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Overview
Oil and gas news and in-depth feature articles on the biggest offshore projects, exploration and decommissioning technology and innovation, as well as data on the latest oil price trends.
News
Energean plans to buy bp's Egyptian oil and gas assets for $1bn
Energean is in exclusive discussions with BP to purchase a selection of the British company's upstream oil and gas holdings in Egypt, reported Reuters, citing two people involved in the process.
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Acerta to expand liquids-rich Alberta production with Astara deal
Acerta Energy has agreed to acquire rival Canadian oil and gas firm Astara Energy in a transaction valued at approximately C$127m ($91.55m), including assumed net debt.
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Enbridge, KKR form joint venture for Westcoast pipeline expansion
Enbridge and KKR have agreed to form a joint venture (JV) that will provide funding for the Aspen Point and Sunrise Expansion Programmes of the Westcoast natural gas pipeline system in British Columbia (BC), Canada.
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TotalEnergies exits Arctic LNG 2 with 10% stake sale to NordLine
TotalEnergies has completed the transfer of its 10% interest in the Arctic LNG 2 project in Russia's Gydan Peninsula to NordLine, a subsidiary of Novatek.
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Fire at Russia's Amur petrochemical complex causes multiple casualties
A fire accident broke out at the Amur Gas Chemical Complex (AGCC) in Russia's far eastern Amur region, killing seven people, including six Chinese nationals, reported Reuters.
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