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.
Russian energy giant Gazprom has seen a decrease in its natural gas supplies to Europe in recent years.
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.
Eni has announced the successful introduction of gas into the Tango Floating Liquefied Natural Gas (FLNG) facility in Congolese waters only twelve months after the final investment decision was made
QatarEnergy and Shell have signed a five-year crude sales agreement, marking the first time that Qatar has entered into such a long-term deal. Under the agreement, Qatar will supply up to 18 million barrels of oil per year to Shell in Singapore, starting in January.
Pipeline operator Williams has announced its plans to purchase a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 billion because of the increasing demand for liquefied natural gas (LNG) projects.
Iran's gas exports have increased in both revenue and volume during the first seven months of the current Iranian calendar year (March 21–October 22), according to the latest figures released on Tuesday by the Iran Trade Promotion Organization (TPO).
Minister of Petroleum and Mineral Resources Tarek El Molla has met with Herro Mustafa Garg, US Ambassador to Egypt, who recently assumed her duties.
A license extended by Venezuela to Shell and Trinidad and Tobago's National Gas Company (NGC) will allow the companies to produce natural gas off the South American country's coast for 30 years, state oil company PDVSA said.
Brazilian state-run oil company Petroleo Brasileiro has announced that it started drilling of the Pitu Oeste well, which marks the resumption of the company's efforts to explore oil and gas on the so-called "Equatorial Margin."
