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Shell sells its stake in Cyprus gas project
PetrusPetrusJul 31, 2026
Oil and gas industry · Gas ProductionEnergy and resources · Oil and GasEnergy and resources · Mining Industry

Shell sells its stake in Cyprus gas project

British Shell is selling its stake in the Cypriot Aphrodite gas project to Hungary's MOL Group for up to $720 million. The deal is expected to be finalized in early 2027, pending all necessary approvals.

#gas#investments#field#Chevron#Shell#EGAS
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BP sells its stake in Iraqi oil fields to Turkish TPAO
PetrusPetrusJul 29, 2026
Oil and gas industry · Oil ExtractionEnergy and resources · Oil and GasOil and gas industry · Gas Production

BP sells its stake in Iraqi oil fields to Turkish TPAO

BP has agreed to sell a 15% stake in its subsidiary that manages oil and gas fields in the Kirkuk region to the Turkish state company Turkish Petroleum. This deal expands BP and TPAO’s cooperation in Iraq and strengthens their strategic partnership.

#gas#Turkey#oil#agreement#BP#field
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Searah launches Indonesia's largest gas project
PetrusPetrusJul 28, 2026
Oil and gas industry · Gas ProductionEnergy and resources · Oil and GasOil and gas industry · Oil Extraction

Searah launches Indonesia's largest gas project

The Searah joint venture has begun construction of the topsides for the FPSO Bahtera Haluan Lestari, a key component of Indonesia’s large-scale Kutei North Hub gas project. The $11.8 billion project aims to advance the country’s energy sector, create new jobs, and introduce innovative technologies. It also has the potential to position Searah as one of the leading players in Southeast Asia’s oil and gas industry.

#investments#Indonesia#Petronas#FPSO#field#Eni
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The new installation increases oil production efficiency.
Cover generated by AI
PetrusPetrusJul 24, 2026
Oil and gas industry · Oilfield ServicesTechnologies and engineering · NanotechnologyOil and gas industry · Oil Extraction

The new installation increases oil production efficiency.

Russian engineers have developed a laboratory system that simulates real conditions in oil reservoirs and helps select the most effective materials to enhance hydraulic fracturing efficiency. The new installation has already proven its value at challenging oil fields and is planned for use at other sites as well.

#Siberia#technology#effectiveness#oil#laboratory#production
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Equinor has discovered a new field in the Barents Sea
PetrusPetrusJul 23, 2026
Oil and gas industry · Oil ExtractionEnergy and resources · Oil and GasEnergy and resources · Mining Industry

Equinor has discovered a new field in the Barents Sea

Equinor and its partners have discovered a new oil field near Johan Castberg in the Barents Sea, with reserves estimated at up to 10.5 million barrels. They are considering connecting it to the existing infrastructure.

#infrastructure#drilling#oil#Equinor#FPSO#field
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Equinor launches new gas projects in Norway
PetrusPetrusMay 5, 2026
Oil and gas industry · Gas ProductionEnergy and resources · Oil and GasOil and gas industry · Pipeline Transportation

Equinor launches new gas projects in Norway

Equinor has signed a contract for the design of the Atlantis gas condensate field and has launched the new Eirin gas field, further strengthening the development of the Norwegian continental shelf.

#gas#North_Sea#Norway#Equinor#Atlantis#gas_condensate
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Qnap has announced new NAS devices for video production

Oct 2, 202610/2/26 · 0 reactions

Tesla opened credit lines worth $30 billion

Oct 2, 202610/2/26 · 0 reactions

Air travel is on the rise, but new regulations are making the market more complicated.

Oct 1, 202610/1/26 · 0 reactions
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Cloud Computing

Qnap has announced new NAS devices for video production

Qnap has introduced three new NAS systems designed for video production tasks, equipped with USB4 ports for high-speed data transfer. These devices support various connection modes and are intended for use with high-capacity hard drives and SSDs.

Financial Analysis

Tesla opened credit lines worth $30 billion

Tesla has opened credit lines totaling $30 billion to finance major investments amid declining profits and rising capital expenditures. The new agreement expands the company's financial flexibility as it faces increasing pressure on its business.

Transportation Logistics

Air travel is on the rise, but new regulations are making the market more complicated.

Air transportation is becoming an increasingly important part of logistics, especially amid the instability of sea shipping. However, new regulations for preparing air waybills are creating additional challenges and risks for market participants.