Friction Reducing Oil News Today

According to GlobalData's report, Spain leads LNG regasification capacity among European countries, with 2,188Bcf in 2021.

Smruthi Nadig explores why the Petroleum Safety Authority of Norway has urged oil companies to be more cautious of unidentified drones.

French grid operator GRTgaz has started direct gas supplies to Germany through a pipeline link to help ease energy crises in Berlin.

US-based Diamondback Energy has agreed to purchase all the leasehold interest and related assets of FireBird Energy for $1.6bn.

Sval Energi has closed the previously announced deals, worth $1.3bn in total, with Norway’s Equinor and Canada’s Suncor Energy.

LNG exporters to pay almost triple their current financial contribution to the government to help fund public services in Australia.

TotalEnergies has awarded a significant subsea contract to US-based offshore contractor McDermott for the Begonia project in Angola.

Slovakia's national gas importer SPP has signed a deal for LNG supply with ExxonMobil to further secure the country’s gas supplies.

Shell and Mitsui have agreed to jointly explore the technical and commercial feasibility of carbon capture and storage (CCS) in Asia Pacific.

Hydrogen blending has limited effects if gas grids are reduced as part of the UK’s decarbonisation process.