News
Norway will not allow oil and gas exploration in Nordland 6 area
In 2022, Norway became Europe's largest gas supplier, surpassing Russia.
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Tellurian sells upstream assets and signs LNG purchase agreement with Aethon Energy
The proceeds from the sale of the assets will enable Tellurian to pay off debt and strengthen its balance sheet in the long term.
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Norwegian Wells in North, Barents Seas Yield No Success
Attempts to collect fluid samples were unsuccessful due to compaction of reservoir rocks.
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Saudi Aramco Aims to Cut Emissions While Continuing Oil Output
Aramco plans to capture and store 9 million tons of carbon annually at Jubail starting in 2028.
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Germany to eliminate in-transit gas storage taxes by 2025
Germany continues to support the diversification of gas supply in Europe by improving gas imports.
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First tender for hydrogen blending in public gas network in Portugal
The auction is designed to facilitate the integration of renewable gases into the public gas infrastructure.
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Hess Investors Greenlight $53B Merger with Chevron
The acquisition would help Chevron offset cost overruns in its liquefied natural gas projects.
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Texas Begins 137-Mile Natural Gas Pipeline Project
The pipeline will transport up to 4.5 billion cubic feet of natural gas per day.
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Company to build new storage tanks in the U.S.
The company has a global network of terminals in countries in Asia, Australasia, Europe, North and South America.
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FPSO Marechal Duque de Caxias arrived in Brazil
The FPSO will be able to produce up to 180,000 barrels of oil and compress 12 million cubic meters of gas daily.
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EU Greenlights Methane Limits, Effective 2030
Oil and gas importing companies that do not comply with these limits will face financial penalties.
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Saudi Aramco shares to be sold in June
Aramco's 2019 initial public offering raised $25.6 billion, making it the largest in the world.