Sinopec discovers 140mt of shale oil at Shengli oilfield in China
China Petroleum & Chemical (Sinopec) has discovered more than 140 million tonnes (mt) of proven geological reserves in the Shengli…
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Shell finalises Pavilion Energy acquisition
Shell Eastern Trading has finalised the purchase of Pavilion Energy, strengthening its position in the liquified natural gas (LNG) market.…
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Phillips 66 completes EPIC NGL acquisition for $2.2bn
US energy company Phillips 66 has completed the acquisition of EPIC Y-Grade GP and EPIC Y-Grade, which operate various subsidiaries and…
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US oil company APA cuts around 300 jobs globally
US oil company APA has confirmed the layoff of nearly 300 employees globally in early 2025 as part of cost-cutting…
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ExxonMobil opposes Colonial Pipeline’s proposed fuel shipping term changes
US oil major ExxonMobil has lodged a formal objection to Colonial Pipeline's proposed amendments to its fuel shipping terms. The…
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Citadel agrees to buy assets from Paloma Natural Gas in $1bn deal
Citadel has made a substantial move into the US natural gas sector with a $1bn agreement to acquire assets from…
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Eni expands gas supply for power generation in Côte d’Ivoire
Eni, in partnership with Petroci, has revealed a major boost in gas volumes from the Baleine upstream project to support…
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Greenpeace ordered to pay nearly $667m for Dakota Access pipeline protests
The North Dakota state court has found Greenpeace liable for nearly $667m in damages following its participation in 2016–17 protests…
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Northwind Midstream raises $700m to fund expansion in New Mexico, US
Northwind Midstream Partners has announced the completion of the issuance of a $700m senior secured first lien term loan. The…
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Venture Global secures US approval to export LNG from CP2 project in Louisiana
Venture Global has been granted non-free trade agreement (FTA) export authorisation by the US Department of Energy (DOE) for its…
