Oil companies win favourable arbitration rulings in Kashagan field dispute
A court of arbitration in Kazakhstan has ruled in favour of major oil companies in a dispute with the government …
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JERA, bp unveil leadership team for planned 50-50 offshore wind JV
JERA and bp have revealed the leadership team for their planned 50-50 offshore wind joint venture (JV), JERA Nex bp. The …
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Shell starts oil production from phase four of Malaysia’s deep-water GKGJE project
Sabah Shell Petroleum Company (SSPC) has started first oil production from phase four of the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) deep-water offshore …
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US plans $20bn investment to refill oil reserve
The US Energy Secretary, Chris Wright, has announced plans to seek up to $20bn to achieve President Donald Trump's objective …
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Hunting acquires Organic Oil Recovery tech for $17.5m
Hunting, a UK-based energy services provider, has announced the acquisition of Organic Oil Recovery (OOR) technology from its original shareholders …
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DNO to acquire Sval Energi for $1.6bn, expanding North Sea portfolio
DNO, a Norwegian oil and gas operator, has announced the signing of an agreement to acquire all shares of Sval …
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Vitesse Energy completes $222m acquisition of Lucero Energy
Vitesse Energy, a US-based oil and gas company, has completed the acquisition of Lucero Energy, a Canada-based oil company, following …
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Pemex explores Asian and European markets for crude oil following US tariffs
Mexico's state-owned company, Pemex, is seeking new buyers for its crude oil in Asia and Europe after the imposition of …
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Baker Hughes, Woodside Energy collaborate on small-scale decarbonisation solutions
Baker Hughes and Woodside Energy have announced a joint initiative to develop a lower-carbon power generation technology using the Net …
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EU debates flexibility on gas storage targets
The European Commission's proposal to extend the EU's current gas storage regulation until 2027 has met with resistance from member …
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Iraqi oil export talks with Türkiye fail again
Efforts to restart Iraqi oil exports to Türkiye have reached an impasse for the second time in a week, with …
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Petro-Victory Energy and BlueOak Investments to acquire Capixaba Energia
Petro-Victory Energy and BlueOak Investments have signed an agreement to acquire Capixaba Energia, a fully integrated onshore Brazilian production company. The …
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Prospera Energy to expand asset portfolio with WTP acquisition
Prospera Energy has signed an agreement to acquire White Tundra Petroleum (WTP) aiming to expand its asset portfolio of low-decline …
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Venture Global to invest $18bn in Plaquemines LNG facility expansion
Venture Global has unveiled plans to expand its Plaquemines liquefied natural gas (LNG) facility south of New Orleans, Louisiana, US. The …
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UK to overhaul oil and gas windfall tax regime after 2030
The UK Government has announced plans to reform its windfall tax regime on oil and gas producers once the current …
