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Oil & Gas DECODED

Latest edition: 17 May 2024
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Spotlight

WM weighing sale of $3bn renewable natural gas unit

The sale could involve the rights to develop renewable natural gas (RNG) operations on 115 landfills owned by WM.

Latest news

ADNOC looking to establish trading desk in US

This move is part of the United Arab Emirates (UAE) Government-backed oil and gas company’s efforts to expand its global presence.  

Chevron reportedly set for UK North Sea exit after 55 years

Chevron is set to commence the sale of its remaining UK North Sea assets, which will mark the US energy giant’s departure from the basin after more than five decades, reported Reuters.

Italian Treasury divests 2.8% stake in Eni for €1.4bn

Italy's Treasury has sold a 2.8% stake in oil and gas company Eni, raising approximately €1.4bn.

Crescent Energy to acquire SilverBow Resources in $2.1bn deal

The combined entity will have an estimated production of around 250,000 barrels of oil equivalent per day (boepd). 

Outlook: global LNG trade amid market uncertainties

Demand and supply patterns for liquefied natural gas (LNG) have changed due to of geopolitical tensions and market uncertainties.

Petronas announces new hydrocarbon discovery offshore Suriname

The latest discovery follows Roystonea-1 and Sloanea-1 discoveries in the region. 

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