Eni

Contract represents MODEC’s first project for Eni Mexico.

High oil prices will mean more spending on workovers to eke out more oil and gas from older wells. The amount will depend on finding those willing and able to do that tricky work.

Azule Energy, a new E&P company, will be independently managed and one of Angola’s largest oil producers.

A week after its certification was halted, the company managing the Gazprom-operated pipeline has let go its staff and says its website has been attacked.

Gas discovery the first from nation’s offshore exploration concessions.

Deal also includes commitment from Eni to drill four wells.

Subsidies lapse while others take hold in a bid to bolster offshore wind energy capacity around the globe.

New investment, maturity in nuclear fusion technology could be the key to meeting lofty emissions goals.

East Med gas production, leveraged by Egypt’s position at the mouth of the Suez Canal, is redefining geopolitical relations as North Africa, Europe, and the Middle East strive to create a new distribution hub for energy, legacy, and renewables.

Africa’s first floating LNG facility will be towed from South Korea to its new home on the Coral South project.