US oil and gas rig count hits lowest level since December 2021
The number of operational oil and gas rigs in the US has decreased for the third consecutive week, reported Reuters, …
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Leading Strategic Intelligence Solutions for the Offshore Oil and Gas Industry
Leading strategic intelligence solutions for the offshore, oil and gas industry: Introduction For many companies in various industries, the need for …
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US DOE awards $5m methane emissions reduction contract to Kuva Systems
Methane emission reduction solutions provider Kuva Systems has been granted a $5m contract by the US Department of Energy's (DOE) …
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Argent LNG agrees to supply Bangladesh with up to 5mtpa of LNG
US-based Argent LNG has signed a heads of agreement to supply Bangladesh with up to five million tonnes per annum (mtpa) …
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JERA intends to increase LNG imports from US to diversify supply sources
Japan’s LNG buyer JERA is set to expand liquefied natural gas (LNG) imports from the US to diversify its supply …
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Equinor awards preliminary design contracts for stalled Bay du Nord project
Equinor has initiated preliminary work on the Bay du Nord oil project in the Canadian province of Newfoundland and Labrador, …
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ExxonMobil, Qatar Energy start drilling for natural gas in Cyprus
ExxonMobil, in partnership with Qatar Energy, has commenced exploratory drilling for natural gas off the coast of Cyprus, indicating Europe's …
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Tengizchevroil begins production at 3GP facility in Tengiz oilfield, Kazakhstan
Tengizchevroil, a 50%-owned affiliate of oil producer Chevron, has commenced crude oil production from the third-generation plant (3GP) at its …
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Gran Tierra Energy unveils 2025 budget, 44% production growth forecast
Gran Tierra Energy’s 2025 capital budget and production guidance forecasts capital expenditure of between $240m (C$343.91m) and $280m. It expects cash …
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O&G 2025: Our GD analyst annual outlook
Demand forecasts converge in 2025. China and non-Organisation for Economic Co-operation and Development (OECD) growth, Europe transition, and US shift …
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Petrobras begins binding phase for sale of 25% stake in Tartaruga field
Brazilian state-controlled company Petrobras has begun the binding phase of selling its 25% minority stake in the exploration, development and …
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ConocoPhillips takes over operatorship of Kebabangan Cluster PSC in Malaysia
Malaysia’s state-run oil company, Petronas, has completed the official transfer of its operatorship for the Kebabangan Cluster production sharing contract …
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Trump’s IRA funding suspension applies to programmes hindering fossil fuel development
The White House has announced that President Donald Trump's recent executive order, titled 'Unleashing American Energy' to halt the disbursement …
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Kirkland & Ellis leads as 2024’s top M&A legal adviser in oil and gas sector
Kirkland and Ellis secured the top position as the leading mergers and acquisitions (M&A) legal adviser in the oil and …
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Citi and Jefferies emerge as top oil and gas M&A financial advisers in 2024
Citi and Jefferies topped the list of financial advisers for mergers and acquisitions (M&A) in the oil and gas sector …
