Eni CEO: Eni can receive Venezuelan oil as payment for gas
Eni CEO, Eni, said that Venezuela is now able to pay for the gas it receives from the Italian company with oil, thanks to recent easing of U.S. sanctions. This has helped…
In mid-2026, Inpex will invite bids for the construction of Indonesia's Abadi Liquefied natural gas project.
Inpex, a Japanese oil and natural gas exploration company, said that it would begin the engineering tender for its Abadi project in Indonesia by the middle of this year.
Eni will make final investment decision on Indonesia gas projects in the next month, says regulator
Djoko Siswanto, the head of Indonesia's upstream gas and oil regulator SKK Migas, told reporters that the Italian company?Eni is expected to make a final investment…
Romgaz CEO: If acquisition proceeds, Romgaz will need more funding to complete gas project.
If the acquisition of a ailing fertilizer producer by Romgaz this year goes through, it may have to use additional funding to pay for its portion of offshore project Neptun Deep.
Shell claims US general exploration licenses in Venezuela will enable it to move forward with Dragon natural gas project
Shell's Dragon gas project will be able to move forward with the general licenses issued by the U.S. for oil and natural gas exploration in Venezuela this month, according…
Oil minister: Suriname and Guyana will form team to explore joint projects for gas exploration
Suriname’s oil minister said that Suriname and Guyana will 'create' a technical team to investigate the development of natural gas?production between the two South American nations.
Exxon is committed to moving quickly on Guyana gas project, but it needs demand sources for the gas, says executive
Exxon Mobil's chief upstream said that the company is 'committed' to moving quickly to develop natural gas resources in Guyana, but the government of the South American…
YPF's XRG and ADNOC XRG sign agreement to advance Argentina LNG Project
Argentine's state oil company YPF, Italy’s?Eni, and Abu Dhabi National Oil Company’s international investments arm XRG'signed a binding 'joint 'development 'agreement' to advance Argentina LNG.
Romania's OMV petrom reports a 41% increase in profit on the back of stronger gas, power and refining.
Romanian oil-and-gas group OMV Petrom announced a 41% increase?in adjusted operating profit for the fourth quarter on Wednesday. This was driven by'stronger refining…
Mozambique and TotalEnergies launch $20 billion LNG project
TotalEnergies and Mozambique agreed to restart construction of the French energy giant's $20 billion "liquefied natural gas" project in the country on Thursday, even…
Three companies compete for Indian gas company GAIL's tender of US LNG project
Sandeep Kumar Gupta, Chairman of GAIL India, said that three companies were competing to acquire up to 26% in a "liquefied gas project" in the United States. GAIL published…
Kuwait Readies $7b Pipeline Deal as Gulf Turns to Foreign Investors
Gulf governments are stepping up infrastructure deals with foreign investors, with Kuwait set to launch an oil pipeline network stake sale as soon as February in a deal that could raise up to $7 billion…
Shell Nigeria announces progress on $20 billion Bonga South West Oilfield
Bola Tinubu, Nigeria's President, has approved "investment linked" incentives for Shell’s Bonga South West Deepwater Oilfield. This follows a meeting between the CEO…
Ghana pays $1.47 billion to settle energy debts
Ghana's Finance Ministry announced on Monday that the government will pay $1.47 billion to settle legacy energy sector debts in 2025, including restoring a depleted World Bank guarantee…
Trinidad's BP head says the company is interested in cross border opportunities with Venezuela
BP's Trinidad and Tobago head said Monday that the oil and?gas?major was still interested in cross border opportunities with Venezuela despite a?government in Caracas…
Tanzanian minister: Tanzania will sign $42 billion mega LNG Project before June
A senior government minister said on Monday that Tanzania is expecting to sign a deal before June for its $42 billion project to build a liquefied gas plant. Production will begin in eight years.
Trinidad's Atlantic LNG Project to Decommission Liquefaction Train
Trinidad and Tobago's flagship liquefied natural gas project, Atlantic LNG, will begin removing one of its liquefaction trains from operations in the last quarter this year…
Australia and Timor call for progress on Greater Sunrise Gas Field
On Wednesday, East Timor's Xanana Gushmao and Australia's Anthony Albanese said that the Greater Sunrise -gas project should begin "as quickly as possible" with Australia…
Meg O'Neill, BP's new CEO, will be the first woman ever to lead an oil company.
Energy industry veteran Meg O'Neill was tapped by BP as the leader of a shake-up within the London-based 'oil major'. She made an immediate impression when she took…
Woodside's new CEO must navigate LNG projects with high costs through glut risk
Woodside Energy is facing a leadership shake up after Meg O'Neill's unexpected departure for the top position at?BP. This comes at a time when the Australian company…