Failure to innovate offshore poses serious risks to the global oil and gas industry, according to…
Tag: Oil and Gas
Mitsui, MOL to Acquire Port of Nigg in UK
Mitsui & Co., Ltd., together with Mitsui O.S.K. Lines, Ltd. (MOL), announced plans to acquire the…
The Future of Oil, Gas in a Decarbonising World
As the urgency of climate change accelerates, the global energy system is shifting towards sustainable solutions.…
Heirs Energies Targets 100,000 bpd After Doubling Output
Heirs Energies’ oil production in Nigeria has achieved a remarkable milestone at Oil Mining Lease (OML…
Saudi Arabia, Iraq Halt Oil to Indian Refinery
Saudi Arabia and Iraq suspend oil sales to Nayara Energy in India after the European Union’s…
US LNG Exports Hit Record High
US LNG exports reached the highest level on record in August, supported by increased plant output…
Brazil Seeks Full Membership in International Energy Agency
Brazil has formally requested to join the International Energy Agency (IEA) as a member country, the…
Libya Launches Solar Power Plant in Sahara
Libya has inaugurated its first solar power plant in the southeastern town of Kufra. Authorities say…
Britain Halts Major Untapped Oilfield Over Climate Concerns
Equinor’s Rosebank project, a $3.8 billion investment once known as the future backbone of UK energy…
Syria, Saudi Arabia Seal Major Energy Deals
Syria and Saudi Arabia energy agreements mark a significant milestone in regional cooperation. On Thursday, Syria…