Page 17 - Offshore Technology News Today

ConocoPhillips, a US-based hydrocarbon exploration company, has divested its Indonesian assets to MedcoEnergi for $1.35bn.

According to GlobalData, global CDU capacity is set to grow by 11% over the next years, with Asia expected to dominate among all regions.

National Grid, operator of the Isle of Grain LNG terminal, has said it will not see further deliveries of Russian gas.

According to GlobalData, planned oil and gas FIDs reflect the importance of natural gas projects in the global effort to reduce emissions.

All eyes are on Russia’s oil and gas flows as the nation is barred from the international payment system SWIFT.

The decision is the latest in a series of exits from Western energy firms as nations move to halt any support to Russia's economy.

The coordinated release will see 60 million barrels of oil from emergency stocks from the US and its allies.

Italy is considering increasing gas supplies from Algeria to reduce its reliance on gas imports from Russia in the wake of Ukraine crisis.

The latest report by respected climate research group IPCC conclusively outlines global warming’s impacts on world energy generation.

The Oman Government is planning to award three oil and gas blocks this year to increase its exploration and production.