Shell sells Aphrodite gas stake to MOL for up to $720 million
July 31, 2026
Shell has agreed to sell its 35% interest in Cyprus’s Aphrodite gas field to MOL Group for up to $720m. The
Natural Gas
Eni and TotalEnergies sanction Cyprus’s first gas development
July 29, 2026
The Cronos field is scheduled to begin production in 2028 and supply around 2.8 million tonnes of LNG annually. Four subsea
OEUK presses for Rosebank and Jackdaw consent as consultations enter final weeks
July 28, 2026
Offshore Energies UK has backed renewed consent for Rosebank and Jackdaw, arguing that the projects represent £10.8bn of investment and could
Burnham reportedly leans towards Rosebank and Jackdaw approvals
July 27, 2026
Prime Minister Andy Burnham is reportedly inclined to support both Rosebank and Jackdaw North Sea developments, but no formal decision has
Centrica puts Rough storage on course for closure without government support
July 24, 2026
Centrica does not currently intend to extend Rough’s production and storage consent beyond 30 April 2027. Seasonal storage operations have already
Europe faces heightened winter gas risk as storage recovery falters
July 23, 2026
European gas storage is only 54% full, significantly below its five-year average and at its second-lowest level in 15 years. Equinor
ADNOC approves $6.2 billion Umm Shaif gas development offshore Abu Dhabi
July 22, 2026
ADNOC and its international partners have taken a $6.2 billion final investment decision on the offshore Umm Shaif Gas Cap. The
Shell reports stronger gas trading as Middle East disruption cuts Q2 output
July 7, 2026
Shell has raised its Q2 production guidance for integrated gas, LNG and upstream, while forecasting significantly stronger gas trading earnings than
National Grid Ventures makes $1.75 billion bet on data centre power
July 2, 2026
National Grid Ventures will invest $1.75 billion for a 35% stake in Joulent, a US energy platform building 2.67 GW of
XRG, Eni to acquire minority stakes in major Argentine LNG project
June 30, 2026
Abu Dhabi’s XRG and Italy’s Eni have agreed to acquire 32% stakes each in three upstream blocks in Argentina’s Vaca Muerta
Recent News
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Perenco completes Leman South and Durango subsea decommissioning
October 20, 2026
