The Scottish government is committed to expanding the Scotland-Vietnam relationship as the power-hungry Southeast Asian nation hopes to expand its nascent offshore wind sector. Significantly, there will be increasing opportunities for Scottish companies as Vietnam eyes offshore wind development in deeper waters.
Norway's BW Offshore (OL:BWO) said that the Barossa floating production storage and offloading (FPSO) vessel project for Santos (ASX:STO) is experiencing some cost increases due to price inflation for materials.
A $12 billion liquefied natural gas (LNG) investment approved in Australia leads a wave of projects betting demand will rise as the world shuns more polluting alternatives like coal.
Woodside’s (ASX:WPL) $12 billion Scarborough and Pluto Train 2 project, which was sanctioned yesterday, is expected to supply liquefied natural gas (LNG) into Asia at a more competitive price compared to US LNG export developments.
President Joe Biden is preparing to announce a release of oil from the nation’s Strategic Petroleum Reserve (SPR) in concert with several other countries as soon as Tuesday, according to people familiar with the plan.
Australia’s Woodside (ASX:WPL) and BHP Group (ASX:BHP) today signed a binding share sale agreement for the merger of BHP’s oil and gas portfolio with Woodside.
Woodside (ASX:WPL) has taken a final investment decision (FID) on the giant $12 billion Scarborough and Pluto liquefied natural gas (LNG) project in Australia.
Reliance Industries scrapped a plan announced more than two years ago to sell a 20% stake in its oil-to-chemicals unit to Saudi Arabian Oil Co. as the Indian company focuses on its renewable energy investments.
Japan is considering releasing oil from its strategic stockpiles, joining China and the US in a coalition of consumers that wants to tame a surge in energy prices that’s triggered a jump in inflation.
Shell (LSE:RDSA) said today that it will acquire Powershop Australia, an online energy retailer serving more than 185,000 customers, as it positions itself for the energy transition in Australia.
The Conservation Council of Western Australia says the proposed Woodside-led Scarborough liquefied natural gas (LNG) project could contravene federal environmental protection laws, reported the Australian Financial Review.
McDermott will provide engineering, procurement and construction (EPC) services for a booster compression platform at the Inpex-operated Ichthys liquefied natural gas (LNG) project in Australia.
Dwindling inventories and concerns over energy security in key Asian economies may hamstring US efforts to arrange for a sizeable and coordinated release of strategic crude reserves in a bid to rein in prices and tackle inflation.
Harbour Energy (LON:HBR) and its Russian partner Zarubezhneft have successfully completed their appraisal drilling campaign at the Tuna Block in the Natuna Sea offshore Indonesia with positive results at both wells.
Chevron (NYSE:CVX) has suspended production from Train 1 at its giant Gorgon liquefied natural gas (LNG) export plant in Australia since 16 November following the detection of a minor gas leak.
Singapore’s Pavilion Energy, QatarEnergy, and Chevron (NYSE:CVX), have jointly published a quantification and reporting methodology to produce a statement of greenhouse gas emissions for delivered liquefied natural gas (LNG) cargoes.
A 15% share in the Shell-led Crux gas field offshore Australia, that will help backfill Shell’s (LSE:RDSA) Prelude floating liquefied natural gas (LNG) project, is expected to fetch between $200 million and $400 million, after being put up for sale by Seven Group, industry sources told Energy Voice.
ExxonMobil submitted bids for 94 drilling leases in shallow waters near the Texas coastline, an apparent step forward for a giant proposed carbon-capture project close to Houston’s industrial corridor.
Equity in the Shell-led Crux gas field offshore Australia, that will help backfill Shell’s (LSE:RDSA) Prelude floating liquefied natural gas (LNG) project, is up for sale, as the joint venture partners move closer to a final investment decision (FID).
Inpex’s (TYO:1605) proposed Abadi liquefied natural gas (LNG) plant in the Masela Block offshore Indonesia, which has long struggled to gain traction, is looking increasingly unlikely to be developed, especially as another wave of US LNG projects looms large.
State-backed Malaysian energy company Petronas has signed a pact with Baker Hughes to collaborate on technological developments supporting the energy transition.
Global oil prices may rise to as high as $120 by the middle of next year as the ability of OPEC+ to meet demand is at risk from under-investments and sanctions, according to a Rosneft PJSC executive.
A twenty-minute stroll through The Hague -- The Netherlands’ pretty but low-key capital city -- takes you from the prime minister’s office to the workplace of someone who’s arguably even more powerful: the CEO of Royal Dutch Shell Plc.
China, which has overtaken Japan as the world’s largest buyer of liquefied natural gas (LNG), needs more supply deals to meet surging domestic gas demand. This offers US exporters, such as Cheniere (NYSE:LNG), a significant opportunity, especially as trade tensions ease.
Australia’s Woodside (ASX:WPL) said today that its chief financial officer has resigned just as the liquefied natural gas (LNG) developed is seeking to finalise a A$41 billion (US$30.1 billion) merger with BHP Petroleum.
