ADNOC has signed a second Sales and Purchase Agreement (SPA) for the lower-carbon Ruwais liquified natural gas (LNG) project, with Malaysia’s Petronas. The 15-year SPA is for supplying 1 million tonnes per annum (mtpa) of LNG. SourceContinue Reading

BP Merges Offshore Wind Business in $5.8 Billion Joint Venture With JERA | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Dec 09, 2024, 8:30 AM CST BP has decided to...Continue Reading

Kuwait’s Oil Firm Looks to Boost Indonesia Offshore Exploration | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Dec 09, 2024, 7:30 AM CST Kuwait Foreign Petroleum Exploration Company (KUFPEC) plans...Continue Reading

Equinor Exits Nigeria and Azerbaijan With $2 Billion of Asset Sales | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Dec 09, 2024, 6:30 AM CST Equinor has exited the upstream...Continue Reading

Nuclear Power Wouldn’t Be a Cost-Effective Solution for Australia | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Dec 09, 2024, 5:15 AM CST The possibility of Australia using nuclear power...Continue Reading

Saudi Arabia Cuts Oil Prices for Asia as Demand Concerns Persist | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Dec 09, 2024, 4:00 AM CST Saudi Arabia has cut the official selling...Continue Reading

Oil Prices Jump on Geopolitical Uncertainty but Demand Concerns Remain | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Dec 09, 2024, 2:36 AM CST Crude oil prices began trade this week with...Continue Reading

Oil Prices Rise as Islamists Rebels Take Over Syria | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Dec 09, 2024, 1:36 AM CST An alliance of Islamist rebels has taken over Syria, with President Bashar Assad fleeing the country for Russia. Per media reports, world...Continue Reading

Can Europe Afford Its Energy Transition? | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Dec 08, 2024, 6:00 PM CST A new report estimates the EU’s green transition could cost €1.3 trillion...Continue Reading

Aramco has signed a shareholders’ agreement with Linde and SLB, paving the way for development of a Carbon Capture and Storage (CCS) hub that is expected to become one of the largest globally. SourceContinue Reading