Var Energi Defers Production Start of Balder X
The postponement has a limited impact on its 2024 production and no material impact on guided capital costs.
GAS Entec Bags Contract to Build Jordan LNG Terminal
The project's scope encompasses full engineering, procurement, construction, installation, and commissioning (EPCIC) of an onshore LNG regasification facility with capacity of 720 million standard cubic feet per day.
GreenGasUSA Partners with Wayne-Sanderson Farms for RNG Production
GreenGasUSA agreed to collaborate with Wayne-Sanderson Farms on the production of RNG at the latter's facilities across the U.S.
Machine Learning Oil Price Model Predicts WoW Decline
Standard Chartered's SCORPIO 'indicates a week on week decline'.
Inpex Says Won New Exploration Block Offshore Australia
Inpex bagged an exploration permit for a Western Australian block near discovered fields.
World's First AI Drilling Engineer Is Currently in Training
Will 'Ida' lead to job losses in the oil and gas sector? Rigzone investigates.
Environmental Watchdog Gives Up Suit vs Woodside LNG Project in Australia
A case before the Federal Court challenging a key environmental pass for the Scarborough project is set to be terminated, which would clear the last regulatory hurdle for the LNG facility that activists say threatens a World Heritage site.
NextDecade Withdraws FERC Application for Rio Grande CCS Project
The decision comes after the U.S. Court of Appeals for the D.C. Circuit issued an order vacating FERC's remand authorization for NextDecade's Rio Grande LNG Facility.
Ex-Vitol Trader Pleads Guilty to Corruption Charges, Faces 40 Years in Jail
Ex-Vitol oil trader Javier Aguilar faces as much as 40 years in prison and will forfeit over $7.1 million in two U.S. bribery cases after entering a guilty plea in federal court.
BP Economist Says OPEC+ Has Limited Scope to Restore Oil Output
The Organization of Petroleum Exporting Countries and its allies have been withholding supplies for almost two years to prop up prices.
Oil Falls to January Lows as Selloff Intensifies Slump
Oil extended its decline to the lowest in more than six months as trend-following algorithmic sellers overlooked a bullish US stockpile report.
Texas Oil Regulator Proposes Significant Overhaul of Waste Management Rules
'This is the first overhaul of RRC's waste management rules in four decades'.
ADNOC, Storegga Ink Deal on Potential CCS Project in Malaysia
Malaysia's Petronas signed an agreement with ADNOC and Storegga to collaborate on a potential CCS project with a capacity of at least five MMtpa in the Southeast Asian country.
Pathfinder Energy Inks MoU for Oil Projects in Brazil
The partnership aims to enhance the evaluation, acquisition, exploration, and production of onshore oil and gas assets in Brazil.
Gran Tierra to Acquire WCSB-Focused i3 Energy
'We are thrilled to announce this acquisition, which marks a significant milestone in diversifying our portfolio while strengthening our asset base'.
BP Inks Deal to Supply ORLEN with Crude from North Sea
'As part of our collaboration with BP, we will also explore other potential areas where we can work together'.
Standard Chartered Says Oil Demand Hit All Time High in June
'While the global numbers appear bullish, market dynamics have remained extremely bearish', Standard Chartered warned.
Exmar Bags Contract for BP Floating Production Facility
Exmar will design and engineer the hull for the floating production facility for BP's Kaskida development in the U.S. Gulf of Mexico.
Petronas Starts Gas Production in Malaysia's Kasawari Field
The offshore Kasawari field on Borneo island started producing natural gas with an initial flow rate of 200 MMscfd.
