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Oil & Gas News

Trans Mountain Receives Order for Environmental Non-Compliances

What Happened The Canada Energy Regulator (CER) issued an Inspection Officer Order to Trans Mountain on January 31, 2024 for environmental non-compliances near Abbotsford, BC. The order was issued after an inspection of the pipeline expansion project in response to recent flooding. The inspection found multiple environmental deficiencies. These included: The CER ordered Trans Mountain […]

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Oil & Gas News

Aera Energy and California Resources Corporation Announce Merger

What does the merger mean for the companies and the industry? Aera Energy and CRC are two of the largest oil and gas producers in California, with complementary assets, operations and expertise. By joining forces, they aim to create a stronger and more resilient company that can deliver value to shareholders, customers, employees and communities. […]

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Oil & Gas News

Woodside Santos Merger is Dead

Woodside and Santos Woodside Energy is Australia’s largest independent oil and gas company, with a current market capitalization of about US$40 billion. It operates assets throughout Australia as well as international projects in the Caribbean and the US. It is the operator of the North West Shelf, Australia’s largest LNG project, and has stakes in […]

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Methane sniffing drones
Oil & Gas News

TotalEnergies and ONGC Collaborate to Combat Methane Emissions in India

Methane is a potent greenhouse gas that contributes to global warming and climate change. Reducing methane emissions from oil and gas operations is a key priority for the industry and a collective ambition for the signatories of the OGDC at COP28. One of the signatories, TotalEnergies, has developed a pioneer technology called AUSEA (Airborne Ultralight […]

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LNG - Natural lGas
Oil & Gas News

Venture Global and Grain LNG Forge Natural Gas Supply Partnership

Venture Global LNG and Grain LNG have announced a new deal that will strengthen the security and diversity of natural gas supply to the UK and Europe. The two companies have executed a binding long term terminal use agreement (TUA) enabling the regasification and sale of LNG from all of Venture Global’s terminals in Louisiana, […]

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LNG - oil and gas workers
Oil & Gas News

ADNOC Gas – GAIL India LNG Deal

About ADNOC Gas ADNOC Gas is one of the world’s largest LNG producers, with over 40 years of experience in the LNG market. It operates six LNG trains with a total capacity of 10.5 mmtpa at Das Island, off the coast of Abu Dhabi. ADNOC Gas is responsible for marketing and selling ADNOC’s LNG to […]

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Oil & Gas News

QatarEnergy – Mitsui Condensate Deal

QatarEnergy, the world’s largest liquefied natural gas (LNG) company, has announced a long-term condensate supply agreement with Mitsui & Co. Energy Trading Singapore Pte. Ltd. The 10-year deal will start in April 2024 and will supply up to 11 million barrels of condensates per year. Condensates are light hydrocarbon liquids that are produced along with […]

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Oil & Gas News

TotalEnergies Acquires OMV’s Malaysian Upstream Gas Assets

TotalEnergies, a global multi-energy company, has announced that it has signed a definitive agreement to acquire OMV’s 50% interest in SapuraOMV, a Malaysian independent gas producer and operator, for $903 million (including the transfer of a $350 million loan granted by OMV to SapuraOMV) . The transaction is subject to customary closing conditions, including the […]

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Oil & Gas News

Trans Mountain Pipeline Faces Further Delay

Canada’s Trans Mountain pipeline expansion project, which aims to increase the capacity of the existing pipeline system from Alberta to British Columbia, has encountered another setback in its construction. The company announced on January 29, 2024, that it had experienced technical issues during the pipeline pullback activity for the Mountain 3 Horizontal Directional Drill (HDD), […]

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Oil & Gas News

Ukrainian Drone Strikes Cripple Tuapse Oil Refinery

The Tuapse oil refinery, located on the Black Sea coast of Russia, is one of the largest and most modern refineries in the country. It is owned by Rosneft, the state-controlled oil giant that is a key player in Russia’s energy sector. The refinery processes crude oil from western Siberia and the Caspian Sea, and […]

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