ExxonMobil was recently denied a motion to dismiss a lawsuit that claims it breached a Contingent Resource Payment Agreement (CRPA) it held with InterOil, a company with natural gas interests in Papua New Guinea whom Exxon acquired in 2017. SourceContinue Reading

TotalEnergies and Emerson’s Aspen Technology business have announced a strategic collaboration to deploy advanced digital technologies for the continuous, real-time collection of data from TotalEnergies’ industrial sites. SourceContinue Reading

SLB will deploy its Sequestri™ carbon storage solutions portfolio to construct six carbon storage wells in the North Sea for the Northern Endurance Partnership (NEP), an incorporated joint venture between bp, Equinor and TotalEnergies. SourceContinue Reading

Mozambican President Daniel Chapo said he expects to soon conclude talks with TotalEnergies SE over the restart of a $20 billion natural-gas project that halted four years ago because of an Islamic State-linked insurgency. SourceContinue Reading

OFS Portal has launched new membership tiers designed for supplier companies joining for the first time. These flexible tiers help suppliers’ lower costs, streamline compliance, simplify integrations, and standardize e-invoicing with energy operators worldwide. SourceContinue Reading

U.S. Treasury Secretary Scott Bessent said the next round of U.S.-China talks could include a discussion of China’s purchases of Russian and Iranian oil, a signal that the focus could shift from more traditional trade issues to ones that cross over into matters of national security. SourceContinue Reading

Namibia’s former-Minister of Mines and Energy, Tom Alweendo, is spearheading the launch of Alvenco Advisory, a new strategic advisory firm. The launch of Alvenco Advisory comes as Namibia accelerates the development of offshore oil and gas discoveries made in the Orange Basin. SourceContinue Reading

CEPetroleum (CEP) has made a significant oil discovery in its Wolin East 1 well, offshore Poland. CEP estimates the discovery as the largest conventional hydrocarbon field yet found in Poland, and one of the largest conventional oil discoveries in Europe in the past decade. SourceContinue Reading

bp Plc appointed the former boss of a building-materials company as its new chairman, replacing Helge Lund amid pressure for a change in the company’s direction from activist shareholder Elliott Investment Management. SourceContinue Reading

Vår Energi has made a commercial gas and condensate discovery in the Vidsyn exploration well in the Norwegian Sea. The discovery was made on the Vidsyn ridge, which has the potential to hold up to 100 MMboe gross, Vår Energi stated. SourceContinue Reading