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.
In our previous edition
Oil & Gas Decoded
IEA cuts 2024 oil demand growth forecast
16 May 2024
Oil & Gas Decoded
ADNOC Drilling secures $1.7bn unconventional wells drilling contract in UAE
15 May 2024
Oil & Gas Decoded
UK MoD: Russia-Ukraine war a factor in Gazprom's massive 2023 loss
14 May 2024
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