Latest News
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20 Aug 25
Seychelles: Qair secures financing from the FEI to power landmark Floating Solar Project in Seychelles
Independent renewable energy company Qair has secured a USD 5.7 million senior debt facility from the Facility for Energy Inclusion ('FEI'), managed by Cygnum Capital, to finance the development, building, operations, and maintenance of a 5.8 MWp Floating Solar plant located in the Providence Lagoon on Mahé Island in Seychelles. -
20 Aug 25
Brazil: OceanPact signs BRL 3.2 billion contracts with Petrobras for chartering four RSVs
OceanPact has signed four new contracts with Petrobras, totaling approx. BRL 3.2 billion, for the chartering of ROV Support Vessels (RSVs) over a four-year period. -
20 Aug 25
Germany: RWE commissions wind farm on former opencast mining site
RWE has commissioned the Aldenhoven wind farm in the Düren district, North Rhine-Westphalia, Germany, which has a total installed capacity of 34.2 megawatts (MW). Since spring 2024, the company has installed six 5.7 MW wind turbines on recultivated land at the Inden opencast mine. -
20 Aug 25
Norway's oil production in July 2025 is 8.2 percent more than the NOD’s forecast
Preliminary production figures for July 2025 show an average daily production of 2,159,000 barrels of oil, NGL and condensate. Oil production in July is 8.2 percent more than the NOD’s forecast and 3.1 percent more than the forecast so far this year. -
20 Aug 25
Australia: Australian Renewable Energy Agency opens $500 million Battery Breakthrough Initiative to support battery manufacturing in Australia
The Australian Renewable Energy Agency (ARENA) has opened the $500 million Battery Breakthrough Initiative (BBI) to support and grow battery manufacturing in Australia. -
20 Aug 25
US: Talos Energy announces successful exploration results at Daenerys
Talos Energy has announced successful drilling results at the Daenerys exploration prospect located in the U.S. Gulf of America Walker Ridge blocks 106, 107, 150, and 151. -
20 Aug 25
Australia: Jadestone Energy reports successful flow testing of the Skua-11ST well
AIM-listed Jadestone Energy has announced an update on the testing of the Skua-11ST development well at the Montara field offshore Australia. Strong initial flows from the Skua-11ST well will meaningfully contribute to higher production from Montara, underpinning Jadestones revised 2025 production guidance which was upgraded in July. -
20 Aug 25
UK: Ithaca Energy announces first half results for the six months to 30 June 2025
Ithaca Energy today announced its unaudited financial results for the six months ended 30 June 2025. Key H1 2025 highlights - Strong production and adjusted EBITDAX supporting investment in value-accretive growth and shareholder distributions. -
20 Aug 25
DOF Group announces financial report for Q2 2025
The second quarter of 2025 was a quarter of strong operational and financial performance for DOF Group. DOF Group's revenue for 2nd quarter (management reporting) totals USD 507 million (USD 361 million) and EBITDA totals USD 214 million (USD 122 million). -
20 Aug 25
PetroNor E&P announces interim financial report for the quarter ended 30 June 2025
In the second quarter, PetroNor delivered stable production and commenced an infill drilling programme that is anticipated to add rate during the fourth quarter. The company expects to build its entitlement oil inventory allowing for a lifting and sale in Q4 2025. -
19 Aug 25
Brazil: Indonesia Energy signs MoU with Brazilian energy company to explore energy opportunities in Brazil
Indonesia Energy Corporation ('IEC') has signed a MOU with Aguila Energia e Participações Ltda. ('AEP'), an affiliate of Rio de Janeiro–based investment firm Aguila Capital. The MOU will allow the parties to jointly identify, evaluate, and pursue potential opportunities to acquire or participate in oil and gas or other energy-related assets and projects located in Brazil. -
19 Aug 25
US: Interior Department sets offshore energy leasing schedule under One Big Beautiful Bill Act
The Department of the Interior is rolling out a long-term schedule for offshore oil and gas lease sales in the Gulf of America and Alaska’s Cook Inlet, as directed by the One Big Beautiful Bill Act (H.R. 1). By committing to a predictable sale schedule, the Department is delivering on President Trump’s promise to expand American energy production and strengthen U.S. energy independence. -
19 Aug 25
Buccaneer Energy completes £600,000 fundraise
AIM_listed Buccaneer Energy, the international oil & gas exploration and production company with development and production assets in Texas, USA, has announced a successful fundraise of £600,000 (before expenses) supported by institutional investors, Directors and Management, existing shareholders and new investors.
