BP has won its arbitration case against Venture Global over the U.S. supplier's failure to deliver liquefied natural gas under a long-term contract that was due to start in late 2022, Venture Global said on Thursday.The International Chamber…
The U.S. government has granted an authorization for energy major Shell and Trinidad and Tobago to develop an offshore gas field in Venezuela close to the maritime border, Trinidad's attorney general said on Thursday.The prominent project, aimed to supply Trinidad with Venezuelan gas…
Shell expects a $600 million hit in the third quarter from abandoning its biofuels project in Rotterdam, it said on Tuesday while flagging higher liquefied natural gas production and better gas trading results.Shell had approved development of the 820…
Portugal’s Galp has reached a farm-in agreement with KE STP Company, a Shell affiliate, for the acquisition of a 27.5% stake in São Tomé and Príncipe’s Block 4, forming a joint venture with Shell, Petrobras and ANP-STP.With the agreement, Galp expands its presence offshore São Tomé and Príncipe…
MODEC has held a steel strike ceremony for the part of Gato do Mato floating production, storage and offloading (FPSO) unit, which will be deployed at Shell’s field offshore Brazil.The ceremony was held at the COSCO Qidong Shipyard, marking…
The decision by President Donald Trump administration to halt fully permitted offshore wind energy projects is 'very damaging' to investment, President of Shell U.S. Colette Hirstius told the Financial Times in a report published on Sunday.The…
Oner and developer of large-scale midstream oil and gas infrastructure North Sea Midstream Partners (NSMP) has received first gas from Shell’s Victory field in the UK North Sea.The start-up of the Victory field marks the first new gas from the…
QatarEnergy agreed with Shell to acquire a 27% participating interest in a block offshore Egypt from the oil and gas major, it said in a statement on Sunday.QatarEnergy has in recent years acquired stakes in oil and gas basins including in Guyana…
Shell has started production from the Victory gas field in the UK North Sea, located approximately 47 km north-west of the Shetland Islands.Shell is the full owner and operator of the field, whose peak production is estimated at around 150 million standard cubic feet per day of gas…
Liquefied natural gas company MidOcean, backed by EIG and Saudi Aramco, has agreed to buy a fifth of the Petronas venture that holds a 25% stake in Shell-led LNG Canada, MidOcean said on Tuesday.The deal also includes a fifth of Malaysian state…
A tanker carrying liquefied natural gas from Russia's Arctic LNG 2 project has discharged it at a Chinese port, according to data from analytics firms Kpler and Vortexa, continuing supplies despite Western sanctions against the project.The La…
Norwegian subsea services firm Reach Subsea has been granted a trading permit to operate its Reach Remote 1 Uncrewed Surface Vessel (USV) entirely through remote operations - without a support vessel.The permit was issued by the Norwegian Maritime Authorities…
The Kremlin said on Friday that the surviving section of the Nord Stream gas pipelines from Russia to Germany, which were blown up three years ago, could be quickly put into service.'The remaining line is there, it can be launched right now…
Russia is expected to start natural gas production at the new Sakhalin-3 project in the Pacific Ocean in 2028 to supply gas to China and for domestic needs, Russian news agencies said on Thursday, citing the local governor.The governor, Valery Limarenko…
Mozambique President Daniel Chapo said on Thursday that the conditions have been met for French energy company TotalEnergies to lift force majeure on its $20 billion liquefied natural gas (LNG) project in the Southern African country.TotalEnergies…
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