BP considers sale of closed UK North Sea oil field
The Foinaven field still holds an estimated 200 million barrels of oil reserves that could be tapped with minimal investment.
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Italy considers two floating LNG plants to reduce reliance on Russian gas
The two floating storage and regasification units are expected to have a combined capacity of more than ten billion cubic…
Oil prices surge as some EU members consider Russian oil ban
Germany, and some other countries, claim that the bloc is too reliant on Russian resources.
Algeria’s Sonatrach and Eni make oil and gas discovery in Berkine North Basin
Based on the preliminary estimates, the new discovery holds approximately 140 million barrels of oil in place.
Canadian heavy oil producer Serafina Energy considers business sale
The two private equity owners of the company have reached out to buyers for the potential sale.
Qatar opens Barzan gas plant in Ras Laffan Industrial City
QatarEnergy holds a 93% stake in the Qatar-operated Barzan gas plant.
War in Ukraine: where will Europe get its oil and gas now?
After the EU, US, and UK announced plans to phase Russian oil and gas down and out, the question remains:…
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Petrobras nears agreement to sell Bolivia-Brazil gas pipeline to EIG
EIG could pay between $500m and $1bn for Petrobras' stake in Transportadora Brasileira Gasoduto Bolivia-Brasil.