A consortium of four firms has reportedly secured around $2.4bn (€2bn) in subsidies from the Dutch Government for the Porthos CO2 capture and storage project in port Rotterdam.
10 May 2021
6 May 2021
Royal Dutch Shell is set to exit upstream activities in Tunisia in a bid to shift its focus towards developing renewable energy.
29 April 2021
Brazil’s Petrobras has secured clearance from the board to offload its remaining 10% stake in the natural gas pipeline unit, Nova Transportadora do Sudeste (NTS), for $337m (BRL1.8bn).
28 April 2021
Saudi Arabia is reportedly in talks to divest a 1% stake in state-backed oil firm Saudi Aramco over the next two years to a foreign peer.
27 April 2021
Dana Gas and Crescent Petroleum have resumed the expansion project at the Khor Mor field in the Kurdistan Region of Iraq (KRI), which was halted due to the Covid-19 crisis.
26 April 2021
The Department of Energy (DOE) in the Philippines has approved Vires Energy’s (VEC) notice to proceed (NTP) application for the proposed integrated LNG project in the province of Batangas.
23 April 2021
Engen, a unit of Malaysia’s Petroliam Nasional, is reportedly planning to convert the 120,000-barrel-a-day refinery in South Africa into a terminal in 2023.
21 April 2021
Eni is reportedly looking to spin off its oil and gas assets in West Africa and the Middle East into new joint ventures.
20 April 2021
Eni has bolstered its position in the Middle East by winning a new deal to take an onshore exploration block in the UAE emirate of Ras Al Khaimah.
19 April 2021
British oil and gas major BP is planning to end natural gas flaring at its onshore oil and gas assets in the US by 2025.