Latest News
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26 Oct 26
Norway: Large volumes of data from the Norwegian Offshore Directorate ready for AI
About 92,000 well documents have been converted from PDF format to files that can be read by artificial intelligence (AI). This will provide better and faster analyses of the Norwegian continental shelf (NCS). The 92,000 documents are merely the first phase of the effort to make subsurface data available for AI, analysis tools and digital assistants. With structured information, the companies can work directly with data from documents including geological information, reservoir properties, drilling events, core analyses, liquid properties and test results. -
26 Oct 26
Germany: GIGA Storage reaches financial close for the Albatross Energy Storage project in Germany and builds 1.4 GW in 3 countries
GIGA Storage, the European operator of large-scale energy storage projects, has finalised the financing for the construction of Albatross near Neuenkirchen in Lower Saxony, one of the largest energy storage projects in Germany. -
26 Oct 26
Norway: Equinor and Aker BP enter into a strategic collaboration to develop challenging discoveries
Equinor and Aker BP are entering into a strategic collaboration on tight reservoirs on the Norwegian continental shelf. Through technology development, standardisation and cooperation across multiple projects, the companies aim to enable the profitable development of more discoveries and increase the oil and gas recovery rate. -
26 Oct 26
UK: 3i Infrastructure backed Future Biogas acquires remaining stake in six anaerobic digestion facilities
3i Infrastructure has announces that Future Biogas, one of the largest anaerobic digestion ('AD') plant developers and biogas producers in the UK, has acquired the remaining 49% stake in a portfolio of six gas-to-grid AD facilities from Foresight Environmental Infrastructure Limited ('FGEN') for £104 million. Future Biogas acquired its initial 51% stake in the portfolio in August 2024. -
26 Oct 26
UK: EnergyPathways announces strategic land purchase at Barrow-in-Furness
EnergyPathways, the UK energy transition company, announces that it has signed Heads of Terms ('HoT') to purchase land at Barrow-in-Furness, Cumbria, for its nationally significant MESH project. -
26 Oct 26
Vietnam-Malaysia-Singapore Renewable Electricity Initiative reaches key milestone with conditional approval from Singapore’s Energy Market Authority
The Vietnam-Malaysia-Singapore (VMS) renewable electricity initiative has reached an important milestone, with Singapore’s Energy Market Authority (EMA) granting Conditional Approval to Sembcorp Utilities Pte Ltd, a wholly-owned subsidiary of Sembcorp Industries, the designated importer for the proposed project -
26 Oct 26
Jadestone Energy announces change of substantial shareholder
AIM-listed Jadestone Energy, an independent upstream production and development company focused on the Asia-Pacific region, has been formally notified by Prima Energy that Prima Energy has acquired 154,094,444 ordinary shares of £0.001 par value in the Company, representing approx. 28.3% of the Company’s issued share capital. -
26 Oct 26
Galp strengthens results with oil production in Brazil, exports and trading
The increase in oil and natural gas production in Brazil to a new record, the strong export performance, and oil and gas trading activities in international markets boosted Galp's adjusted net income (RCA) to €682 million in the 3rd quarter of 2026, and to €1.49 billion in the first nine months of the year. -
26 Oct 26
UK: Chancellor and Business Secretary 'set to back Rosebank approval'
Chancellor John Healey and Business Secretary Jonathan Reynolds are strongly backing approval of the Rosebank oilfield, according to multiple reports this morning. The Times, The Telegraph and The Daily Mail all report that both ministers believe the development west of Shetland would protect jobs and generate significant tax revenues. -
26 Oct 26
UK: Angus Energy provides Q3 2026 Production, Operations, Corporate and Finance Update
The Company is pleased with the progress made in executing its strategy to reduce the Group’s debt position while continuing to grow its organic production portfolio. Alongside the significant debt reduction achieved during the quarter, the Company is advancing the planned BRX4Z workover at Brockham and the development of the fourth production well at Saltfleetby. -
26 Oct 26
US: 1947 Oil & Gas provides operational update
1947 Oil & Gas, the newly formed oil and gas production company focused on aggregating and redeveloping assets in the United States Gulf Coast and Gulf of America, has announced several operating updates since its listing on the London Stock Exchange’s AIM market and closing its transaction with Renaissance Offshore, LLC. -
26 Oct 26
US: 88 Energy provides report on its activities for the quarter ended 30 September 2026
88 Energy has provided a report on its activities for the quarter ended 30 September 2026. -
26 Oct 26
Australia: Georgina Energy provides Hussar EP513 update
Georgina Energy, a helium, hydrogen and natural gas exploration and development company with strategic permits in Australia, advises that it is currently working with Ensign Energy Services on a plan for mobilising the Ensign Rig 970 to site. -
26 Oct 26
UK: Exagen granted planning permission for Warren Wood Energy Park
Exagen is pleased to announce that the Planning Inspectorate have allowed our appeal for Warren Wood Energy Park, a 25 MW solar farm and 10 MW BESS in Norfolk, and planning permission has now been granted for the project. -
26 Oct 26
Halliburton announces third quarter 2026 results
Halliburton Company has announced net income attributable to company of $417 million for the third quarter of 2026 and adjusted net income attributable to company, excluding impairments and other charges and tax adjustments, of $501 million. -
25 Oct 26
NSTA: UK Oil and Gas Reserves and Resources
The NSTA’s estimate for Proven and Probable (‘2P’) UK oil and gas reserves as at end 2025 is 2.5 billion barrels of oil equivalent (‘bn boe’), 0.4bn boe lower than as at end 2024. In 2025, around 380 million boe (‘mmboe’) were produced, and 40 million boe net were added from 2P Reserves. -
25 Oct 26
Australia: Inpex launches FEED for Australian offshore CCS project
The Bonaparte CCS Joint Venture (INPEX Browse 53% as Operator; TotalEnergies CCS Australia 26%; and Woodside Energy 21%) announced it has commenced front-end engineering design (FEED) work, marking a major step towards the development of the Bonaparte Carbon Capture and Storage (CCS) Project, located in the Bonaparte Basin, approx. 250 kms offshore Darwin, Australia.
