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Oil & Gas

Turkey Warns Exxon Not to Drill in Cypriot Waters

Turkey's government warned ExxonMobil that its ongoing exploration activity in Cyprus' EEZ could affect regional stability

UK’s Ineos to Buy ConocoPhillips North Sea Assets

Britain's richest man Jim Ratcliffe's oil and gas company Ineos Group Holdings is in exclusive talks with ConocoPhillips to buy North Sea oil and gas fields worth $3 billion from the U.S. energy company.

Romanian Black Sea gas to head through expanded transmission system

Transgaz and Black Sea Oil & Gas have signed a contract covering transportation of gas from the Midia Gas Development (MGD) project in the Black Sea to Romania’s National Transmission System (NTS).

ADNOC forms R&D co-operation with Saudi university

 ADNOC has signed a framework agreement with King Fahd University of Petroleum and Minerals (KFUPM) in Dhahran, Saudi Arabia

Australia set to become world’s biggest exporter of LNG

Australia is on its way to become the world’s biggest exporter of LNG, according to the energy economics group EnergyQuest

EU to fund LNG infrastructure project

The ‘LNGHIVE2: Infrastructure and Logistics Solutions’ project, coordinated by Spanish energy company Enagás, has been selected by the European Commission CEF for funding.

Offshore senses uptick in market but uncertainties remain

An overall positive macroeconomic outlook and increased regional infrastructure spending have suggested an improving business environment for the ailing offshore industry

Petrobras starts up second Buzios field floater

 Petrobras has produced first oil and gas from the Búzios 2 area of the presalt Santos basin through the FPSO P-75.

Golar FSRU Wins LNG Croatia Project

State-owned LNG Croatia has selected Golar Power, a joint venture between Golar LNG and Stonepeak Infrastructure Partners,  to deliver a FSRU for the nation's first liquefied natural gas import facility.

Equinor Preps For Icy Conditions At Nearly $6 Billion Arctic Subsea Development

Equinor says conditions in the area of its northernmost-operated field under development in the Arctic are not considerably more severe than other regions where it operates

Despite Competing Claims, Exxon Begins Drilling off Cyprus

ExxonMobil and Qatar Petroleum are moving ahead with a natural gas exploration campaign off Cyprus, despite heated rhetoric from Turkey about the validity of the island nation's E&P leases. 

Federal Court Halts Keystone XL Pipeline for Climate Impact Review

On Thursday, Judge Brian Morris of the U.S. District Court for Montana ordered TransCanada to halt work on the Keystone XL pipeline pending a new review of the project's climate impact. 

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