Former Cairn Energy CEO Simon Thomson has joined Alder as senior adviser, bringing more than two decades of leadership experience across the global oil and gas sector. SourceContinue Reading
bp has signed three production sharing contracts in Indonesia, expanding its upstream portfolio near the Tangguh LNG project in Papua Barat and adding participation in the Barong block offshore East Java. SourceContinue Reading
The U.S. Treasury has sanctioned 19 vessels tied to Iranian crude, LPG and petrochemical exports in a major escalation of Washington’s crackdown on Tehran’s shadow fleet and oil revenue networks amid ongoing Hormuz disruptions. SourceContinue Reading
Treasury targets tanker operators, exchange houses and shadow banking networks tied to Iranian crude, LPG and petrochemical trade amid escalating pressure on global energy flows. SourceContinue Reading
Vulcan Completion Products has launched the PROBE MAGMA-SEAL casing shoe system, an HPHT well construction technology designed for high-pressure fracturing and completion operations. SourceContinue Reading
Tecnofink and CorrosionRADAR have partnered to introduce corrosion under insulation monitoring technology to Brazil, targeting improved asset integrity and maintenance planning across industrial and energy infrastructure. SourceContinue Reading
The U.S. Senate has confirmed former Congressman Steve Pearce as director of the Bureau of Land Management, a move welcomed by oil and gas groups seeking expanded federal leasing and permitting activity. SourceContinue Reading
Kimbell Royalty Partners has agreed to acquire $147 million in Permian basin mineral and royalty interests from Mesa Royalties, expanding its exposure across the Delaware and Midland basins. SourceContinue Reading
GAZ-SYSTEM has launched the FSRU vessel for Poland’s first floating LNG terminal in the Gulf of Gdańsk, a project expected to add more than 6 Bcm per year of regasification capacity by 2028. SourceContinue Reading
NATO members are discussing a possible mission to help protect commercial shipping through the Strait of Hormuz if the waterway remains blocked, as ongoing disruption continues pressuring global oil and LNG markets. SourceContinue Reading
