Mozambican President Daniel Chapo expects TotalEnergies SE’s $20 billion liquefied natural gas project to restart as early as this month, reviving a potentially key revenue source for the cash-strapped government.
Mitsubishi has struck a deal with Aethon to buy assets worth $5.2 billion in Texas and Louisiana in what would be the largest Japanese investment in U.S. natural gas production to date.
TotalEnergies has entered a joint study and application agreement with BluEnergies to advance exploration of the Harper basin deepwater fan play offshore Liberia.
The U.S. Treasury Department on Wednesday extended a license by more than a month – until February 28 – for companies to talk with Russian energy company Lukoil (LKOH.MM), opens new tab about buying its foreign assets.
Nigeria’s crude oil production slipped in December from November as Africa’s top producer continues to struggle to pump to its full OPEC+ output quota amid operational challenges in its upstream sector.
Nigeria is betting on green finance to drive its energy transition with the president unveiling plans for a $2 billion climate fund on Tuesday, saying oversubscribed green bonds were proof of investor appetite.
Oil prices settled down around 4% on Thursday, ending a five-day streak of gains after U.S. President Donald Trump said the crackdown on protesters in Iran was easing, allaying concerns over potential military action against Iran and oil supply disruptions.
US President Donald Trump has asked for at least $100bn (£75bn) in oil industry spending for Venezuela, but received a lukewarm response at the White House as one executive warned the South American country was currently “uninvestable”.
US President Donald Trump has asked for at least $100bn (£75bn) in oil industry spending for Venezuela, but received a lukewarm response at the White House as one executive warned the South American country was currently “uninvestable”.
TechnipFMC (London, England) added another line to its U.S. deepwater roster after BP plc (London) awarded it an engineering, procurement, construction and installation contract for the Tiber offshore oilfield development in the U.S. Gulf of Mexico. The project joins a list that includes work for Cenovus Energy Incorporated (Calgary, Alberta) and Shell plc (London) on some of those companies’ heaviest deepwater investments. Industrial Info is tracking more than $17 billion worth of active and proposed projects featuring TechnipFMC’s services worldwide.