US increased its liquified natural gas (LNG) exports in May to 7.60 million metric tons (MT) from 6.19 million MT in April and just below the 7.61 MT exported in March, LSEG data showed.
Chinese refiner Rongsheng Petrochemical has purchased its first Canadian crude oil through the recently expanded Trans Mountain Pipeline (TMX) from TotalEnergies via a tender process, according to Reuters.
US energy sector ConocoPhillips has stated it has reached an agreement to acquire Marathon Oil in a blockbuster deal valued at $22.5 billion.
TotalEnergies, alongside its TH H2 partner and VERBUND, have signed a Memorandum of Understanding (MoU) with Tunisia for the development of a green hydrogen project named H2 Notos. This project aims to export green hydrogen to Central Europe through pipelines.
bp and US shale producer EOG Resources are in talks to cooperate on developing a natural gas field located offshore Trinidad and Tobago, according to Reuters.
Iran is gearing up to increase oil output to four million barrels per day (mmbbl/d), part of an approved plan of an economic council headed by Iran’s interim President Mohammad Mokhber, according to Reuters.
ADES Holding Company, an oil and gas drilling services provider, has been awarded six onshore contracts with Kuwait Oil Company (KOC), totaling SAR 2.42 billion ($640 million).
TotalEnergies has stated that in cooperation with Petrobras and other key stakeholders in the Atapu and Sépia consortiums, the Final Investment Decision (FID) has been reached for the next phase of development in the Atapu and Sépia oil fields located in the prolific pre-salt Santos Basin, offshore Brazil.
