Oil & Gas
America
Enbridge Announces Two Gas Transmission Projects in the US
Enbridge Inc. announced that it has reached a final investment decision on two significant gas transmission projects. The company has signed commercial agreements for the Algonquin Reliable Affordable Resilient Enhancement project (AGT Enhancement), which will expand capacity on the...
America
U.S. LNG Exports Growth Projected to Surge Through 2030
U.S. liquefied natural gas exports are projected to expand by approximately 10% annually through 2030 as energy companies accelerate efforts to double LNG production capacity, analysts say. This surge offers an impetus for the nation’s shale sector, which has...
Companies
Aker BP Makes Significant Omega Alfa Oil Discovery In Norway
Aker BP has concluded the Omega Alfa exploration campaign in the Norwegian North Sea with a major outcome, identifying a substantial oil discovery that adds considerable new resources to the Yggdrasil area. The recoverable reserves from the Omega Alfa...
Asia
Aramco Signs $11b Jafurah Midstream Deal With GIP Consortium
Jafurah Midstream Gas Company has secured a major foreign direct investment, together with a lease and leaseback agreement for the development and usage rights of Aramco's midstream assets at Jafurah. The transaction guarantees Aramco a receipt of $11 billion...
Companies
BP Reveals Major Oil And Gas Discovery In Brazil In 25 Years
BP has unveiled what it considers its most important oil and gas discovery in more than 25 years. Found in Brazil’s Santos basin, the discovery comes at a time when the company is shifting from a recent push into...
Asia
Kazakhstan Unveils Long Term Oil Refining Strategy
The government of Kazakhstan has approved a long-term oil refining strategy for sector growth that will last from 2025 to 2040. This strategy intends to make the industry more competitive in light of changes in the global energy market...
America
Trump Administration Keeps Eddystone Power Plant Running
As a precautionary measure against electricity shortages in the 13-state mid-Atlantic grid, the U.S. Department of Energy has directed an oil and gas facility in Pennsylvania to maintain its turbines during the hottest summer months.
The department's order to the...
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