Oil and gas company

Oil & Gas Trade

Chevron Acquires Pdc Energy, Creating the Largest Oil & Gas Business in Colorado

Denver-based PDC Energy has been acquired by Chevron Corporation, creating Colorado's largest oil and gas company. The deal comes three years after Chevron …

LNG

BP and OMV Ink Long-Term LNG Supply Agreement

UK-headquartered energy major BP and Austria’s integrated oil and gas company OMV have signed a long-term sale and purchase agreement (SPA) for the supply…

Oil Price

Shell's Profits Tumble 56% To $5 Bln as Energy Prices Cool

The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, …

Oil & Gas Trade

Iraq, Totalenergies Sign a $27 Billion Deal for Energy Projects

The logo of French oil and gas company TotalEnergies is seen on an oil tank at TotalEnergies fuel depot in Mardyck near Dunkirk, France, January 16, 2023. REUTE…

Offshore Wind Power

Fossil Fuel Dinosaurs Spot Major Opportunity in Australian Offshore Wind

Image: OrstedThe ASX-listed Beach Energy oil and gas company is considering a strategic pivot into Australian offshore wind development, and has tied up with le…

Offshore Wind Power

Australian Oil and Gas Company Beach Makes Move Into Offshore Wind

Image: EDF Renewables.Australian oil and gas company Beach makes move into offshore windShareTweetAustralian oil and gas company Beach Energy has made its first…

Hydrogen Production

OMV Petrom Receives Funding for Hydrogen Production Facility in Romania

Romanian oil and gas company OMV Petrom has secured financing of up to EUR 39 million under the National Recovery and Resilience Plan for the construction of a …

LNG

Qatarenergy Awards A US$10BN EPC Contract for North Field South LNG Project (Qatar)

Qatar state-owned oil and gas company QatarEnergy has awarded a US$10bn engineering, procurement, and construction (EPC) contract for the North Field South (NFS…

Oil & Gas Trade

SINOPEC, Kazakh Firm Kazmunaygas to Co-develop Polyethylene Project

China Petrochemical Corp, or Sinopec, together with KazMunayGas, a state-owned oil and gas company in Kazakhstan, will develop the biggest polyethylene project …

Floating Offshore Wind

Three Players Pursuing Floating Offshore Wind Opportunities at Barents Sea Oil Field

Norwegian oil and gas company Vår Energi has entered into a collaboration with a consortium consisting of Odfjell Oceanwind and Source Galileo to explore …

Crude Oil

UK Oil & Gas Firm Gets More Time for Acquisition of North Sea Discovery

UK-headquartered oil and gas company Quattro Energy Limited has experienced a delay in the acquisition of United Oil & Gas’ license in the Central North S…

Oil&Gas Drilling

Green Light for Wintershall Dea to Kick off Drilling Ops With Transocean Rig

Germany’s oil and gas company Wintershall Dea has received consent from the country’s offshore safety regulator for exploration drilling in the Norw…

Offshore Wind Power

N-Sea to Connect German Offshore Wind Farm to Dutch Gas Platform

Dutch upstream oil and gas company, ONE-Dyas, has awarded N-Sea with a contract to install a subsea power cable between the Riffgat offshore wind farm in the Ge…

Oil Exploration

DNO Ready to Deploy Well Intervention Vessel at North Sea Field

Norwegian oil and gas company DNO has received consent from the country’s offshore safety regulator to use one of Island Offshore’s mobile offshore …

LNG

Perenco Achieves Fid for Gabon LNG Facility

Independent oil and gas company, Perenco, has announced that it has taken a final investment decision for a 700,000-ton Liquefied Natural Gas facility in Gabon,…