Energy Transition
News
May 09, 2025
Oman is looking to sell a stake in natural gas assets valued at about $8 billion, according to people familiar with the plan, as the sultanate seeks to raise cash to shore up its state finances and fund investments.
News
May 07, 2025
ABS issued an approval in principle to SBM Offshore for its near zero FPSO concept. The NearZero FPSO design incorporates low carbon technologies that collectively create a “near zero” Scope 3 carbon emissions profile, achieving up to 80% reduction in GHG emissions.
News
May 05, 2025
(WO) – Day one of OTC 2025 kicked off Monday, May 5, in Houston, Texas. Offshore innovations and industry priorities in the current economic and geopolitical climate led much of the discussion on day one, exemplified in a panel on electrification.
News
May 05, 2025
ADNOC Gas has announced net income of $1.27 billion for Q1 2025, attributing the strong performance to continued demand for domestic gas - up on the equivalent quarter last year - as a result of strong economic growth in the UAE.
News
May 02, 2025
Golar LNG has reached final investment decision (FID) for the 20-year re-deployment charter of the FLNG Hilli Episeyo (FLNG Hilli). The vessel will be chartered to Southern Energy S.A. (SESA), offshore Argentina, to monetize gas from the Vaca Muerta shale formation.
News
May 01, 2025
The dedicated CO₂ carrier currently under construction at Royal Niestern Sander shipyard in the Netherlands is a cornerstone in Project Greensand’s mission to deliver EU’s first full-scale carbon capture and storage (CCS) value chain.
News
May 01, 2025
The Trump administration sued Michigan and Hawaii seeking to block the states from suing oil companies for damage caused by climate change, less than two months after the U.S. Supreme Court rebuffed a Republican bid to derail such legal efforts.
News
May 01, 2025
TotalEnergies and OQ Exploration and Production have broken ground on the Marsa LNG plant in Oman, one year after reaching FID on the project. The 1 MMtpa liquefaction plant is being built by Marsa LNG LLC, a joint company between TotalEnergies (80%) and OQEP (20%).
News
April 30, 2025
In partnership with ExxonMobil, Lindsayca and Enerflex, CH4 Systems announced Wednesday that it has received the prestigious Export-Import Bank of the United States (EXIM) "Deal of the Year Award" for its pioneering gas-to-energy project in Guyana.
News
April 30, 2025
DNV has published its annual Energy Industry Insights survey, with the report finding that political risk is seen as the leading barrier to energy sector growth for the year ahead, and the perceived momentum of the energy transition will slow.
News
April 30, 2025
Woodside has signed an agreement with bp for the integrated energy major to supply natural gas to the Louisiana LNG project. Woodside’s CEO Meg O’Neill said the agreement marks another milestone for the Louisiana LNG project.
News
April 29, 2025
The Republic of Congo's Minister of Hydrocarbons Bruno Jean-Richard Itoua will speak at African Energy Week (AEW) 2025. Congo is preparing to launch its 2025 licensing round – central to its strategy of increasing oil output from 274,000 to 500,000 bpd by 2027.
News
April 29, 2025
Woodside has made a final investment decision to develop the three-train, 16.5 million tonne per annum (MMtpa) Louisiana LNG development. Woodside is targeting first LNG in 2029.
News
April 28, 2025
Flotek has acquired power generation assets and related intellectual property from ProFrac GDM, a subsidiary of ProFrac, for $105 million. Flotek concurrently entered into an agreement for a six-year dry lease of the acquired assets with ProFrac GDM.
News
April 28, 2025
Woodside Energy Group Ltd. is in talks with the overseas unit of Kuwait Petroleum Corp. for selling a stake in its proposed liquefied natural gas export project in the U.S., according to people with knowledge of the matter.
News
April 24, 2025
Crbon Labs Inc. has completed the first plugging of an orphan gas well in Canada and is pleased to announce its collaboration with U.S. Venture, Inc. and its U.S. Energy® team who has acquired 100% of the corresponding High Fidelity Crbon™ credits from the project.
News
April 24, 2025
Eni has reached financial closure with the UK Government’s Department of Energy Security and Net Zero (DESNZ) for the Liverpool Bay CCS project, where Eni is the operator of the CO2 transport and storage system (T&S) of the HyNet industrial Cluster.
News
April 23, 2025
HYCO1 and Malaysia LNG (MLNG) have signed a Memorandum of Understanding (MOU) to collaborate on the potential utilization and conversion of 1 Mmtpa of CO2. MLNG, a subsidiary of PETRONAS, is the CO2 supplier for the project.
News
April 23, 2025
Last Mile Production, LLC, an independent oil and gas operator in West Texas, has reported transformative results following the deployment of Enovate AI’s 3-Clicks Digital Strategy in collaboration with B4ECarbon™.
News
April 23, 2025
ExxonMobil has announced an agreement with Calpine Corporation, the nation’s largest producer of electricity from natural gas, to transport and permanently store up to 2 Mmtpa of CO2 from Calpine’s Baytown Energy Center near Houston.
News
April 21, 2025
China’s LNG imports from the U.S. dropped to zero in March, marking a major shift in global energy trade amid rising tariffs and trade tensions. The 70% quarterly drop signals a broader realignment in LNG flows.
