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TotalEnergies announces an increase in its oil and gas production until 2030, despite pressures to reduce fossil fuels. CEO Patrick Pouyanné defends this strategy amid climate challenges.
TotalEnergies announces an increase in its oil and gas production until 2030, despite pressures to reduce fossil fuels. CEO Patrick Pouyanné defends this strategy amid climate challenges.
McDermott has signed an engineering, procurement, construction, and installation (EPCI) contract with QatarEnergy LNG for the North Field South project, thereby strengthening its presence in Qatar's energy sector.
McDermott has signed an engineering, procurement, construction, and installation (EPCI) contract with QatarEnergy LNG for the North Field South project, thereby strengthening its presence in Qatar's energy sector.
Enbridge Inc. partners with bp to develop major oil and gas infrastructures in the Gulf of Mexico, thereby strengthening their presence and capabilities in the region.
Enbridge Inc. partners with bp to develop major oil and gas infrastructures in the Gulf of Mexico, thereby strengthening their presence and capabilities in the region.
Shell Pipeline Company LP announces the Rome Pipeline project, increasing oil transport capacity and consolidating its strategic position in the Gulf of Mexico.
Shell Pipeline Company LP announces the Rome Pipeline project, increasing oil transport capacity and consolidating its strategic position in the Gulf of Mexico.
US crude oil reserves increased unexpectedly due to a significant slowdown in refinery activity, according to the US Energy Information Administration (EIA).
US crude oil reserves increased unexpectedly due to a significant slowdown in refinery activity, according to the US Energy Information Administration (EIA).
Despite tensions in the Middle East, oil prices remain stable due to abundant supply and the interests of Tehran and Washington to avoid escalation.
Despite tensions in the Middle East, oil prices remain stable due to abundant supply and the interests of Tehran and Washington to avoid escalation.
Wholesale electricity prices in the western United States are rising due to an unprecedented heat wave, leading to record-breaking demand forecasts and weather advisories in Southern California and the Southwest.
Wholesale electricity prices in the western United States are rising due to an unprecedented heat wave, leading to record-breaking demand forecasts and weather advisories in Southern California and the Southwest.
Asian refiners remain optimistic amid rising tensions between Iran and Israel, anticipating that Persian Gulf crude flows to Asia will stay stable despite the ongoing conflict.
Asian refiners remain optimistic amid rising tensions between Iran and Israel, anticipating that Persian Gulf crude flows to Asia will stay stable despite the ongoing conflict.
The new Alexandroupolis LNG terminal in Greece strengthens energy diversification in Eastern Europe, thereby reducing regional dependence on Russian gas and increasing supply security.
The new Alexandroupolis LNG terminal in Greece strengthens energy diversification in Eastern Europe, thereby reducing regional dependence on Russian gas and increasing supply security.
Adnoc, the national oil company of the United Arab Emirates, announces the acquisition of Covestro, a German chemical giant, for 12 billion euros. This acquisition is part of its strategy to diversify its activities and strengthen its presence in Europe.
Adnoc, the national oil company of the United Arab Emirates, announces the acquisition of Covestro, a German chemical giant, for 12 billion euros. This acquisition is part of its strategy to diversify its activities and strengthen its presence in Europe.
New Zealand Energy Corp. has started drilling the Tariki-5 well in partnership with L&M Energy. Monumental Energy, a shareholder in the company, is closely monitoring this new step aimed at boosting gas production in the Taranaki region.
New Zealand Energy Corp. has started drilling the Tariki-5 well in partnership with L&M Energy. Monumental Energy, a shareholder in the company, is closely monitoring this new step aimed at boosting gas production in the Taranaki region.
The latest auction of oil blocks in India has sparked significant interest among local private players, but the persistent absence of international companies highlights ongoing doubts about the real opportunities in exploration.
The latest auction of oil blocks in India has sparked significant interest among local private players, but the persistent absence of international companies highlights ongoing doubts about the real opportunities in exploration.
McDermott, in partnership with Saipem and China Petroleum Engineering, will lead the preliminary design of the first phase of the Rovuma LNG project, backed by ExxonMobil, Eni, and CNODC. The project aims for an annual production of 18 million tons of LNG.
McDermott, in partnership with Saipem and China Petroleum Engineering, will lead the preliminary design of the first phase of the Rovuma LNG project, backed by ExxonMobil, Eni, and CNODC. The project aims for an annual production of 18 million tons of LNG.
A report reveals that CO2 emissions linked to gas flaring by oil companies are underestimated. Groups such as Sonatrach, BP, and TotalEnergies face accusations of opaque practices regarding these polluting releases.
A report reveals that CO2 emissions linked to gas flaring by oil companies are underestimated. Groups such as Sonatrach, BP, and TotalEnergies face accusations of opaque practices regarding these polluting releases.
