Oil and Gas • Industry • News

BP’s FPSO for the Greater Tortue Ahmeyim LNG development has arrived offshore Mauritania and Senegal.

The Africa Energy Bank has been formally established in Cairo with a capital base of USD 5 billion.

Canada's TC Energy will spin off the company's liquids pipeline business to a new entity that will own the Keystone oil pipeline.

TotalEnergies has expanded its LNG shipments to Asia with two new contracts.

Subsea7 has won a $1.25-billion contract from Petrobras for four pipe-laying support vessels in Brazil.

Claudia Sheinbaum, a climate scientist who promises a shift in focus towards renewables, has won Mexico's presidential elections.

South Africa's state-owned Central Energy Fund has agreed to purchase BP and Shell's 180,000-bpd SAPREF refinery in Durban.

South Korea's president has said there is a high probability of reserves of 14 billion barrels off the country's coast.

OPEC+ has decided to extend oil production cuts into 2025.

Mining giant BHP has abandoned its USD 49-billion bid to acquire Anglo American after its request for further talks to iron out details was refused.