News

Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.

Rigzone·May 26·1 min read

Eni, BlackRock CCUS JV Raises $582MM

Italian energy major Eni and Global Infrastructure Partners (GIP), a BlackRock company, have successfully raised €500 million ($582 million) in fresh capital for their carbon management joint venture.

TIPRO Says Texas Upstream Employment Rose in April

Upstream hydrocarbon employment in Texas demonstrated continued resilience with measurable workforce growth recorded in April, according to the Texas Independen

Rigzone·May 26

The pace of renewables investment by oil and gas majors has moderated

Global integrated oil companies are recalibrating their capital allocation strategies by slowing the pace of their direct investments into renewable energy proj

Offshore Technology·May 26

Santos Says Moomba CCS Delivering Emissions Reduction at Scale

Santos has demonstrated commercial-scale operational success at its onshore Moomba Carbon Capture and Storage (CCS) facility in South Australia, reaching a mile

Rigzone·May 26

Eni consortium to move ahead with Baleine Phase 3 in Côte d’Ivoire

Italian major Eni and its joint venture partners have sanctioned the Final Investment Decision (FID) for Phase 3 of the deepwater Baleine field development offs

Offshore Technology·May 26·ENI S.p.A.
May 26

Pembina approves $412.8m Heartland Extraction Plant in Alberta

May 26

Analysts See Oil Being Pulled in 2 Directions

May 26

Germany Gets European Commission Approval for $1.5B Green Hydrogen Aid

May 26

Norway Gas Output Falls for 4th Consecutive Month

May 26

Exxon, QatarEnergy sign Egypt MoU for Cyprus natgas

May 25

Alaska Oil Revival Sparks New Energy Rush Into Arctic

May 25

North America Adds 21 Rigs Week on Week

May 25

India Raises Diesel, Gasoline Prices for 4th Time in May

May 25

QatarEnergy broadens its oil & gas footprint in Uruguay and Eastern Mediterranean

May 25

Chevron's Leviathan Partners to Supply Gas to Dalia Power Plants in Israel