Perenco has completed its acquisition of the Greater Angostura producing oil and gas assets and associated production facilities from Woodside Energy in Trinidad & Tobago, the company announced Friday. The finalization of the deal, combined […]
Russia, the holder of world’s largest gas reserves, has diverted oil supplies from Europe to India and China since the start of the conflict in Ukraine in February 2022. At the same time, Russia’s diversification […]
ASTM International is developing a standard (WK92298) that will provide a procedure to measure the rate of evaporation of oil over time and with temperature, the company announced. The test method aims to measure the […]
*Afieyegha Seiyefa, a fisherwoman shows her hands stained by oil, following an oil spill at Santa Barbara in Nembe, in Bayelsa, Nigeria, November 25, 2021. Picture taken November 25, 2021. REUTERS/Temilade Adelaja – Strengthen climate […]
Mach Natural Resources today announced its expansion into the Permian and San Juan basins with two acquisitions valued at a total of $1.3 billion. The assets purchased from Sabinal Energy and IKAV Energy will nearly […]
*Gimi FLNG vessel – Joins AEW 2025 as Gold Partner Cape Town, South Africa — Golar LNG has officially announced that its FLNG Gimi vessel has reached its Commercial Operations Date (COD) under the 20‑year lease-and-operate agreement […]
*People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. – […]
The American international oil and gas company Hess (Suriname II) Exploration Limited (Hess) will relinquish Block 59 in offshore Suriname on 8 July 2025. The block will return to Staatsolie and become part of the […]
(Bloomberg) — Kuwait’s state energy company said OPEC+’s latest super-sized supply hike and recent interactions with customers suggest persistent demand growth beyond the summer driving season. “We’re seeing some potential tightness in […]
*Trucks loading petroleum products at the Dangote Refinery. Lagos — Nigeria’s Dangote petroleum refinery will construct storage tanks in Namibia to hold at least 1.6 million barrels of gasoline and diesel to supply refined fuel […]
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