Russian tanker operator Sovcomflot PJSC is set to close its Cyprus-based payment center as a result of sanctions imposed on Russia for its invasion of Ukraine, according to people familiar with the matter. SourceContinue Reading
Romania is moving ahead with a plan to unlock stalled natural gas projects in the Black Sea as Europe searches for new energy resources to cut reliance on Russia following its invasion of Ukraine. SourceContinue Reading
Biden’s administration is dramatically curtailing U.S. public land available for new oil and gas development as it seeks to impose more environmental protections and financial limitations on the activity. SourceContinue Reading
Wood’s scope covers the development of a complete off-grid integrated energy complex to produce ammonia from green hydrogen – avoiding up to 5 million tons of CO₂ annually. SourceContinue Reading
Quantum Energy Partners, one of the largest private-equity players in U.S. shale, is reloading its leadership ranks following the step back of a senior partner earlier this year. SourceContinue Reading
Kazakhstan expects its main oil-export route via Russia to restore full operations in late April, but remains concerned about the possible impact of Western sanctions or shipping problems on the flow of crude. SourceContinue Reading
The North Sea Transition Authority has reminded licensees of the obligation to collaborate effectively and ensure transactions are completed promptly, to support investment in the UK Continental Shelf. SourceContinue Reading
Eni SpA signed a framework agreement to boost flows of liquefied natural gas from Egypt to Italy, as European nations step up efforts to wean themselves off Russian energy in the wake of Moscow’s attack on Ukraine. SourceContinue Reading
As the M&A market marched into the new year, $14 billion in deals were announced during the first quarter of 2022. The $6 billion transacted in January was the strongest M&A market launch in five years. SourceContinue Reading
