Equinor, bp Cancel Contract to Sell Offshore Wind Power to New York
Equinor and bp have announced the cancellation of their contract to sell offshore wind power to New York State from their proposed Empire Wind 2 project.
News / International
India’s Petronet to Extend Qatar LNG Imports Beyond 2028
India's Petronet LNG, the country's top gas importer, is set to sign a deal this month to extend its long-term LNG imports from Qatar beyond 2028.
OPEC+ to Hold Meeting in February to Monitor Production Agreements
OPEC+ has announced that it plans to hold the meeting of its Joint Ministerial Monitoring Committee (JMMC) in early February, according to three sources from the alliance.
CNOOC Announces Production of Lufeng Oilfields Phase II Development Project
China's CNOOC has announced the commencement of production for the Lufeng Oilfields Phase II Development Project.
Iraqi Drilling Company Completes Drilling, Reclamation of 199 Oil Wells in 2023
The Ministry of Oil has announced that the Iraqi Drilling Company has completed the drilling and reclamation of 199 oil wells during the past year of 2023.
Nigeria to Increase Oil, Condensates Production by 2026
Nigeria has set a target of producing 2.6 million barrels per day (bbl/d) of oil and condensates by 2026. This is a significant jump from the current production levels of around 1.6 million bbl/d in 2023.
Avangrid Terminates $8.3B Deal with PNM Resources
Iberdrola's US unit, Avangrid Inc., has announced the termination of its $8.3 billion deal, including debt, with rival PNM Resources.
Shell Announces Start of Production of FPSO Sepetiba in Santos Basin, Brazil
Shell Brasil Petróleo Ltda., a subsidiary of Shell plc, has announced the start of production of the FPSO Sepetiba in the Mero field, located offshore in the Santos Basin of Brazil.
Gazprom’s Natural Gas Supplies to Europe Drop by Over 50% in 2023
Russian energy giant Gazprom has seen a decrease in its natural gas supplies to Europe in recent years.
ExxonMobil Exits West Qurna 1 Oilfield in Iraq, Handing Over Operations to PetroChina
US energy giant ExxonMobil Corp. has officially exited the West Qurna 1 oilfield in southern Iraq and handed over its operations to PetroChina as the lead contractor.
