GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
U.S. officials are drafting agreements to pay nearly $1 billion to oil major TotalEnergies as compensation for the cancellation of leases for wind farms in federal waters off New York State and North Carolina, the New York Times reported on Tuesday.
[Read more…] about US weighs $1 billion wind farm settlement for TotalEnergiesEni has made two new gas discoveries in Libya as a result of an exploration campaign initiated in the past months.
[Read more…] about Two new gas discoveries in Libya for EniLast Friday, the Trump administration directed Sable Offshore to restore oil drilling operations off the southern California coast, the U.S. Energy Department said.
[Read more…] about Trump directs Sable Offshore to restore Santa Ynez oil unitKorea Gas Corp. has signed a Memorandum of Understanding (MOU) with Japan’s biggest liquefied natural gas (LNG) buyer, JERA, to strengthen cooperation on LNG supply and demand management.
[Read more…] about KOGAS signs LNG supply cooperation deal with Japan’s JERAØrsted said it will hold its annual general meeting on 9 April 2026 at its headquarters in Gentofte, Denmark.
[Read more…] about Ørsted proposes three new Board Members during Annual MeetingChevron and Shell are advancing discussions with Venezuelan authorities on new oil production agreements that could significantly expand their operations in the country’s energy sector.
[Read more…] about Chevron and Shell move toward oil development agreements in VenezuelaBrazilian engineering company Oceanica Engenharia has secured a series of long-term contracts with Petrobras, Brazil’s state-owned oil and gas company, with a combined value of approximately $736 million.
[Read more…] about Oceanica secures long-term contracts with PetrobrasInitial drilling results from the Sirius-1X exploration well in the Mediterranean Sea offshore Egypt have shown encouraging indications of potential gas resources, according to Egypt’s Ministry of Petroleum and Mineral Resources.
[Read more…] about Encouraging signs from Sirius-1X exploration well offshore EgyptTokyo Gas Engineering Solutions (TGES) has signed an agreement with IX Renewables of the Netherlands to collaborate on an offshore wind power generation project.
[Read more…] about TGES and IX Renewables sign offshore wind pactPETRONAS has made its first hydrocarbon discovery at the Barokah-1 exploration well.
[Read more…] about PETRONAS confirms hydrocarbon discovery at Barokah-1