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US plans Alaska LNG summit, will urge Japan, South Korea to support project

Trump has touted the $44 billion Alaska liquefied natural gas project, which would deliver gas from the state’s North Slope fields via an 800-mile (1,300-km) pipeline for domestic use and also ship it to customers […]

Elliott wants BP to change structure, oust strategy chief, source says

Elliott holds a stake of a little more than 5% in BP, placing the investor between other top shareholders BlackRock and Vanguard, according to LSEG data. BP’s strategy, sustainability and ventures arm is led by […]

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American Association of Petroleum Geologists appoints new executive director

The American Association of Petroleum Geologists (AAPG) is pleased to announce that Thomas Wilker has been appointed as its new executive director. A longstanding member of AAPG, the Society of Exploration Geophysicists (SEG), and the […]

Contract wins in Americas, Africa and Australia boost growth at subsea cutting specialist Decom Engineering

Decom Engineering has announced a promising start to 2025 with contracts valued at more than £2 million ($2.66 million USD) secured in the first quarter, positioning the subsea cutting specialist for further international growth. […]

NCDMB, NGIC partner to drive local content within gas sector, infrastructure

*NCDMB, NGIC officials discuss strategic partnership. Mkpoikana Udoma Port Harcourt — In a move to deepen local content development and boost Nigeria’s energy infrastructure, the Nigerian Content Development and Monitoring Board, NCDMB, and the Nigerian […]

Valero Energy reports first-quarter loss on lower margins, impairment charges

Shares of the company declined 1.6% to $112.62 in early trade. Excluding asset impairment loss, the second-largest U.S. refiner by capacity posted an adjusted profit of 89 cents per share, beating tempered expectations of 42 […]

Matador plans to cut drilling activity, drop one rig by mid-2025

(Bloomberg) — Texas shale-oil company Matador Resources Co. plans to drop one of its nine drilling rigs by the middle of the year in response to plunging crude prices. The move will slice […]

Eni, UK government reach financial close for Liverpool Bay CCS project

Eni has reached financial close with the UK Government’s Department of Energy Security and Net Zero (DESNZ) for the Liverpool Bay CCS project, where Eni is the operator of the CO2 transport and storage system […]

BW Energy discovers substantial oil offshore Gabon appraisal well

*Dussafu acreage, offshore Gabon Lagos — BW Energy announced that its second sidetrack DBM-1 ST2 well has confirmed the substantial oil discovery with good reservoir and fluid quality of the Bourdon prospect in the Dussafu […]

Morocco issues expression of interest for LNG terminal

*Morocco Rabat- Morocco, seeking to diversify its coal-dependent energy sector, took the first step on Wednesday toward locating a liquefied natural gas terminal near the Mediterranean city of Nador. Morocco’s energy industry filed an expression […]