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OPEC+ reduced oil supplies could result in global recession, IEA warns

International Energy Agency says that a fall in OPEC oil supplies risks global energy security.

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Carlyle considers sale of Gabon oil firm Assala Energy for over $1bn

Carlyle Group is considering the sale of Gabon-focused oil and gas producer Assala Energy to capitalise on surging global energy prices.

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Kumul offers to acquire 5% stake in PNG LNG project from Santos

Santos has received an offer from Kumul Petroleum to acquire a 5% stake in the $19bn PNG LNG project located near Port Moresby, for $1.4bn.

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Unexplained leaks found in Nord Stream gas pipeline in European waters

Rumours of sabotage surround the gas leak from Nord Stream 2 pipeline.

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Germany signs deal to acquire additional stake in gas giant Uniper

The German government has signed a deal to acquire additional stakes and nationalise gas importer Uniper to ensure energy supplies.

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