Production in the South West Meleiha licence started in 2019. Credit: James Armbruster from Pixabay. Italian exploration and production firm Eni has made an oil discovery at a new well in the South ...

Shell EP Middle East Holdings has signed an agreement to sell Shell Iraq’s (SIBV) entire stake in the West Qurna 1 oil field for $406m to a subsidiary of Japanese firm Itochu. The divestment comprises ...

Rosneft’s board has approved a five-year strategy that aims to bring qualitative changes to its business through the introduction of new technologies and increased returns of existing assets. The ...

GlobalData’s latest report, Shale as a theme in Oil & Gas, suggests that the US energy landscape has greatly benefited from the shale industry as production contributions have helped place the US at ...

Independent exploration and production firm Devon Energy has signed a $553m agreement to sell the southern portion of the Barnett Shale in the US. Located in Johnson County, the assets currently have ...

Marathon Gas Station in Long Grove, IL. Credit: Bill Crittenden. American petroleum refining and marketing firm Marathon Petroleum (MPC) has signed an agreement to sell its gas stations to the owners ...

North America-based energy infrastructure company Kinder Morgan has put the $500m, 50,000 barrels per day (bpd) Utopia pipeline into service in Ohio, US. With the start of operations, the company has ...

Venture Global Calcasieu Pass has signed an agreement to supply one million tonnes per annum (MTPA) of liquid natural gas (LNG) to Portuguese company Galp. Under the 20-year sales and purchase ...

Kinder Morgan Canada (KML) has decided to cease all non-essential activities and spending on the C$7.4bn ($5.8bn) Trans Mountain expansion project in the wake of opposition from various authorities, ...

Cenovus Energy is scaling down production at its oil sands facilities due to light-heavy price differentials and pipeline capacity constraints. The company is also storing excess barrels in its ...

GlobalData’s latest report, ‘Quarterly Midstream Capital Raising Review – Q3 2018’, shows that global raising activity in the midstream sector totaled $36.2bn in Q3 2018. This was a decrease of 18% ...

Asia is expected to lead in terms of planned and announced liquefied natural gas (LNG) regasification capacity, according to a report by GlobalData. Titled ‘Semi-Annual Global Capacity and Capital ...