Oil and Gas • Industry • News

Canada and Alberta have agreed on a timeline for a new bitumen pipeline to connect Alberta producers with Asian markets.

Caturus has closed USD 9.75 billion in project finance and reached a positive FID on the Commonwealth LNG project in the US.

EagleRock Land has reached a valuation of USD 3 billion following its debut listing on the New York Stock Exchange.

ENEOS has acquired from Chevron a package of downstream assets in Southeast Asia and Australia for USD 2.2 billion.

BP has entered Uzbekistan with a PSA alongside Uzbekneftegaz and SOCAR covering six blocks in North Ustyurt.

Entreprise Générale du Cobalt, EVelution Energy and Trafigura have signed an MoU to build a direct cobalt supply chain between the DRC and the US.

TotalEnergies, QatarEnergy and ConocoPhillips have signed an MoU with the Syrian Petroleum Company to assess offshore exploration opportunities in…

ADNOC Drilling is prepared to expand the UAE’s oil production capacity beyond 5 million bopd by 2027 as the country advances upstream growth plans.

Etu Energias has completed the Espadarte 7ST2 appraisal well in Angola, with tests confirming the presence of high-quality reservoirs.

VoltaGrid has secured $1 billion in funding from Blackstone and Halliburton to deploy power equipment and microgrids for data centres in the US.