ADNOC has signed a sales and purchase agreement with Japanese utility Osaka Gas under which it will supply up to 800,000 tonnes per year (tpy) of LNG over 15 years, ADNOC announced on Thursday.
Petrobras announced 9.1 billion reais ($1.6 billion) in dividends on Wednesday that trailed estimates after a surprise loss in the fourth quarter.
Oxford Flow has secured an order valued at nearly $1 million USD for its ES stemless axial flow valves. The order from bp is a significant milestone in Oxford Flow’s expansion in the U.S market, and marks the company’s largest order to date.
American Petroleum Institute (API) President and CEO Mike Sommers addressed the Economic Club of Pittsburgh where he discussed rising electricity demand driven by the artificial intelligence (AI) revolution and detailed policy solutions for the Trump administration and new Congress to power America’s energy future.
Sonatrach and Sinopec International Energy Investment (HK) Holding have signed a hydrocarbons PSC worth USD 850 million for exploration and development in Algeria, the Algerian NOC announced.
The Minister of Energy and Green Transition, John Abdulai Jinapor, acting on the orders of President John Dramani Mahama, has withdrawn the controversial Unitisation Directives imposed by the Akufo-Addo government on April 9, 2020, October 14, 2020 and November 6, 2020
Last week, U.S. President Donald Trump unveiled the National Energy Dominance Council that is tasked with enhancing America’s energy security and cutting reliance on foreign entities.
Iraq is committed to increasing investment in its gas sector as a key driver for economic growth, according to Oil Minister Hayan Abdul Ghani recently.
Global LNG demand will increase by around 60% by 2040, driven by economic expansion in Asia, emissions reductions in heavy industry and transport, and the growing impact of AI, Shell has forecast in its LNG Outlook 2025.
Eni has signed three collaboration agreements with Emirati companies to develop data centres, enhance renewable energy transmission between Albania and Italy, and strengthen critical minerals supply chains, the Italian company said on Monday.