TotalEnergies has announced the restart of production from the Tyra hub in the Danish North Sea, estimated to produce 5.7 million cubic meters of gas and 22,000 barrels of condensate per day.
TotalEnergies has released its Sustainability and Climate 2024 Progress Report, providing the company’s strategy and the progress made in 2023 with regard to the objectives for 2030 in terms of emissions reductions and its contribution to a just, orderly and equitable energy transition for all its stakeholders.
A promising area off Colombia's coast where Brazil state-run Petrobras is drilling this year could justify a large project to supply natural gas to the Andean country and for exports, stated Joelson Mendes, Petrobras' head of exploration and production.
Saudi Aramco has announced plans to increase its gas output by 60% by the year 2030, stated Ashraf Al Ghazzawi, the Executive Vice President for Strategy and Corporate Development, during a recent energy conference.
Angola, Africa's second-largest crude oil exporter, is currently producing about 1.1 million barrels per day (bbl/d) of crude, a level similar to before it exited the Organization of the Petroleum Exporting Countries (OPEC).
Equinor has stated that it is committed to maintaining steady output levels through 2035 by investing approximately $6 billion per year in oil and gas exploration and drilling in Norway, according to Reuters.
The National Iranian Oil Company (NIOC) has signed contracts worth $13 billion with domestic companies, to develop upstream projects at six oil fields including Azadegan, Azar 2, Soumar, Saman, Delavaran and Masjed-Soleiman.
Petrobras, the Brazilian state-owned oil company, has signed a memorandum of understanding (MoU) with Mitsui & Co. S.A. for a non-binding assessment of low-carbon business opportunities in Brazil.
Venture Global LNG has announced its plans to acquire a fleet of nine liquefied natural gas (LNG) transport vessels, expanding its ability to sell and ship its own cargoes, according to Reuters.
Chevron and JX Nippon Oil & Gas Exploration Corporation have signed a Memorandum of Understanding (MOU) to cooperate on a framework to evaluate the export of Carbon Dioxide (CO2) from Japan to Carbon Capture and Storage (CCS) projects located in Australia and other countries in the Asia Pacific region.
