Page 28 - Offshore Technology News Today

The Scarborough gas project is Australia’s largest fossil fuel development in a decade, but environmental concerns have brought it to court.

The nation joins the likes of Japan, South Korea, and India as it pitches in to the US plan to cool rising oil prices.

Over the past few years, China-Portugal relations have shown a sound momentum of development, with frequent high-level exchanges, promising results in pragmatic cooperation in all areas under the framework of the Belt and Road Initiative, and intensive cooperation in areas of multilateral cooperation.

Desert Peak Minerals, which focuses on investing in Permian basin mineral and royalty interests, has agreed to merge with Falcon Minerals.

Polish refiner and fuel retailer PKN Orlen has agreed to divest Lotos Group assets to Saudi Aramco and Hungary's MOL.

The Scarborough gas project is Australia’s largest fossil fuel development in a decade, but environmental concerns have brought it to court.

Saipem has received two contracts, worth $1.1bn in total, for the Scarborough and Yellowtail fields, offshore Australia and Guyana.

ExxonMobil has reportedly launched the sale of shale gas assets in the Appalachian basin in Ohio in the US.

Government body predictions show the US oil industry is set for a record year after pandemic lows, challenging climate ambitions.

Italian oil and gas company Eni has received five new exploration licences from the Egyptian government, including four as operator.