Borr Drilling secures oil contracts for $332 million
The new "Arabia I" contract in Brazil represents a significant improvement with an increase of more than 60% in the daily rate over the…
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New Cabinda refinery to come on stream this year
The first phase of the Cabinda refinery will cover 10% of Angola's domestic fuel market before doubling its capacity.
Energean to invest in the Katlan project and support its development
Israel's Ministry of Energy and Infrastructure has granted a 30-year lease for the Katlan area, with a 20-year extension option.
Spain detained Tony Stark ship for fuel spill near Ceuta
The bail imposed on the Tony Stark ship amounts to 120,000 euros, a precautionary measure pending the disciplinary proceedings.
Hudong-Zhonghua delivers first 14,000 m³ LNG carrier to connect river to sea
The Huaihe Nengyuan Qihang is the world's first LNG bunkering vessel designed to operate from river to sea.
Cemvita achieves a historical record in industrial biotechnology that improves the productivity of bioprocesses
In a major technological breakthrough, Cemvita, a company dedicated and specialized in the processing of sustainable oil from waste, achieved historical records in large…
Eni christened the FPSO Petrojarl Kong and the FSO Yamoussoukro for the Baleine project
The Baleine project will be the first upstream project in Africa with zero net emissions.
Woodside to buy Tellurian for $900 million
The 75% premium over Tellurian's closing price on July 19, 2024 is a reflection of the significant progress of the Driftwood LNG project.
PetroChina Pledges to Cut Carbon with New Decarbonization Charter
The Oil and Gas Decarbonization Charter seeks to promote environmentally friendly measures by including the participation of the oil company PetroChina.
Pemex starts oil production in Puk Well in Tabasco
The Puk well has oil potential due to its geographic location and resources available for extraction.