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Commodities
Andreas Exarheas

Chevron JV in California Anaerobic Digestion Project

Brightmark RNG Holdings LLC, a joint venture partnership between Chevron U.S.A. Inc. and Brightmark Fund Holdings LLC, has announced plans to construct an anaerobic digestion project at Vlot Calf Ranch in Chowchilla, California. The Vlot project is anticipated to capture, clean, and convert methane from

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Commodities
Andreas Exarheas

KUFPEC Makes First Operated Offshore Discovery

Kuwait Foreign Petroleum Exploration Company, k.s.c.c. (KUFPEC) has announced that its wholly owned subsidiary KUFPEC Indonesia (Anambas) B.V. has made a commercial discovery of gas and condensate in the Anambas Block offshore Indonesia.  The find, which was made through the drilling of the Anambas-2X well,

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Commodities
Bojan Lepic

SBM Sells 45 Pct Stake In FPSO Set For Brazil

FPSO operator SBM Offshore has sold a stake in Almirante Tamandaré, an FPSO currently under construction and set to operate on Petrobras’ Buzios field offshore Brazil. SBM Offshore said back in July 2021 that it has signed contracts with Petrobras for the 26.25-year lease and

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Commodities
Jennifer Gnana

Saudi Arabia, Iraq sign agreement to link electrical power grids

Highlights Iraq under pressure to stop Iranian energy imports Gulf oil exporters are connected through regional grid Iraq, Jordan have previously discussed joining Saudi Arabia and Iraq signed a memorandum of understanding Jan. 25 to connect their electricity grids, as OPEC’s two largest oil producers

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