Energy major BP will become the operator of a large offshore natural gas production project in Azerbaijan - the Babek gas field - three industry sources told Reuters on Wednesday.BP already has significant exposure to oil and gas production in the South Caucasus country, whose energy reserves became more significant for Europe after it decided to cut its dependence on
Petronas has confirmed that an incident occurred during lifeboat maintenance work at the Sepat floating, storage and offloading (FSO) unit offshore Malaysia
Brazil's state-run oil firm Petrobras' negotiation with SBM Offshore for two floating oil and gas production vessels (FPSO) for its Sergipe deepwater project is done
Japanese trading house Mitsui is looking to invest in LNG projects across the Middle East, the U.S. and Australia to meet rising power demand from data centers, Bloomberg News reported on Thursday
Oil futures fell more than 1% on Friday and were on track for their steepest weekly decline since early April, following reports that the U.S.
A union group said on Tuesday it had pulled strike action at Inpex's Ichthys liquefied natural gas facility in Darwin planned for Wednesday and Thursday due to progress made in bargaining.
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