BP Announces Largest Discovery in 25 Years as It Shifts Focus Back to Fossil Fuels
BP makes biggest find in 25 years as it refocuses on fossil fuels Energy giant BP says it has made its largest oil and gas discovery this century as it shifts its focus away from renewable energy and back to fossil fuels. The UK-based firm said on Monday that it is conducting tests at the […]
Biden’s Exit Fuels Expansion in the LNG Industry
Biden’s departure spurs LNG industry growth A flare burns off excess natural gas Friday, April 8, 2022, in Midland, Texas. (Odessa American/Eli Hartman) The American liquefied natural gas industry is booming with eight multi-billion dollar export terminals operating along the Gulf Coast, five under construction and 18 that have been approved but are not yet […]
Oil and Gas Initiatives Accelerated as Minnesota Power Announces Transition Away from Fossil Fuels
Oil and gas projects fast-tracked, while Minnesota Power plans to quit fossil fuels Catch the latest energy news from around the Great Lakes region. Check back for these biweekly Energy News Roundups. Hundreds of energy projects may have their permits fast-tracked by the Trump administration, including Enbridge’s tunnel for Line 5 in the Straits of Mackinac and […]
LNG Market Poised for Growth and Stability as Asia Fuels Demand, Experts Say – ET EnergyWorld
LNG market set for balance and expansion as Asia drives demand, say Experts, ET EnergyWorld New Delhi: The global LNG market is expected to remain stable and balanced over the coming decade, driven by phased capacity expansion, consistent demand, and evolving infrastructure, experts said at the Economic Times Oil & Gas Annual Conference & Expo […]
GeoPark Purchases Repsol’s Colombian Oil and Gas Assets for $530 Million
GeoPark acquires Repsol’s Colombian oil and gas assets for $530 million GeoPark Limited, a prominent independent energy company operating across Latin America, has signed Sale and Purchase Agreements (SPAs) with Repsol Exploración S.A. and Repsol E&P S.A.R.L to acquire key oil and gas assets in Colombia. The acquisition encompasses Repsol Colombia O&G Limited’s 45% non-operated […]