Aramco Ventures, the venture capital arm of Saudi Aramco, has joined international hardware and energy investors in a seed funding round to back the direct air capture (DAC) technology developed by German firm Ucaneo, the companies announced on Tuesday.
The United States Department of Energy (DOE) on Monday granted a five-year deadline extension for Delfin LNG LLC to begin exports under its non-FTA permit.
Genel Energy plc has signed agreements to enter into the Block 54 exploration and production sharing agreement (EPSA) in the Sultanate of Oman.
Latest analysis from Westwood Global Energy Group, the specialist energy market research and consultancy firm, reveals the extent of financial and logistical hurdles for North Sea decommissioning
The tightened U.S. sanctions on Iranian oil flows under the Trump Administration’s renewed maximum pressure campaign have created chaos in Iran’s oil exports to its single biggest buyer, China.
Operations at Saudi Arabia’s Jafurah shale gas field – the country’s largest unconventional non-oil associated gas site and arguably one of the biggest outside the U.S. – will begin this year, according to a comment last week from Saudi Aramco’s president and chief executive officer, Amin Nasser.
Russia is to restart its key oil and gas operations in the semi-autonomous Kurdistan Region of Iraq (KRI) according to recent comments from its Energy Minister Sergei Tsivilev.
Whitecap Resources and Veren have agreed to merge in a US$10.4 billion (C$15 billion) deal that will create a leading Canadian light oil and condensate producer, the companies said on Monday.
Evolution Petroleum Corporation said it is acquiring non-operated oil and natural gas assets in New Mexico, Texas, and Louisiana for a total purchase price of $9 million, subject to customary closing adjustments.
Naftogaz Group and ORLEN SA have signed a memorandum of cooperation in the liquefied natural gas (LNG) sector to help Ukraine diversify its energy supply.