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

Eni and BlackRock's carbon capture, utilization, and storage (CCUS) joint venture has secured EUR 500 million (approximately $582 million) in financing. This investment will support existing and futur

TIPRO Says Texas Upstream Employment Rose in April

The Texas Independent Producers and Royalty Owners Association (TIPRO) reported an increase in Texas upstream employment for April. This indicates continued gro

Rigzone·May 26

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

The article highlights the growth of renewable energy in the global power generation mix, noting a near doubling in the past decade while overall power generati

Offshore Technology·May 26

Santos Says Moomba CCS Delivering Emissions Reduction at Scale

Santos announced that its Moomba Carbon Capture and Storage (CCS) project in South Australia has sequestered 2 million metric tons of CO2 equivalent in 18 month

Rigzone·May 26

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

Eni and its partners have sanctioned the Phase 3 development of the Baleine oil and gas field in Côte d’Ivoire. This decision signifies continued investment in

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