In preparation for potential Russian supply cuts, the European Union wants additional gas supplies from Nigeria, said Matthew Baldwin, deputy director general of the European Commission's energy department.
Neptune Energy Group Midco Ltd. has been upgraded by Moody's Investors Service from Ba3 to Ba2.
A large-scale fuel price reduction program will be implemented at all of the TotalEnergies' service stations in France until year-end in order to meet the expectations of French people affected by energy price increases.
After lifting its force majeure, estimates indicate that Libya's National Oil Corporation (NOC) and its companies have achieved a relative increase in oil production, with current production reaching 860,000 barrels per day (bbl/d), compared to 560,000 bbl/d pre-reopening production rate.
Chariot Limited, the African-focused transitional energy company, announces the results of Independent Assessments of its gas resources offshore Morocco, including results of the recently drilled Anchois-2 appraisal well. A material resource upgrade was reported across the portfolio by Netherland Sewell & Associates Inc. ('NSAI') on the Anchois Gas Field and selected exploration prospects in the Lixus Offshore licence ('Lixus') and the adjacent Rissana Offshore licence ('Rissana').
Gas volumes received by Eni from Gazprom will increase from the daily averages of the past 10 days to 36 million cubic meters, Reuters reported.
Operator TotalEnergies has announced the decision of the Papua LNG joint venture to begin the first phase of front-end engineering and design (FEED) studies for the upstream production facilities of the Papua LNG project.
A 50/50 joint venture (JV) between TotalEnergies and Borealis, Bayport Polymers LLC ("Baystar"), today announced the commercial operation of a new ethane cracker with an annual production capacity of one million tons of ethylene.
After a 10-day outage, Russia resumed pumping gas through its biggest pipeline to Germany on Thursday, easing Europe's supply concerns amid an economic dispute with the Kremlin over its invasion of Ukraine.
After lifting the force majeure on terminals and oil fields, Libya's National Oil Company (NOC) is preparing to continue exporting crude oil.
