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World Oil News
The U.S. has imposed sanctions on seven liquefied natural gas carriers linked to Russia, including vessels believed to have loaded at its newest export facility in the Arctic region. Source
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BP Berau Ltd. (bp) and Chubu Electric Power have expanded their collaboration to explore a carbon capture and storage (CCS) value chain between Japan’s Port of Nagoya and the Tangguh field in Papua Barat, Indonesia. Source
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Eni has received approval from Indonesian authorities for the development of two major gas fields, Geng North and Gehem, in the Kutei basin. The approval includes a 20-year extension for the Ganal and Rapak licenses. Source
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Haitian-American oil tycoon Emmanuel Fritz Paret, CEO of Paret Mining LLC, has acquired a 10,000-acre oil reserve in Bowling Green, Kentucky. Source
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Senegal’s government set up a commission to examine natural-resource contracts awarded to foreign investors and establish whether they comply with the West African nation’s laws, Prime Minister Ousmane Sonko said. Source
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The well, drilled by the Transocean Norge rig, encountered estimated recoverable volumes between 30 million and 140 million barrels of oil equivalent (MMboe). Source
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Halliburton Co., the world’s biggest provider of fracing services, said it’s alerting customers and other stakeholders after an unauthorized third party gained access to some of its systems. Source
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This move is part of bp’s broader strategy to cut emissions and enhance efficiency through advanced infrastructure, including the development of centralized processing facilities and innovative drilling technologies. Source
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Enbridge Inc. Chief Executive Officer Greg Ebel has played a major role in the company’s transformation from an oil-focused pipeline operator into a sprawling enterprise with businesses touching all forms of energy.  Source
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The G-18-AP permit is offshore from Onslow, Western Australia, and covers an area of approximately 8,467 km2 with water depths of 50-1100 m. The permit area will be evaluated as part of a hub for storing third party emissions, including those from Chevron’s operated LNG assets. Source
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