News
CNOOC Unveils Major Gas Find in South China Sea
The Lingshui 36-1 gas field is located in the western region of the South China Sea.
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TotalEnergies Expands with New UK Gas-Fired Power Plant Acquisition
TotalEnergies currently has 1.1 GW of installed capacity and 4.5 GW under development in the country.
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Equinor Sells North Sea Gas Field Stake!
The company details that any findings in this license could be leveraged by Eirin's infrastructure and establish a connection to the Gina Krog platform.
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Pemex reduces methane emissions and jeopardizes its fiscal impact
Government revenues from exploration and production could decrease by 84% in a Zero Net Emissions scenario, according to Carbon Track.
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Saudi Aramco started the second day of mass share sales
The company announced the sale of 1,545 million shares on the Saudi stock exchange, setting prices between $7 and $7.70 per share.
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Langeled Pipeline Fix to Slash Norway’s Gas Exports
The pipe will be repaired by Gassco and production will continue normally and with no further news.
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U.S. purchases 3 million barrels of oil to secure Strategic Petroleum Reserve
The US DOE has so far recompleted 38.6 million barrels and will continue to evaluate opportunities to increase the Strategic Reserve.
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Large oil and gas reserves found in South Korea in the East Sea
More than 14 billion barrels of oil and gas. This is equivalent to 300 times greater than the gas discovered in the Donghae gas field.
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Vermont Holds Oil Firms Accountable for Emission Damage Costs
S.259 in Vermont calculates the cost of greenhouse gas emissions from January 1, 1995 through December 31, 2024.
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Repairs to the Sudan pipeline nearly complete, operations to resume soon
Oil accounts for 90% of South Sudan's foreign exchange earnings.
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Norway will not allow oil and gas exploration in Nordland 6 area
In 2022, Norway became Europe's largest gas supplier, surpassing Russia.
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Tellurian sells upstream assets and signs LNG purchase agreement with Aethon Energy
The proceeds from the sale of the assets will enable Tellurian to pay off debt and strengthen its balance sheet in the long term.