Gran Tierra Energy unveils 2025 budget, 44% production growth forecast
Gran Tierra Energy’s 2025 capital budget and production guidance forecasts capital expenditure of between $240m (C$343.91m) and $280m. It expects cash …
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O&G 2025: Our GD analyst annual outlook
Demand forecasts converge in 2025. China and non-Organisation for Economic Co-operation and Development (OECD) growth, Europe transition, and US shift …
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Petrobras begins binding phase for sale of 25% stake in Tartaruga field
Brazilian state-controlled company Petrobras has begun the binding phase of selling its 25% minority stake in the exploration, development and …
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ConocoPhillips takes over operatorship of Kebabangan Cluster PSC in Malaysia
Malaysia’s state-run oil company, Petronas, has completed the official transfer of its operatorship for the Kebabangan Cluster production sharing contract …
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Trump’s IRA funding suspension applies to programmes hindering fossil fuel development
The White House has announced that President Donald Trump's recent executive order, titled 'Unleashing American Energy' to halt the disbursement …
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Kirkland & Ellis leads as 2024’s top M&A legal adviser in oil and gas sector
Kirkland and Ellis secured the top position as the leading mergers and acquisitions (M&A) legal adviser in the oil and …
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Citi and Jefferies emerge as top oil and gas M&A financial advisers in 2024
Citi and Jefferies topped the list of financial advisers for mergers and acquisitions (M&A) in the oil and gas sector …
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TotalEnergies’ $20bn Mozambique LNG project faces operation delay
TotalEnergies has announced that the anticipated start of its $20bn (€19.22bn) Mozambique LNG project will be postponed beyond 2029. The company …
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Bharat Petroleum to invest $121m in Nunukan O&G block in Indonesia
Bharat Petroleum Corporation Limited (BPCL), India's second-largest state refiner, has announced plans to invest $121m to develop the Nunukan oil …
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EnQuest acquires Harbour Energy’s Vietnam business
EnQuest has signed a sale and purchase agreement to acquire Harbour Energy's Vietnam business, marking an expansion of its operations …
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Trump’s trade, tech wars to hit ‘businesses in all sectors all over the world’
The trade and tech wars that Donald Trump is expected to unleash as central pillars of his second US presidency …
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Aker Solutions signs partnership agreement with Vår Energi for NCS projects
Aker Solutions has entered into a five-year strategic partnership with Vår Energi to provide maintenance and modification services for assets …
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Trump’s Paris agreement exit sparks concern among major US oil companies
US President Donald Trump’s withdrawal of the US from the Paris climate agreement has raised concerns among major US oil …
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Asia set to spearhead global liquids storage capacity additions by 2028
Asia will dominate the global liquids storage capacity additions, representing more than half of the total global additions by 2028. …
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GlobalData reveals 2024’s top oil and gas M&A financial and legal advisers
GlobalData has announced the latest updates to its Financial and Legal Adviser League Tables, which rank advisers by the total …
