Europe’s post-Russian energy system is increasingly being built around Norwegian gas.
Abu Dhabi National Oil Co PJSC (ADNOC) has signed agreements with state-owned Indian Strategic Petroleum Reserves Ltd (ISPRL) and Indian Oil Corp Ltd (IOCL) to support Indian energy security and pursue energy trading collaboration.
OMV AG has begun production at what it says is Austria’s biggest natural gas discovery over the past 40 years, which the company expects will double its output at home when the development reaches capacity.
Some 23 tankers have been spotted around Iran’s principal oil-export hub, the largest cluster to have gathered at the island since the U.S. Navy began a blockade on the country’s ports a month ago, interdicting and seizing ships.
The U.S. Treasury Department has sanctioned 19 vessels and a network of shipping, financial and trading entities tied to Iranian oil, LPG and petrochemical exports, marking a significant escalation in Washington’s campaign to restrict Tehran’s energy revenues amid ongoing conflict in the Middle East.
Kimbell Royalty Partners has agreed to acquire Permian basin mineral and royalty interests from Mesa Royalties in a transaction valued at approximately $147 million, expanding the company’s exposure across the Delaware and Midland basins.
Nigeria should market its crude oil to new buyers as the UAE’s decision to leave OPEC is dislocating the balance that the cartel and the OPEC+ group have been seeking for years, according to Wole Ogunsanya, chairman of the Petroleum Technology Association of Nigeria (PETAN). The official urged Nigeria’s state oil and gas firm NNPC […]
Russia appears to have recently added four LNG carriers to its growing dark fleet of tankers exporting cargoes from the sanctioned Arctic LNG 2 project, a Bloomberg analysis of shipping data showed on Monday.
Asian energy importers are likely to develop a stronger – and lasting – taste for Australian natural gas as they get pressured by a Middle East energy commodity supply shortage. That’s according to one industry executive who sees a bullish future for Australia’s gas exports.
Santos and partner Repsol have achieved oil production from the first phase of the Pikka development on Alaska’s North Slope, the companies announced on Monday.