India has decided not to purchase gas from the Arctic LNG 2 project due to sanctions. This decision further isolates Russia from major Asian markets and could redefine LNG flows in the region.
India has decided not to purchase gas from the Arctic LNG 2 project due to sanctions. This decision further isolates Russia from major Asian markets and could redefine LNG flows in the region.
ConocoPhillips secured the right to seize payments from PDVSA related to the Dragon gas project between Trinidad and Venezuela. This decision is part of ongoing efforts to recover a $1.33 billion debt linked to the nationalization of its assets.
ConocoPhillips secured the right to seize payments from PDVSA related to the Dragon gas project between Trinidad and Venezuela. This decision is part of ongoing efforts to recover a $1.33 billion debt linked to the nationalization of its assets.
Hurricane Helene disrupted gas production in the Gulf of Mexico, leading to a 5% rise in U.S. natural gas prices and affecting key energy infrastructures across the U.S. Southeast.
Hurricane Helene disrupted gas production in the Gulf of Mexico, leading to a 5% rise in U.S. natural gas prices and affecting key energy infrastructures across the U.S. Southeast.
TotalEnergies continues its strategy of growth in the liquefied natural gas sector by acquiring a 45% stake in Lewis Energy Group’s assets located in the Eagle Ford Basin, Texas. This acquisition is part of a series of recent moves aimed at strengthening its position in the U.S. market, already supported by its presence in the Cameron LNG liquefaction plant in Louisiana. By targeting the Eagle Ford Basin, the group gains access to an existing dry gas production, allowing it to optimize its LNG export capabilities.
TotalEnergies continues its strategy of growth in the liquefied natural gas sector by acquiring a 45% stake in Lewis Energy Group’s assets located in the Eagle Ford Basin, Texas. This acquisition is part of a series of recent moves aimed at strengthening its position in the U.S. market, already supported by its presence in the Cameron LNG liquefaction plant in Louisiana. By targeting the Eagle Ford Basin, the group gains access to an existing dry gas production, allowing it to optimize its LNG export capabilities.
Pemex’s new Olmeca refinery has exported its first 112,000 barrels of petroleum coke to India. This shipment marks a step forward for the project despite doubled costs and commissioning delays.
Pemex’s new Olmeca refinery has exported its first 112,000 barrels of petroleum coke to India. This shipment marks a step forward for the project despite doubled costs and commissioning delays.
Venture Global LNG reçoit le soutien de la Federal Energy Regulatory Commission (FERC) concernant des accusations de non-respect de ses engagements de livraison de gaz naturel liquéfié (GNL), malgré des différends contractuels en cours avec des entreprises comme Shell et BP.
Venture Global LNG reçoit le soutien de la Federal Energy Regulatory Commission (FERC) concernant des accusations de non-respect de ses engagements de livraison de gaz naturel liquéfié (GNL), malgré des différends contractuels en cours avec des entreprises comme Shell et BP.
Kazakhstan, a major oil player in Central Asia, is facing production challenges due to delays in its key projects, limiting its ability to meet objectives and comply with OPEC+ quotas.
Kazakhstan, a major oil player in Central Asia, is facing production challenges due to delays in its key projects, limiting its ability to meet objectives and comply with OPEC+ quotas.
Gregory Goff, member of the board of directors at Exxon Mobil, is now at the head of Amber Energy, an entity affiliated with Elliott Investment Management, in the context of the acquisition of Citgo, a Venezuelan-owned oil refiner, for an estimated amount of USD 7.28 billion.
Gregory Goff, member of the board of directors at Exxon Mobil, is now at the head of Amber Energy, an entity affiliated with Elliott Investment Management, in the context of the acquisition of Citgo, a Venezuelan-owned oil refiner, for an estimated amount of USD 7.28 billion.
High-sulfur petcoke prices are plummeting due to China's withdrawal from this segment, pushing producers to seek new markets in India and Turkey.
High-sulfur petcoke prices are plummeting due to China's withdrawal from this segment, pushing producers to seek new markets in India and Turkey.
Saudi Aramco has raised $3 billion via a sukuk issue, despite a drop in oil production. The funds raised are intended to support the company's dividend commitments and capital expenditure projects.
Saudi Aramco has raised $3 billion via a sukuk issue, despite a drop in oil production. The funds raised are intended to support the company's dividend commitments and capital expenditure projects.
Saudi Arabia is changing its oil strategy, abandoning its target of $100 a barrel in order to increase production and regain market share, despite a likely drop in prices.
Saudi Arabia is changing its oil strategy, abandoning its target of $100 a barrel in order to increase production and regain market share, despite a likely drop in prices.
Russian Deputy Prime Minister Alexander Novak announces that Russia could lift the gasoline export ban if a supply surplus is found in a stable domestic market.
Russian Deputy Prime Minister Alexander Novak announces that Russia could lift the gasoline export ban if a supply surplus is found in a stable domestic market.

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