Oil and Gas
UK court orders liquidation of 3 refineries of Prax Group
The court approves the judicial dissolution of three key companies of the Prax Group following the request of the Official Receiver.
Latest Oil and Gas News
Oil and Gas
ADNOC Drilling secures $800 million contract for oilfield services
The deployment of advanced technologies, coupled with a strategy focused on sustainable performance, positions ADNOC Drilling as a key player in the future of…
Maritime
Sumitomo starts construction of Shell’s Gato do Mato FPSO in Japan
This first steel cut activates the timeline to production and symbolizes the consortium's commitment to an infrastructure that will enhance deepwater energy production.
Oil and Gas
Equinor expands production in the North Sea with Fram Sør
Fram Sør's CO₂ intensity will be only 0.5 kg per barrel, compared to 16 kg for the industrial average.
Oil and Gas
Glenfarne and PTT close alliance for LNG supply from Alaska to Asia
With this partnership, Glenfarne reserves 50% of the Alaska LNG project's available capacity for sale to third parties.
Oil and Gas
Coastal Bend LNG announces LNG export on the Texas Gulf Coast
The plant will integrate carbon capture and export low-emission LNG from the Texas coast.
Oil and Gas
Vår Energi starts production at FPSO Jotun in Balder field
The Jotun FPSO will provide an additional 80,000 barrels of oil equivalent per day at an operating cost of only US$5 per barrel.
Oil and Gas
Woodside closes sale of Louisiana LNG project to Stonepeak
Woodside continues to explore opportunities with potential new partners interested in being part of the future of LNG in the United States.
Oil and Gas
Equinor and Shell announce Adura, an independent oil and gas producer in the U.K.
The alliance between Equinor and Shell creates a new Aberdeen-based energy company that promises to boost offshore North Sea production.
Oil and Gas
Petrovietnam boosts energy security with new exploitation contract in Block 15-1
The new PSC allows optimizing the installed infrastructure, opening the exploration of new structures and increasing operational efficiency in one of the most critical…
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