Adani Group’s ports arm expands its global maritime footprint with entry into South America; project to support Argentina’s LNG exports to India
Seven OPEC+ members agreed Sunday to lift their combined oil output target by 188,000 barrels per day from July, but analysts say the increase may deliver little actual supply while the Strait of Hormuz remains blocked by the Iran conflict.
The Bank of Ghana Governor, Dr. Johnson Asiama, has expressed confidence that the country has built the required reserves to help withstand oil price shocks.
Private oil refinery firm Sentuo Oil Refinery is expected to receive a significant consignment of crude oil from Ghana’s offshore fields today for local processing.
Nigeria’s Dangote Petroleum Refinery is redrawing fuel trade routes across Africa after a performance test pushed crude processing to 700,000 barrels per day, exceeding its 650,000 bpd nameplate capacity for the first time.
Eni has entered Gambia’s upstream sector after signing a petroleum exploration, development and production license agreement for offshore Block A1 with the Government of The Gambia.
Delfin Midstream Inc announced Wednesday a $5 billion investment to launch a Gulf Coast project that will be the United States’ first floating liquefied natural gas (FLNG) facility.
SBM Offshore has signed an agreement with long-time partner Nippon Yusen Kabushiki Kaisha (NYK) to divest a 45% ownership interest in the special purpose companies responsible for the lease and operation of the FSO Chalchi, which is being developed for the Trion deepwater project offshore Mexico.
MODEC and Norway-based Eld Energy have signed a memorandum of understanding to develop a 1.2-MW power generation system integrated with carbon capture technology for future floating production, storage and offloading vessels (FPSOs).
The U.S. House of Representatives has passed legislation that would extend a key federal program supporting oil and natural gas permitting activities on public lands, drawing support from industry groups that say the measure helps improve permitting efficiency while remaining fully industry funded.