President-elect Donald Trump has promised to maximize U.S. oil and natural gas production - already at record highs - in part by clearing away what he deems as unnecessary regulation and bureaucracy.Here are some of the energy-related executive…
Asian spot liquefied natural gas (LNG) prices rose this week to a one-month peak, as the expiry of a transit deal for Russian gas through Ukraine caused uncertainty in Europe's gas outlook.The average LNG price for February delivery into Northeast Asia LNG-AS was $14…
Equinor's Hammerfest LNG plant in Arctic northern Norway has suffered an unexpected outage due to a compressor failure, halting all output for one week, according to a regulatory statement on the Gassco web site on Thursday.The Hammerfest plant…
The United States issued fresh sanctions on Wednesday on several Russia-based entities over their involvement in the Nord Stream 2 gas pipeline, the State Department said, including new measures against the operator of the project.The U.S. State…
U.S. natural gas futures edged up about 1% on Thursday on near record flows to liquefied natural gas (LNG) export plants and forecasts for colder weather and higher heating demand over the next two weeks than previously expected.Also supporting U…
Brazilian oil and gas firm Brava Energia has concluded the acquisition of the 23% stake held by QatarEnergy Brasil in the Abalone, Ostra and Argonauta oil fields, which form the Parque das Conchas in the Campos Basin.The transaction value, disregarding adjustments…
Shell is stepping back from new offshore wind investments and is splitting its power division following an extensive review of the business that was once seen as a key driver of the company's energy transition strategy.The changes are part of…
Total exports of Russian gas to European countries have so far been 18-20% higher this year than in 2023, Deputy Prime Minister Alexander Novak said on Wednesday.In January to November, supplies of pipeline gas and liquefied natural gas (LNG) exceeded 50 billion cubic metres…
Oilfield services company TechnipFMC has secured a contract with Shell’s subsidiary, Shell Nigeria Exploration and Production Company Limited (SNEPCo) to supply its Subsea 2.0 production systems for the Bonga North development offshore Nigeria…
In 2024, Equinor’s Troll field in the North Sea produced more gas than ever before, while significantly reducing CO2 emissions.The Troll field in the North Sea has set a historic production record, delivering 42.5 billion standard cubic metres of natural gas in 2024…
Saipem, in consortium with KOA Oil & Gas and AVEON Offshore, has been awarded a new offshore contract by Shell Nigeria Exploration and Production Company Limited (SNEPCo) for the Bonga North Project.The project is related to the tieback of wells to the existing Bonga floating production…
Oil prices edged up to a 12-week high on Monday as a winter storm boosted demand for energy to heat U.S. homes and businesses, and on support from a weaker U.S. dollar and expectations of tighter sanctions on Iranian and Russian oil exports…
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell, has made a final investment decision (FID) on Bonga North, a deepwater project off the coast of Nigeria.Bonga North will be a subsea tie-back to the Shell…
Shell said on Thursday its unit has made a final investment decision to add two wells at the Perdido platform in the U.S. Gulf of Mexico to boost production.The Shell unit, which operates the Perdido platform, said the two wells are expected to produce up to 6…
British oil and gas major Shell on Tuesday settled a London lawsuit it brought against environmental group Greenpeace after activists boarded a Shell oil production vessel last year.Greenpeace said it had agreed to pay 300,000 pounds ($382,650) to the Royal National Lifeboat Institute (RNLI)…
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