Friday, 4 April 2025
FILE PHOTO: An oil field is seen in Dibis area on the outskirts of Kirkuk, Iraq October 17, 2017. REUTERS/Alaa Al-Marjani/File Photo
BusinessFuelNatural GasNewsOil

BP-Iraq deal on Kirkuk fields to use profit-sharing model

Iraq and BP have signed a preliminary deal to develop Kirkuk's oil fields on a profit-sharing basis, marking BP's return after five years.

Senegalese President Bassirou Diomaye Faye, who swept to victory in March on a promise of radical reform, has declared an audit of the oil, gas and mining sectors (AFP)
ElectionsFuelNatural GasNewsOilPoliticsTrade

Senegal sets up commission to review oil and gas deals

Prime Minister announces commission to 'rebalance' fossil fuel contracts 'in the national interest', after promises made before March election.

LSEG signage is seen on screens in the lobby of the London Stock Exchange in London, Britain, May 14, 2024. REUTERS/Hannah McKay/File Photo
BusinessCritical MineralsMiningNewsOil

Copper miners, energy stocks pull FTSE 100 lower

Energy shares were the biggest losers on the FTSE 100, declining 1% due to a drop in oil prices.

News Release

Interim results for the period ended June 30, 2024

Highlights and subsequent events  Golar LNG Limited (“Golar” or “the Company”) signed an agreement for a 20-year FLNG deployment in Argentina. Strong progress...

A judge said the Government had given ‘clear and lawful’ reasons for backing the power plant project (Joe Giddens/PA)
Carbon ManagementClimateCourtsElectricityEmissionsNewsPolitics

Judge rejects High Court challenge over new gas power plant

British environmental consultant's action against Net Zero Teesside Project over its projected emissions rejected by court.

FILE PHOTO: Democratic presidential candidate and U.S. Vice President Kamala Harris speaks at a campaign event at UNLV (University of Nevada, Las Vegas) campus, in Las Vegas, Nevada, U.S., August 10, 2024. REUTERS/Kevin Mohatt/File Photo
ElectionsFuelLiquefied Natural GasNewsOilPolitics

Harris’ energy policy is strategically ambiguous, her aides say

Industry analysts look to previous campaigns and political record for clues on Kamala Harris' energy policies as Trump rails against renewables.

FILE PHOTO: A Chevron gas station sign is seen in Austin, Texas, U.S., October 23, 2023.   REUTERS/Brian Snyder/File Photo
FuelInfrastructureNewsOilTransmission

Chevron delivers industry first in ultra-high pressure oil field

Chevron has achieved a technological breakthrough, producing first oil from Gulf of Mexico field under extreme subsea pressures

News Release

JERA Nex Expands Presence in US with 395MW Solar Farms Acquisition From Lightsource bp

LONDON--(BUSINESS WIRE)--JERA Nex, JERA’s global renewable energy business, has acquired two US solar projects totaling 395MW AC from Lightsource bp, a global leader...

News Release

Golar and bp enter into commercial reset arrangements for FLNG Gimi

Golar LNG Ltd. (“Golar”), and bp, as Operator of the Greater Tortue-Ahmeyim LNG Project, have executed agreements to implement a commercial reset for...

FILE PHOTO: Australia's Woodside Energy Group's exhibition booth is seen at the World Gas Conference 2022 in Daegu, South Korea May 23, 2022. REUTERS/Florence Tan/File Photo
EnvironmentLiquefied Natural GasNatural GasNewsRegulations

No decision yet on $21bn gas project, Australian state regulator says

Woodside Energy's Browse gas project in doubt after newspaper leaked regulatory comments, with official recommendations due next year.

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