Latest News
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04 Aug 25
Gulf of America: bp starts up Argos expansion project in US Gulf of America
bp successfully started up the Argos Southwest Extension project, the first in a series of new projects bp is planning in the US Gulf of America between now and the end of the decade that will expand domestic energy production and deliver on bp’s strategy to safely and profitably grow its global oil and natural gas business. The project adds 20,000 boe/d of gross peak annualized average production at the existing Argos platform. -
04 Aug 25
UK: National Grid launches £8bn Electricity Transmission Partnership to help power Britain’s clean energy future
National Grid has introduced a transformative new approach to the way it works with Britain’s supply chain, designed to accelerate the delivery of £8 billion worth of vital substation infrastructure across England and Wales and support the UK’s clean energy transition. -
04 Aug 25
Croatia: Energean invests in the Irena gas field development, offshore Croatia
Energean has announced that it, alongside its partner INA, have taken Final Investment Decision ('FID') for the development of the Irena gas field, offshore Croatia. First gas is expected in H1 2027. -
04 Aug 25
Australia: Santos signs MOU with ENGIE for domestic gas supply from the Narrabri Gas Project
Santos has signed a non-binding MOU with ENGIE for the supply of natural gas from the Narrabri Gas Project for the Australian east coast domestic gas market. -
04 Aug 25
UAE: ADNOC Gas signs 10-year LNG Supply Agreement with Hindustan Petroleum Corporation
ADNOC Gas plc and its subsidiaries, a world-class integrated gas processing and sales company, has announced the signing of a Heads of Agreement with Hindustan Petroleum Corporation Limited (HPCL) to supply 0.5 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG) for a 10-year term. -
04 Aug 25
South Korea: Turning waste and residues into sustainable fuels: LG Chem and Enilive breaks ground on Korea’s First HVO/SAF Plant
LG Chem and Enilive have taken a major step toward biofuels growth by breaking ground on Korea’s first hydrotreated vegetable oil (HVO) and Sustainable Aviation Fuel (SAF) production plant in LG Chem’s Daesan Chemical Complex located in Seosan, Chungcheongnam-do, 80 kms southwest of Seoul. -
04 Aug 25
Solstad Offshore announces contract award for CSV Normand Commander
Solstad Offshore has announced a contract award for the CSV 'Normand Commander' with Petrobras. The contract, that will commence in Q1 2026, has a duration of 4 years and a gross value of approx. USD 108 million excluding ROV services. -
04 Aug 25
India: Synergia Energy announces update on operations at its Cambay PSC onshore India
Synergia Energy has announced an update regarding its Cambay PSC, onshore India. Following the execution of the Heads of Terms for the sale of Synergia's 50% working interest in the Cambay PSC, Selan Exploration Technology have remitted the initial payment of US$ 0.5 million to Synergia. -
04 Aug 25
Equatorial Guinea: Europa Oil & Gas announces EG-08 farm-out update - Commercial negotiations advance with signing of Head of Terms
AIM-listed Europa Oil & Gas (Holdings) has announced that its associated company, Antler Global, has entered into detailed commercial discussions and has signed a non-binding Heads of Terms with a major energy company to farm-out an interest in the EG08 production sharing contract ('PSC') in offshore Equatorial Guinea. -
04 Aug 25
Kosmos Energy announces Q2 2025 results
Kosmos Energy has announced its financial and operating results for the second quarter of 2025. For the quarter, the Company generated a net loss of $88 million. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss of $93 million. -
04 Aug 25
Brazil: bp announces hydrocarbon discovery at Bumerangue exploration well, offshore Brazil
bp has announced an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil. The well intersected the reservoir about 500 metres below the crest of the structure and penetrated an estimated 500 metre gross hydrocarbon column in high-quality pre-salt carbonate reservoir with an areal extent of greater than 300 sq kms. -
04 Aug 25
Mexico: Iberdrola agrees to sell businesses in Mexico for $4.2 billion
Iberdrola agrees to sell businesses in Mexico for $4.2 billion. The transaction is in line with expectations to invest €55 billion in its electricity transmission and distribution network subsidiaries, mainly in the US and the UK. -
03 Aug 25
Guyana: Frontera Energy and CGX Energy provide update on Corentyne Block
Frontera Energy and CGX Energy have provided an update on the current status of the Corentyne block license, offshore Guyana. Frontera and CGX remain firmly of the view that its interests in, and the license for, the Corentyne block remain in place and in good standing and that the Petroleum Agreement has not been terminated. -
03 Aug 25
Malaysia: PETRONAS and Microsoft expand collaboration to support Malaysia's AI ecosystem
PETRONAS and Microsoft signed a Memorandum of Understanding (MoU), further extending their strategic collaboration in multiple areas across innovation and sustainability to support the development of an Artificial Intelligence (AI)-enabled economy and ecosystem in Malaysia, while advancing efforts toward energy transition in Asia. -
03 Aug 25
Canada: Fluor JV awarded Front End Engineering and Design for proposed Phase 2 expansion of the LNG Canada facility in British Columbia
Fluor Corporation has announced that its Joint Venture with JGC Corporation has been awarded the contract to update the Front End Engineering and Design (FEED) for a proposed Phase 2 expansion of the LNG Canada facility located on the traditional territory of Haisla Nation in Kitimat, British Columbia, Canada.
