied natural gas plant, including Tokyo Gas, Japan's JERA and Saudi Aramco-backed MidOcean Energy, multiple sources told Reuters.The timing of the stake…
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