Brazil oil auction draws renewed offshore exploration interest
(Bloomberg) – Brazil sold five of the seven blocks offered in an oil auction on Wednesday to majors…
LNG Producer Faces Lawsuits Over Alleged Contract Breaches
Venture Global has written to its long-term contract partners in the Plaquemines LNG plant to assure them it…
Perenco targets expansion into new countries to sustain oil and gas production growth
(Bloomberg) – Perenco SA, owned by the billionaire Perrodo family, is looking for opportunities to enter into new…
50 European corporates backing startups on the path to growth, innovation, and global impact
Across Europe, big companies are becoming strong backers of startup innovation, and corporate venturing is widely used as…
French political turmoil drags down European stocks – The Irish Times
European shares lost ground on Monday as French assets sold off in the wake of the country’s latest…
Economics rather than environmental concerns could sink Woodside’s proposed Browse gas project
Oil and gas giant Woodside’s fight to develop the huge Browse offshore gas fields has so far been…
Supermajors Slim Down to Protect Shareholder Payouts
The world’s biggest international oil and gas firms are accelerating layoffs this year in search of further cost…
BP Approves $5B Offshore Project in Gulf of Mexico
BP (NYSE:BP) is moving forward with plans to develop an offshore drilling project in the Gulf of Mexico…
Quarter of heatwaves this century ‘virtually impossible’ without climate change, study finds
A quarter of heatwaves this century would have been “virtually impossible” without human-caused climate change, according to a…
bp signs deal to drill five gas wells offshore Egypt
bp has signed a Memorandum of Understanding (MoU) to evaluate opportunities for a five-well program at water depth…
BP’s dash for gas: Five-well drilling campaign on Mediterranean’s horizon
UK-headquartered energy giant BP has taken steps to expand its natural gas arsenal in the Mediterranean Sea by…
Iraq and BP Forge $25 Billion Kirkuk Oil Deal
BP engineers have arrived in Kirkuk and have launched initial assessments at four strategic oilfields in the northern…