Tag: Oil and gas industry news

Valeura Energy extends key contracts for Jasmine oil field in Thailand

businessnewstoday- June 2, 2023

Valeura Energy, a Canadian upstream oil and gas company, has announced the extension of two crucial contracts related to the Jasmine oil field in Thailand. ... Read More

QatarEnergy, Petrobangla ink long-term LNG agreement to boost energy cooperation

businessnewstoday- June 2, 2023

QatarEnergy, a global energy company from Qatar, has announced a major milestone in its partnership with Bangladesh Oil, Gas and Mineral Corporation (Petrobangla). QatarEnergy Trading, ... Read More

Kinder Morgan to expand Markham gas storage facility to meet growing demand

businessnewstoday- June 1, 2023

Houston-based energy infrastructure company Kinder Morgan has announced plans to expand the working gas storage capacity at its Markham gas storage facility in Matagorda County, ... Read More

TotalEnergies and partners sign PSC for Agua Marinha Block in Brazil’s Campos Basin

businessnewstoday- June 1, 2023

TotalEnergies, in partnership with Petrobras, QatarEnergy, and PETRONAS Petróleo Brasil Ltda (PPBL), has officially signed the production sharing contract (PSC) for the Agua Marinha block. ... Read More

TotalEnergies renews production license for OML130 block in Nigeria

businessnewstoday- May 29, 2023

French oil and gas company TotalEnergies has announced the renewal of its production license for the offshore OML130 block in Nigeria. This renewed license grants ... Read More

ConocoPhillips exercises pre-emption right for TotalEnergies’ Surmont stake

businessnewstoday- May 28, 2023

ConocoPhillips has exercised its pre-emption right, resulting in the acquisition of the 50% interest in the Surmont oil sands project previously held by TotalEnergies EP ... Read More

Surmont oil sands project : ConocoPhillips to buy out TotalEnergies’ stake

businessnewstoday- May 27, 2023

ConocoPhillips has announced its intention to exercise its preemption right to purchase the remaining 50% stake in the Surmont oil sands project from TotalEnergies EP ... Read More

Chord Energy to acquire Williston Basin assets from XTO Energy for $375m

businessnewstoday- May 25, 2023

Chord Energy Corporation, a Nasdaq-listed exploration and production company, has signed an all-cash deal worth $375 million with XTO Energy ExxonMobil Inc. and affiliates, which are ... Read More

Sakarya field development phase 2 : Subsea 7 bags contract from Turkish Petroleum

businessnewstoday- May 24, 2023

Subsea 7 S.A. has been awarded a contract for the second phase of the Sakarya field development in the Turkish waters of the Black Sea. ... Read More

Chevron to acquire oil and gas firm PDC Energy for $7.6bn in all-stock deal

businessnewstoday- May 22, 2023

Chevron Corporation has signed an all-stock deal to acquire PDC Energy, a Nasdaq-listed oil and gas exploration and production company, for a consideration of $7.6 ... Read More