Energy.
China’s resales of Australian LNG strengthens case for prioritising domestic users
Yesterday, the Queensland government expressed concerns about its federal counterpart’s proposed domestic gas reservation policy, which would redirect some gas production from liquefied natural gas (LNG) exports to the domestic market in eastern Australia. It “warned against the focus on reallocating existing gas rather than encouraging new investment and supply.” IEEFA analysis has previously…
McDermott awarded subsea contract for Cronos development in Cyprus
McDermott has been awarded a substantial* subsea contract by Eni Cyprus Limited (Eni) for the Cronos gas field development offshore Cyprus, marking McDermott's first subsea project award with Eni and…
MOL world’s first LNG carrier equipped with Wind Challenger
Scheduled for Delivery Under a Long-Term Charter to Chevron in Late September Mitsui O.S.K. Lines, announced that it held a naming ceremony on September 10, 2026, at Hanwha Ocean Geoje Shipyard in…
Vallourec and Aramco strengthen their partnership through the signing of an agreement for the supply of Oil Country Tubular Goods
Vallourec, a world leader in premium seamless tubular solutions, announces the signing of an agreement with Aramco to further strengthen the two companies’ commercial, industrial, and technological…
Onboard carbon capture offers a practical CO2 emissions reduction pathway for shipping’s global fleet
New report identifies onboard carbon capture as a viable CO₂ emissions reduction solution for global fleet, but warns that offloading infrastructure and regulatory certainty will determine uptake.…
Provaris announces collaboration with Himile for H2 Tank Manufacturing
HIGHLIGHTS Technical collaboration agreement with Himile Heavy Industries extends H2 prototype fabrication into a development plan for commercial-scale manufacturing of Provaris' proprietary…
Shearwater launches industry-backed Norwegian Sea multi-client survey
Shearwater Geoservices AS (“Shearwater”) today announced a new 3D multi-client seismic survey in the Norwegian Sea. The survey has industry backing and data acquisition is expected to commence in…
Etu Energias signs Sale and Purchase Agreement with Chevron for Blocks 14 and 14K
Etu Energias signed a Sale and Purchase Agreement (SPA) with Chevron for the acquisition of Chevron’s participating interest in Blocks 14 and 14K, in Angola. The transaction marks an important…
Chevron and ZL Chemicals announce Technology Licensing Agreement for Advanced Chemical Surfactant Technology
Vantis™ technology designed to support resource recovery in shale and tight reservoirs Chevron Technical Center, a division of Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE:CVX),…
U.S. exports of crude oil and petroleum products reached record in April
U.S. petroleum exports reached a record in April as disruptions to international crude oil and refined product flows through the Strait of Hormuz increased global demand for U.S. exports. Exports…
Mexico: TotalEnergies ships to Asia the very first cargo produced by the ECA LNG Plant
ECA LNG is the first LNG export terminal on Mexico’s Pacific Coast TotalEnergies holds a 16.6% stake in ECA LNG, which liquefies U.S. natural gas TotalEnergies will export 1.7 Mtpa of LNG, notably…
Saipem awarded contract for the Kutei FPSO project in Indonesia
The contract covers the engineering, procurement, construction and installation of a floating production, storage and offloading unit for the Kutei North Hub Field Development Facility…
Eni invests in EnergyX’s Black Giant project to develop lithium business in Chile
Eni announces that it has signed an agreement to acquire a 25% stake in EnergyX's Chilean subsidiary company Black Giant SpA, developing a lithium project located in northern Chile, near the Salar de…
TechnipFMC awarded Subsea Contract for Eni’s Baleine Phase 3 Development Offshore Côte d’Ivoire
TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract by Eni SpA (ENI:MI) for Baleine Phase 3, a fast-track development to expand production from the largest hydrocarbon discovery…
Shell completes sale of Jiffy Lube International and Premium Velocity Auto to Monomoy Capital Partners
Pennzoil Quaker State Company DBA SOPUS Products, a wholly owned subsidiary of Shell USA, Inc., that comprises Shell’s United States (“U.S.”) lubricants business, has completed the previously…
bp exits Bay du Nord interest as part of continued portfolio simplification
bp has agreed to sell its non-operated interest in the Bay du Nord project offshore Newfoundland and Labrador, Canada, to Equinor. The transaction is consistent with…
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