Germany has given the green light for drilling as much as 13 billion cubic meters (Bbcm) of natural gas at a protected marine site in the North Sea in a controversial step to bolster energy security following the Russia-Ukraine war and subsequent energy crisis. SourceContinue Reading
HCLTech and Equinor have expanded their IT collaboration to support the next phase of Equinor’s digital transformation. This expanded relationship will cover Equinor’s IT landscape across several key strategic areas. SourceContinue Reading
U.S. shale executives expect to drill significantly fewer wells this year than planned at the start of 2025, as lower oil prices and uncertainty around President Donald Trump’s tariffs hurt profits, according to a Federal Reserve Bank of Dallas survey. SourceContinue Reading
DNO ASA entered into an offtake agreement with France’s ENGIE SA for DNO’s Norwegian gas production and secured a related offtake financing facility with a major U.S. bank for up to $500 million. SourceContinue Reading
Mozambican President Daniel Chapo said his government and private companies will have to collectively ensure the necessary security is in place to enable TotalEnergies to restart construction of a $20 billion gas project that has stalled due to a militant insurgency — and even then, risks will remain. SourceContinue Reading
Chevron Corp. and TotalEnergies SE are competing in Libya’s first energy exploration tender since the 2011 conflict, the country’s state-run oil firm said, as the OPEC member looks to oil majors to help ramp up production to a record. SourceContinue Reading
Cunningham Natural Resources Corp. (CNRC) have announced that Aruna Holdings LLC has acquired 80% of the company. The deal includes a change of name to Surya Oil and Gas Corp. (SOGC), and the licensing and deployment of Surya’s proprietary Kubera™ technology. SourceContinue Reading
The global energy community is set to converge in Dubai on December 10 for a landmark event dedicated to shaping the future of natural gas across the region. The Middle East Gas Conference 2025 will serve as a strategic touchpoint for aligning industry priorities on gas-to-power, while maximizing the region’s economic potential. SourceContinue Reading
The U.S. Senate on Tuesday voted to narrowly approve President Trump’s $3.3 trillion tax and spending package dubbed the ‘One Big Beautiful Bill.’ U.S. energy associations including the API, IPAA, NOIA and EWTC issued separate statements acknowledging the Senate’s decision as a victory for the U.S. oil and gas industry. SourceContinue Reading
LNG Canada has successfully shipped the first export cargo from its newly-constructed facility located in British Columbia, Canada. The plant is the first-of-its-kind in Canada with an annual production capacity of up to 14 million tonnes of LNG. SourceContinue Reading
