OTC Asia 2026

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      Equinor and GRTgaz sign agreement to develop CO2 transport infrastructure in France

      Equinor and main French gas transmission operator GRTgaz sign project development agreement (PDA) for a CO2 transport system for captured CO2 from industrial emitters...

      bp to acquire full ownership of bp Bunge Bioenergia while refocusing plans for new biofuels projects

      bp has agreed to acquire Bunge’s 50% holding interest in its bp Bunge Bioenergia S.A. joint venture, one of Brazil’s leading biofuels-producing companies. Upon completion,...

      Var Energi extends gas sales agreement with VNG for an additional 12 years

      Vår Energi ASA has extended the long-term agreement for delivery of up to five billion cubic meters (bcm) natural gas to VNG Handel &...

      PETRONAS CCS Ventures and DNV Sign Master Price Agreement to Certify CO2 Storage Sites for CCS Projects in Malaysia

      PETRONAS’ wholly-owned subsidiary, PETRONAS CCS Ventures Sdn Bhd (PETRONAS CCS Ventures) and DNV have recently signed a Master Price Agreement for the certification of...

      Aker BP makes offshore natural gas discovery in Barents Sea exploration well

      According to the Norwegian Offshore Directorate, Aker BP has made an offshore natural gas discovery in the 7324/6-2 exploration well, known as “Ferdinand Nord,”...

      bp to acquire full ownership of bp Bunge Bioenergia while refocusing plans for new biofuels projects

      bp has agreed to acquire Bunge’s 50% holding interest in its bp Bunge Bioenergia S.A. joint venture, one of Brazil’s leading biofuels-producing companies. Upon completion,...

      McDermott Selected by Abraxas Power for Canadas First Commercial Green Hydrogen and Ammonia Production Facility

      McDermott has been awarded an Early Contractor Involvement (ECI) agreement from Abraxas Power Corporation for the Exploits Valley Renewable Energy Corporation (EVREC) project located...

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      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

      Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but...

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