Downstream

Vitol, Trafigura as well as TotalEnergies – the Global oil firms and traders have won tenders to go ahead and supply gasoline and diesel...

The acceleration of global climate initiatives has placed a spotlight on offshore carbon capture storage project deployment as a vital tool for industrial decarbonization. By utilizing depleted oil and gas reservoirs and advanced subsea injection systems, the industry is creating a reliable framework for the permanent sequestration of greenhouse gases beneath the seafloor.

A Greek consortium is advancing talks to secure long-term American gas supplies as Europe reshapes its energy strategy. The Greek joint venture seeks 20-year...

Growing global demand for transition fuels drives the acceleration of gas development projects intended to secure long-term energy availability. By focusing on offshore gas supply and the expansion of LNG infrastructure, regional markets are prioritizing energy security while moving toward a lower carbon intensity in their energy mix.

The shifting landscape of Asian offshore energy markets focuses on low carbon development and offshore electrification to align traditional oil and gas operations with global sustainability targets. This transition is characterized by a dual-track approach that integrates renewable infrastructure with decarbonized fossil fuel extraction to maintain regional energy security.

In recent news, Chevron and Quantum Capital Group have come together for a joint bid concerning the international assets of Russian oil major Lukoil,...

Vistra Corp. has struck a deal in order to majorly expand its U.S. generation footprint by way of agreeing to acquire the portfolio from...