ABL will support Esso Australia’s Bass Strait offshore decommissioning campaign, a project targeting removal of up to 13 aging offshore platforms as part of Australia’s largest offshore abandonment effort. SourceContinue Reading
bp has removed Chair Albert Manifold with immediate effect following governance oversight and conduct concerns raised by the company’s board, naming Ian Tyler as interim chair while a permanent successor search begins. SourceContinue Reading
Eni and its partners have approved the Baleine Phase 3 offshore development in Côte d’Ivoire, a project expected to raise oil production to 150,000 bopd and expand domestic natural gas supply through a new FPSO installation. SourceContinue Reading
Dalhousie University has launched a second industry participation round for Nova Scotia’s subsurface energy research program as the province continues evaluating the potential of onshore natural gas resources. SourceContinue Reading
Ammat Global Resources is increasing production from Congo’s mature Loango and Zatchi offshore fields through workovers, subsea upgrades and brownfield optimization efforts aimed at extending the life of legacy offshore assets. SourceContinue Reading
Oil prices fell sharply as U.S. and Iranian officials signaled progress toward a potential agreement to reopen the Strait of Hormuz, easing concerns over global crude and LNG supply disruptions. SourceContinue Reading
Condor Energies has exceeded 15,000 boed of production at its Uzbekistan gas project following the startup of the K-47 horizontal well, as the company continues expanding drilling activity across its Central Asia operations. SourceContinue Reading
Canada’s energy minister said oil sands producers can absorb the costs of the proposed Pathways carbon capture project, even as companies continue raising concerns about carbon pricing and global competitiveness. SourceContinue Reading
U.S. and Iranian negotiators are reportedly nearing a framework that could reopen the Strait of Hormuz, a critical chokepoint for global oil and LNG trade, though major disagreements over sanctions and uranium enrichment remain unresolved. SourceContinue Reading
A federal oil and gas lease sale covering Permian basin acreage in Texas and New Mexico generated more than $4 billion, marking the largest onshore lease auction in U.S. history as operators ramp up drilling activity amid stronger oil prices and pro-development policy shifts. SourceContinue Reading
