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Venture Global and Edison put LNG arbitration battle behind them

Against the backdrop of the geopolitical upheaval caused by the Middle East conflict, Venture Global, an American producer of liquefied natural gas (LNG) sourced...

Minister of marine and blue Economy seeks EU’s collaboration to tackle maritime crimes

The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, has called for deeper collaboration with the European Union (EU) to address emerging maritime...

CBN allows IOCs to repatriate 100% of export proceeds

The Central Bank of Nigeria has reversed its policy of cash pooling requirements for International Oil Companies operating in Nigeria, allowing the IOCs to...

Petrobras augments oil arsenal as it strikes black gold in Brazilian waters

Brazilian state-owned energy giant Petrobras has made a new oil discovery in the pre-salt of the Campos Basin off the coast of Brazil.Petrobras has...

BluEnergies secures five-year lease in SS-59 block from BBG2 lease sale

The company says it can profitably develop the Crown Royal prospect, originally drilled by Texaco in 1987BluEnergies Ltd., a Canadian-based E&P firm, says that...

Philippine carriers cut flights, secure fuel as government declares emergency

The Philippines has become the first country to declare a national state of energy emergency amid escalating Middle East tensions, prompting its airlines to...

Middle East crisis brings ‘temporary suspensions’ to some ADES rigs

ADES International, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has confirmed suspensions of operations for multiple rigs...

SBM Offshore’s FPSO deal with ExxonMobil opens FEED gate for Guyana’s oil project

Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has been entrusted with the front end engineering and...

Valaris drillship spins the drill bit at Equinor’s $9 billion Brazilian gas project

Norway’s state-owned oil and gas giant Equinor has kicked off drilling activities at its natural gas project off the coast of Brazil with a...

Qatar LNG Exports Cut 17% After Missile Strikes, $20B Revenue Loss Expected

QatarEnergy has confirmed that missile attacks on its Ras Laffan Industrial City have reduced the country’s liquefied natural gas (LNG) export capacity by about...

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