Shell forecasts global LNG demand to surge up to 85% by 2050
Shell's latest LNG outlook underscores a robust long-term growth trajectory for natural gas, positioning it as a critical bridge fuel through 2050. Despite global decarbonization efforts, the forecast
Operations cease at UAE’s Shah gas field after drone strike
Operations at ADNOC's Shah gas field in the UAE have been suspended following a drone attack. Authorities are currently assessing the extent of the damage. This
Offshore Technology·Mar 17
Petrobras to buy Petronas’ 50% Campos Basin stakes for $450m
Petrobras is set to acquire Petronas' 50% stake in the Tartaruga Verde and Espadarte-Module III fields in the Campos Basin for $450 million. This move consolida
Offshore Technology·Mar 17
Angola’s first non-associated gas development goes live
Azule Energy, a joint venture between Eni and BP, has successfully launched Angola's first non-associated gas project, marking a significant milestone in the co
UAE Gas Field Ablaze as Trump Pushes for Help on Hormuz
The direct targeting of UAE gas infrastructure by Iran marks a severe escalation in Middle Eastern energy security risks. This incident has prompted the US admi
Rigzone·Mar 17
Mar 17
Eni discovers more than 1tcf of gas near Libya’s Bahr Essalam field