Latest News
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18 Feb 26
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18 Feb 26
Norway: Equinor drills dry well in the Barents Sea (7018/5-2)
Equinor and its partners have drilled a dry well on the 'Vikingskipet' prospect. Wildcat well 7018/5-2 was drilled in production licence 1236, about 140 kms southwest of the Snøhvit field. -
18 Feb 26
Italy: Zenith Energy commences construction of 7 MWp Solar Plants
Zenith Energy, the listed international energy production and development company, has announced that, through its wholly-owned Italian subsidiary WESOLAR, it has commenced construction-phase activities for the first assets within its Italian solar pipeline. Zenith has selected three projects in the Puglia region of Italy, totaling 7 MWp, for construction: Andria-1, Andria-3 and Andria-4. -
18 Feb 26
Mongolia: Petro Matad announces operational update
Petro Matad, the AIM quoted Mongolian oil company, has provided an operational update. All production revenue withheld by PetroChina during 2025 has been paid - totaling $1.03 million. The 200MW Hybrid renewable energy project is progressing well. -
18 Feb 26
US: Expand Energy Corp reports fourth quarter and full-year 2025 results, issues 2026 outlook
Expand Energy Corporation, North America’s largest natural gas producer, has reported fourth quarter and full-year 2025 financial and operating results and issued its 2026 outlook. -
18 Feb 26
Santos announces 2025 full-year results
Santos has announced its full-year results for 2025 demonstrating the continued strength of its disciplined low-cost operating model, reporting annual production of 87.7 mmboe, sales volumes of 93.5 mmboe, underlying net profit after tax of $898 million and strong free cash flow generation of $1.8 billion. -
17 Feb 26
US: Ovintiv announces agreement to sell its Anadarko assets
Ovintiv Inc. has entered into a definitive agreement to sell its Anadarko assets, located in Oklahoma, to an undisclosed buyer, for cash proceeds of $3.0 billion. -
17 Feb 26
UK: Arenko expands RWE collaboration through three new UK solar-plus-storage sites
Arenko, the enterprise-grade technology partner for complex BESS and renewables portfolios, has expanded its commercial collaboration with RWE, rolling out its software to support optimisation of three additional co-located solar and battery energy storage system (BESS) projects, totalling 150MW, in the UK. -
17 Feb 26
UK: Lightsource bp awarded a Contract for Difference (CfD) for Hett Moor Solar Farm in the UK
Lightsource bp has been awarded a Contract for Difference (CfD) for Hett Moor Solar Farm in the UK Government’s latest renewables auction, AR7. Securing this contract means Lightsource bp will deliver stable, low-cost, home-grown renewable energy to the national grid under a long-term, government-backed contract. -
17 Feb 26
US: Octopus Energy Generation invests $1bn in cutting-edge Californian clean tech to boost UK growth
Octopus Energy Generation, one of Europe’s leading investors in renewable energy, is injecting nearly $1 billion in California’s next-gen tech scene – deepening its foothold in one of the world’s most advanced clean energy markets. -
17 Feb 26
Valencia Energy owner acquires large stake in Ampeak Energy
Ampeak Energy has been notified that Landpad Pte. Limited has completed the acquisition of 100% of the shares of SIMEC UK Energy Holdings Limited ('SUEH'), the largest shareholder in Ampeak Energy, from the SIMECGroup. Landpad is wholly owned by Patrick Joseph Hughes, who is the sole owner of Valencia Energy, a UK renewable power specialist. -
17 Feb 26
Bilfinger workers balloted on new offer as strikes suspended
Unite can confirm that 48-hour strike action involving over 400 offshore members employed by Bilfinger UK Limited has been suspended following a new improved offer in a pension dispute. A consultative ballot on the new offer will close on 23 February 2026. -
17 Feb 26
Austria: ADX Energy announces initial results of Welchau flow testing
Well clean up after acidisation of Reifling Formation yields hydrocarbon gas. Ongoing testing operations to continue to unload the well, collect gas/oil samples and determine flow characteristics of reservoir.
