Germany is planning to allocate €1.5 billion to establish a strategic natural gas reserve with a capacity of 2.3 billion cubic meters, AzerNEWS reports, citing Reuters.
Petronas Suriname E&P has made two new discoveries and appraised the Roystonea oil find in Block 52 offshore Suriname
The premiers of Alberta and Ontario unveiled a proposed 3,300 km pipeline to transport oil from Western Canada to refineries in southern Ontario.
Shell PLC (LSE:SHEL, NYSE:SHEL) shares jumped over 2% after it said stronger trading and improved refining margins should support second-quarter performance, although production has been hit by disruption to output from Qatar following the war in the Middle East.
Superior Energy Services has entered into a definitive agreement to acquire Sonic Holdings, LLC, expanding its production equipment and wellsite services portfolio with the addition of a provider of electric feed-through technologies, drilling wellheads and aftermarket services.
Argent LNG has awarded GIS Engineering a contract to provide marine, environmental and site engineering services supporting federal permitting for the company’s proposed 25-MMtpa LNG export terminal at Port Fourchon, Louisiana.
Indonesia Energy Corporation (IEC) has begun operations on the K-29 well, marking the start of its planned two-well drilling campaign at the Kruh Block in Indonesia.
bp has agreed to sell its non-operated interest in the Bay du Nord project offshore Newfoundland and Labrador, Canada, to operator Equinor, continuing its strategy of simplifying its upstream portfolio and focusing capital on higher-value opportunities.
Senegal’s Sangomar oil project has produced about 18 million barrels so far this year, document says
Oil production at Senegal’s Sangomar offshore field operated by Australia’s Woodside Energy Group reached 17.9 million barrels for the year by the end of June, the energy ministry said on Monday.
ProvidusUnity Bank, in partnership with US-based Regions Bank, has convened a high-level roundtable to expand access to financing for Nigeria’s oil and gas industry, reinforcing both institutions’ commitment to supporting growth across the country’s energy value chain