Centrica highlights depleting UK gas reserves amid cold snap
The UK is facing a critical situation as gas reserves dip to "concerningly low" levels amidst plummeting temperatures and a…
13 Jan 2025
Venture Global LNG aims for a $110bn valuation in its IPO
US-based Venture Global LNG is set to formally engage investors for its initial public offering (IPO), targeting a valuation of $110bn, reported Reuters, citing a document and a person familiar…
13 Jan 2025
AGDC and Glenfarne advance $44bn Alaska LNG project
The Alaska Gasline Development Corporation (AGDC) has signed an exclusive agreement with Glenfarne Group to advance the development of the $44bn Alaska LNG Project. Glenfarne will lead and fund the…
13 Jan 2025
Hungary in discussions with allies to counter oil prices after US sanctions
Hungary, which relies heavily on Russian crude oil imported through the Druzhba pipeline, is preparing to hold discussions with regional allies to counteract the economic repercussions of rising oil prices,…
13 Jan 2025
Vedanta secures drilling approval for eco-sensitive Gibbon Sanctuary, India
The Standing Committee of the National Board for Wildlife (NBWL) has sanctioned Vedanta Group's Cairn Oil & Gas to undertake exploratory drilling in the eco-sensitive zone (ESZ) of Gibbon Wildlife…
13 Jan 2025
TotalEnergies begins construction on ArtawiGas25 gas processing facility in Iraq
TotalEnergies, alongside its partners Basra Oil Company and QatarEnergy, has commenced the construction of ArtawiGas25, a new gas processing facility in the Basra region of Iraq, with an investment of…
13 Jan 2025
PETRONAS to develop Hidayah field offshore Indonesia
Malaysia’s national oil and gas company, PETRONAS, through its subsidiary PC North Madura II, has made a final investment decision (FID) on the Hidayah field development in the North Madura…