Oil and Gas
Glenfarne and ConocoPhillips Secure Gas Supply for Alaska LNG Phase One
The thirty-year commercial agreement secures the volumes necessary for the final investment decision and the state's energy supply.
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Oil and Gas
Karpowership to Deploy New Floating Natural Gas Power Plant in Mexico
The three-year project with CENACE will provide 250 MW of dispatchable electrical capacity through an integrated liquefied natural gas model.
Oil and Gas
Aker BP receives permission to drill a well in the North Sea
The authorization allows progress on an exploratory well in license 979, operated by Aker BP together with Equinor.
Oil and Gas
U.S. Crude Oil Inventories Fall 9.1 Million Barrels in One Week
API inventories show a sharp weekly decline, while the annual balance still reflects cumulative growth.
Oil and Gas
Vallourec secures contracts with ExxonMobil Guyana and expands line pipe in Brazil
Subsea infrastructure expansion optimizes thermal performance in the Stabroek Block.
Oil and Gas
Japan’s oil imports fall to their lowest level since 1979
Japan recorded its lowest historical level of crude oil imports from the Middle East after the closure of the Strait of Hormuz.
Oil and Gas
Oil Tankers in the Strait of Hormuz Transport 6 Million Barrels to Asia
Three supertankers cross Hormuz with crude oil to Asia amid heightened maritime risks.
Oil and Gas
Navitas Petroleum will take control of Block 1 CBK offshore in South Africa
Navitas Petroleum will take over operations of Block 1 CBK offshore in South Africa's Orange Basin.
Oil and Gas
Equinor agrees to supply gas to Germany for 5 years
The gas supplied by Equinor will have a lower emissions intensity than the alternative sources used by Germany.
Oil and Gas
South Korea and Japan Expand Energy Cooperation Amid Pressure on Asian Markets
South Korea and Japan strengthen energy and security agreements amid international market volatility.
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