Latest News
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01 Nov 26
DNO races ahead on stronger production, higher prices
DNO, the Norwegian oil and gas operator, has announced strong financial and operational results for the third quarter of 2026, driven by the resumption in the Kurdistan region of Iraq production and higher prices across the portfolio. Net production increased 61 percent from the previous quarter to 142,800 barrels of oil equivalent per day (boepd), of which the North Sea contributed 85,400 boepd, Kurdistan 54,900 boepd and West Africa 2,500 boepd. -
01 Nov 26
UAE: TotalEnergies strengthens cooperation with PETRONAS, SONANGOL and OIL INDIA LIMITED to reduce methane emissions
On the occasion of the meeting of the Oil and Gas Decarbonization Charter (OGDC) member companies in Abu Dhabi, TotalEnergies highlights its cooperation with National Oil & Gas Companies to reduce methane emissions, through its partnerships with PETRONAS in Malaysia, SONANGOL in Angola and Oil India Limited (OIL) in India. -
01 Nov 26
US: Ranger Energy Services to acquire STEP Energy Services’ U.S. Coiled Tubing Assets
Ranger Energy Services has entered into an agreement to acquire the US coiled tubing assets of STEP Energy Services. Positions Ranger as the second-largest U.S. coiled tubing operator in the onshore U.S. market, with significant scale and a strong Permian and Bakken presence. -
01 Nov 26
Brazil: Petrobras' own oil and gas production hits a new record with 11.7% growth in one year
In the 3rd Quarter of 2026 , Petrobras' average production of oil, NGL and natural gas reached a record 3.512 million barrels of oil equivalent per day (MMboed), 11.7% higher than the same quarter last year and 5.3% higher than 2Q26, mainly due to the highest level of production efficiency in 8 years, the ramp-up of the FPSOs P-78 and P-79 in the Búzios field, the achievement of peak production by the FPSO Alexandre de Gusmão in the Mero field, as well as the lowest volume of losses due to maintenance shutdowns. -
31 Oct 26
Tanzania: TPDC starts new chapter in oil and natural gas exploration, granted four licences
The Tanzania Petroleum Development Corporation (TPDC) has taken a significant step in strengthening its direct participation in oil and natural gas exploration, after the Government signed four exploration licenses in the Mnazi Bay North, West Songo Songo, Eyasi-Wembere and Lindi-Mtwara blocks. -
31 Oct 26
Indonesia: Eni announces start-up of gas production from the Maha field offshore Indonesia
Eni announces the start-up of gas production from the Maha field in the Kutei Basin, offshore Indonesia, just 21 months after the final investment decision (FID). -
30 Oct 26
BP announces Q3 2026 results
bp has announced Q3 2026 results - Cash generation accelerates balance sheet strengthening. Earnings improve, supported by the macro environment. 3Q 2026 underlying RC profit $8.5 billion, $2.7 billion higher than the prior quarter. Operating cash flow $14.8 billion, including adjusted working capital release(c) of $0.5 billion -
30 Oct 26
Swinney criticised over dodging Rosebank questions
John Swinney has drawn criticism after repeatedly dodging questions on whether or not he supports approval of the Rosebank oil field. During First Minister's Questions, Swinney was quizzed by the Scottish Labour, Scottish Conservatives and Scottish Green leaders about his position on drilling at Rosebank, but failed to provide a straightforward answer. -
30 Oct 26
Nigeria: TotalEnergies strengthens its partnership with SAPETRO to support the fast development of OPL257
TotalEnergies has signed a Farm-Out Agreement to sell to South Atlantic Petroleum Limited ('SAPETRO') a 40% participating interest in offshore block OPL257, Nigeria. Upon completion of this transaction, TotalEnergies will hold a 50% operated interest in OPL257 alongside SAPETRO (40%) and Conoil (10%). -
30 Oct 26
Morocco: Predator Oil & Gas announces MOU-6 preliminary well testing update
Predator Oil & Gas Holdings, the Jersey-based Oil and Gas Company with producing hydrocarbon operations and exploration activity focussed on Trinidad and Morocco, has announced a preliminary well testing update for the MOU-6 well, onshore Morocco. -
30 Oct 26
Italy: Zenith Energy announces new 5 MWp PV Development Project in Puglia
Zenith Energy, the international energy production and development company, has announced the addition of a new ground-mounted photovoltaic development project with an anticipated installed capacity of approximately 5 MWp, located in the Province of Foggia, in the Puglia region of Italy. -
30 Oct 26
Scatec third quarter 2026: Doubling growth pace, fully self-funded
In the third quarter, Scatec continued to progress its near-term growth portfolio. Proportionate revenues were NOK 2,267 million (2,953 million), and EBITDA was NOK 1,208 million (1,063 million). -
30 Oct 26
UK: Elgin commits £400 million to five UK renewable energy projects
Renewable Energy Company Elgin has announced plans for the total investment of nearly £400 million across five UK projects with a combined capacity of 230MW. The projects are located in Suffolk (East of England), Buckinghamshire (South East), Leicestershire (East Midlands) and Staffordshire (West Midlands). -
30 Oct 26
UK: RenewableUK welcomes key measures announced in Chancellor’s Autumn Budget to cut energy bills
RenewableUK comments on the announcements on energy policy made by the Chancellor John Healey in his Autumn Budget speech. -
30 Oct 26
India: Eco Wave Power announces major milestone in collaboration with Fortune 500 Energy Giant Bharat Petroleum
Eco Wave Power Global AB (publ), a leading developer of onshore wave energy technology, today announced a significant milestone in its collaboration with Bharat Petroleum Corporation Limited (BPCL), one of India’s largest government-owned energy companies and a Fortune 500 corporation, following the issuance of a purchase order for the initial site assessment phase of the companies’ planned wave energy project in Mumbai, India. -
30 Oct 26
Angola: Afentra announces acquisition of additional interests in Blocks 3/05 and 3/05A, offshore Angola
Afentra has announced the publication of the executive decree for Block 3/05A by the Angolan Ministry of Mineral Resources, Petroleum and Gas ('MIREMPET') for the previously announced acquisition from Etu Energias S.A. of additional interests in Blocks 3/05 and 3/05A, offshore Angola. -
29 Oct 26
UK: Great British Energy backs industry push to unlock deepwater wind
Global Underwater Hub (GUH) is bringing together leading offshore wind technology developers, installation specialists and industry organisations in Aberdeen next month, with backing from Great British Energy and Crown Estate Scotland, to explore the potential of deepwater fixed wind and the opportunities it could create for the UK supply chain. -
29 Oct 26
US: Woodside signs 20-year LNG supply agreement with QatarEnergy
Woodside has signed a long-term sale and purchase agreement with QatarEnergy for the supply of up to 3 million tonnes per annum (Mtpa) of LNG for 20 years from the Louisiana LNG Project. -
29 Oct 26
Norway: EU Innovation Fund awards EUR 223 million to Aker BP and Höegh Evi for the Atlas CO2 transport and storage project
Aker BP and Höegh Evi have been awarded EUR 223 million from the European Union Innovation Fund for the Atlas Project, a large-scale CCS network connecting European industry with permanent CO2 storage on the Norwegian Continental Shelf.
