Angola intends to implement faster exploration concessions from next year as part of a new long-term hydrocarbon strategy that aims to attract investment and stimulate oil and gas production, a senior government official said on the sidelines of an energy conference in Cape Town.The 25-year plan seeks to build on regulatory reforms that have seen oil companies, including TotalEnergies and Eni, recently…
A Ukrainian ex-military officer goes on trial in Germany on Wednesday, accused of organising the secret operation that blew up the Nord Stream gas pipelines in September 2022, severing western Europe from the biggest source of Russian natural gas…
Equinor and Dutch energy company Eneco have signed a five-year agreement for natural gas deliveries from the Norwegian continental shelf to the Netherlands, covering approximately 9 TWh of gas annually and including verified greenhouse gas emissions data…
Oil prices oscillated on Monday as the market considered possible further supplies after US President Donald Trump hailed fresh Russian diesel exports against supply-constricting signals after major attacks on Saudi Arabia.Retracing earlier losses…
More than 160 offshore workers at Apache have backed strike action in a pay dispute that could disrupt operations at seven North Sea assets and potentially affect the Forties Pipeline System, trade union Unite said.The industrial action, which could begin in October…
The US might consider leaving the International Energy Agency if there is no alignment on climate issues, US Energy Secretary Chris Wright said on Wednesday.'We're either going to reform the IEA or we will leave the IEA. My strong preference is that we reform it…
The European Union will maintain its opposition to new oil and gas drilling in the Arctic, a European Commission spokesperson said on Monday, despite Norwegian pressure to drop the EU ban.The EU currently supports a ban on new drilling in the Arctic…
Argentina's government has presented a bill to crack down on companies operating in the Falkland Islands, potentially escalating tensions with the United Kingdom over the territory that is controlled by Britain but claimed by Argentina.The proposal…
National Ocean Industries Association (NOIA) President Erik Milito issued the following statement following House passage of H.R. 5109, the TWIC Efficiency (TWICE) Act:'The TWICE Act directly addresses one workforce bottleneck by creating a…
Oil prices settled $3 higher on Tuesday after shipping industry sources said crude loadings at Saudi Arabia's Red Sea export hub of Yanbu had been suspended and Riyadh had canceled some cargo deliveries to European customers, deepening concerns…
Nigeria could double investment into its energy sector within five years after joining the International Energy Agency, its chief Fatih Birol said on Thursday, as nations seek partners they can 'trust' after supply disruptions from the wars in Iran and Ukraine…
Romania scrambled F-16 fighter jets to destroy a marine drone spotted a few hundred metres from the Black Sea gas project Neptun Deep, Defence Minister Radu Miruta said on Thursday.The incident underscores the growing threat to critical energy…
A new liquid carbon dioxide (LCO2) transfer solution built on proven technology from MacGregor enables the flexible, direct ship-to-well injection needed to support the EU’s carbon capture and storage goals.If the European Union is to meet its objective of net-zero emissions by 2050…
For the Farasan-Madayah Submarine Cable Project, deugro China, deugro Saudi Arabia, deugro Chartering, and the engineers from dteq Transport Engineering Solutions transported almost 110 kilometers of 132 kV CTS submarine cables from China to the Port of Jazan…
ExxonMobil Moçambique, Limitada, on behalf of the Area 4 co-venturers, (ENH, CNPC, ENI, KOGAS and XRG), has awarded approximately US$1.1 billion in pre-investment contracts for critical long-lead upstream equipment supporting the Rovuma LNG Phase 1 development in Cabo Delgado…
