Commodities

Wooden JV wins EPC contract for bpTT’s Ginger fuel venture

(WO) - Massy Wooden, the Trinidad and Tobago–primarily based three way partnership between...

TotalEnergies emerges as prime bidder for Galp’s Namibia Mopane oil stake

(Bloomberg) – TotalEnergies SE has emerged because the main bidder to purchase a stake in Galp Energia SGPS SA’s main oil discovery offshore Namibia, in response to folks accustomed to the matter. The French...

Ecopetrol to drill as much as 430 wells below 2026 funding plan as upstream stays precedence

Ecopetrol has accredited an funding plan of COP 22–27 trillion ($5.4–$6.7 billion) for 2026, sustaining capital ranges much like these projected for year-end 2025 whereas prioritizing upstream improvement and operational efficiencies. Roughly 70% of...

ConocoPhillips awards Aker Options substantial six-year M&M deal on NCS

Aker Options has secured a considerable long-term upkeep and modifications (M&M) contract from ConocoPhillips for work on the Eldfisk and Ekofisk fields offshore Norway, extending one of many firm’s largest brownfield portfolios on...

Petrobras trims $109 billion capex plan as decrease oil costs strain dividends

(Bloomberg) – Brazilian oil main Petrobras introduced a 2% lower in its subsequent five-year funding plan to $109 billion, placing dividend funds doubtful at a time of decrease oil costs. Shares fell.  ...

Oil and gasoline corporations get extra time below EPA’s revised methane rule

(Bloomberg) – The Environmental Safety Company on Wednesday finalized a rule granting oil and gasoline operators greater than a yr in further time to adjust to mandates set by former President Joe Biden to interchange...

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