Shell has announced that it has reached an agreement to sell its Nigerian onshore subsidiary, Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance, a consortium made of five companies including four exploration and production companies based in Nigeria and an international energy group for up to $2.4 billion.
Shell has announced it has taken the final investment decision (FID) to develop the Victory gas field in the British North Sea.
TotalEnergies has initiated a force majeure process on the Arctic LNG 2 project in Russia due to US sanctions.
TechnipFMC has been awarded a major contract by BP for the Argos Southwest Extension project in the Mad Dog field, located in the Gulf of Mexico.
Oil and gas company Talos Energy has announced its plans to acquire QuarterNorth Energy in a deal worth $1.29 billion.
China's crude oil imports have recently reached an all-time high in 2023, according to data released by the General Administration of Customs.
Bulgaria has made the decision to replace its imports of Russian crude oil with oil from other countries such as Kazakhstan, Iraq, and Tunisia.
TotalEnergies has resumed operations at its Port Arthur, Texas, refinery after a brief shutdown.
South Africa has selected the Vopak consortium as the preferred bidder to develop and operate a liquefied natural gas (LNG) terminal at the Port of Richards Bay.
SLB has announced a partnership with Geminus AI, a leading provider of physics-informed artificial intelligence (AI) technology for the oil and gas industry.
