British oil major Shell has shelved its Aphrodite offshore gas project in Trinidad and Tobago after disagreements over commercial terms with Trinidad's National Gas Company, three people familiar with the decision said on Monday.Shell had given…
Production has started from the Troll Phase 3 Stage 2 subsea project in the North Sea, adding gas supply to the 30-year-old Troll A platform and the Kollsnes processing plant.The project started production on August 22 and is designed to accelerate…
Shell's net profit more than doubled from last year to $9.84 billion in the second quarter, beating expectations, helped by higher energy prices and increased market volatility during the Middle East conflict.Higher oil and gas prices, stronger…
South Africa's Constitutional Court on Friday blocked offshore exploration led by Shell along the country's pristine Wild Coast, a setback for the oil major after years of legal challenges by local communities and environmentalists.The ruling…
SLB has been awarded a contract by Brunei Shell Petroleum (BSP) to support production restoration from shut-in wells across multiple offshore fields.The contract scope spans subsurface evaluation, well candidate selection, engineering and offshore execution…
Romania scrambled F-16 fighter jets to destroy a marine drone spotted a few hundred metres from the Black Sea gas project Neptun Deep, Defence Minister Radu Miruta said on Thursday.The incident underscores the growing threat to critical energy…
Sub-Saharan Africa’s deepwater production is expected to grow by over 1 million boe/d by 2035 and big-ticket projects taking final investment decisions (FIDs) in 2026 and 2027 will be key to unlocking this.In late January, Equatorial Guinea and Chevron signed-off the Aseng Gas blowdown project…
State-controlled Petrovietnam Gas is sounding out suppliers for a possible tender to procure liquefied natural gas under a five-year contract, according to a document reviewed by Reuters.If agreed, it would be Vietnam's second term contract after a deal with Shell earlier this year…
French oil major TotalEnergies will appoint a new exploration manager in Stavanger, Norway, to examine new projects in the country, its CEO said on Norwegian television on Monday.'The Norwegian continental shelf is a very prolific basin, we see it as having potential for the future…
Norway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as Europe's 'green battery', Energy Minister Terje Aasland told Reuters…
BP has, in partnership with United Arab Emirates firm XRG, and a unit from Qatar's conglomerate UCC Holding secured a licence to explore and develop Venezuela's offshore Loran field's second phase, according to the British company's and government officials' announcements on Thursday…
Following a year of tighter sanctions and Ukrainian attacks on refineries, ports and tankers, Russia’s crude output has fallen further in the second half of 2026, affecting the nation’s crude production outlook. Factoring in these disruptions…
Norway's government will on Monday ask the country's supreme court to overturn a ruling by lower-court judges that found three oilfield development permits invalid due to a lack of climate considerations.The case pits environmental groups against Norway's oil industry…
The Alexandre de Gusmão FPSO, the fifth installed in the Mero field in the pre-salt layer of the Santos Basin, has reached peak production at 180,000 barrels of oil per day (bpd). Mero is the third largest producing field in Brazil, after Búzios and Tupi…
India's top explorer, Oil and Natural Gas Corp (ONGC), hopes to soon sign agreements with Venezuela to operate two oil blocks under the South American nation's new petroleum law, its finance chief said on Wednesday.State-run ONGC, through its overseas investment arm ONGC Videsh…
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