Business news

The Meritage acquisition transforms WES’s existing asset footprint in the Powder River Basin.

OQ offered about 2.1 billion shares in the IPO, representing a 49% stake in OQGN.

Finnish government have said to restrict access to LNG port, in the wake of gas pipeline damage.

The 2023 IPLOCA Awards were announced during the Annual Convention in Vancouver.

NNPC and its contractor, Oilserv Limited, are set to deliver the US$2.5 billion AKK gas pipeline project by next July.

ExxonMobil’s acquisition of Pioneer Natural Resources is the largest upstream deal since 2015.

Paints and coatings market to accumulate US$263 205 million by 2033, says latest Fact.MR study.

Celeros FT enters the next stage of its strategic vision, by closing the sale of its Filtration business to PX3 Partners.

Wood Mackenzie urges that 7 billion tpy of carbon capture is needed to meet net-zero by 2050.

If there is proof of attack to the Finland-Estonia pipeline it will be met with ‘determined’ response, says NATO.

Poland’s Orlen is to take over the Polish section of the Yamal gas pipeline, seeing Gazprom lose its stake.

Faris Churcher, Business Lead for Gas & Energy Transition at Oxford Flow, reacts to the IEA’s new report.

OPEC forecasts that US$14 trillion of investment will be needed to meet world oil demand until 2045.

The Israel-Hamas military conflict has resulted in a US$3.10 increase in the price of Brent crude to US$87.68 a bbl at 0400 GMT.

EIA projections indicate global energy consumption increases through 2050.