Latest News
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06 Jul 26
Italy: Qualitas Energy secures c.€172 million financing for a 156 MWp solar PV portfolio in Italy
Qualitas Energy, a leading global investment and management platform with a dual focus on both funding and developing renewable energy, energy transition, and sustainable infrastructure, has secured a c.€172 million non-recourse financing package for a 156 MWp greenfield solar photovoltaic (PV) portfolio in Italy. -
06 Jul 26
UK: OEUK marks the 38th anniversary of Piper Alpha
David Whitehouse, chief executive, OEUK, said: 'As we mark the anniversary of Piper Alpha, our thoughts are with the families, friends and colleagues of those who lost their lives. Their loss continues to be felt across our industry and will be for decades to come.' -
06 Jul 26
UK: Labour MPs signal major shift on North Sea after Aberdeen visit
Senior Labour MPs have publicly backed greater support for the North Sea, including Rosebank, Jackdaw and early implementation of a new oil and gas tax regime. It comes just days after the Energy Security and Net Zero Committee travelled to Aberdeen, meeting businesses, trade unions, charities and energy leaders at Aberdeen & Grampian Chamber of Commerce before holding a formal evidence session at Robert Gordon University. -
06 Jul 26
Poland: Baltyk 2 & 3: Turbine foundations halfway complete
The offshore wind farms being built by Equinor and Polenergia have reached the halfway point in foundation installation. As part of this investment in the Baltic Sea, more than 50 monopiles and transition pieces have already been installed. Installation of the foundations for offshore substations is also set to begin soon. -
06 Jul 26
Poland: Uniper and Respect Energy sign six-year Power Purchase Agreements for electricity from Uniper’s four Polish solar PV assets
Uniper and Respect Energy sign six-year Power Purchase Agreements (PPAs) for electricity and Guarantees of Origin (GoO) generated from Uniper’s four new photovoltaic (PV) assets in Poland, with a combined capacity of 219 MWp. The agreement marks a significant step in both companies’ ambitions to support the transformation of the Polish energy system. -
06 Jul 26
Netherlands: Ecowende’s offshore wind farm produces its first green energy
Ecowende’s wind farm Hollandse Kust West, one of the most ecological offshore wind farms in the world, is now connected to TenneT’s offshore grid and has produced its first carbon-free energy. The wind park is being developed 53 km off the Dutch coast by Ecowende, a joint venture of Shell, Chubu and Eneco. -
06 Jul 26
UK: Burnham urged to honour North Sea pledge as oil prices return to pre-war levels
Incoming Prime Minister Andy Burnham has been urged to honour Labour's commitment to replace the Energy Profits Levy after oil prices returned to the level that prompted the Government to pledge an early end to the windfall tax. -
06 Jul 26
UAE: ADNOC launches global LNG marketing and trading platform
ADNOC has launched a global liquefied natural gas (LNG) marketing and trading platform in Abu Dhabi Global Market (ADGM), combining the marketing activities of ADNOC Gas and XRG with the trading capabilities of ADNOC Trading into an integrated commercial platform. -
06 Jul 26
Kosmos Energy provides operational update
Kosmos Energy has provided an update on activities across its portfolio. Initial results from the 2026 Ghana drilling program, in particular J76, highlight the potential of Jubilee with high-impact wells, supported by both modern seismic and enhanced reservoir modelling. -
06 Jul 26
India: Energy Holdings: SeaBird signs new contract for Eagle Explorer
SED Energy Holdings has announced that a subsidiary of SeaBird Exploration has secured a contract for a 2D seismic survey offshore India. SeaBird will deploy the Eagle Explorer for the campaign. -
06 Jul 26
Soiltech secures new fluid treatment contracts and orders additional equipment
Soiltech ASA has secured two contracts to deliver fluid treatment services for undisclosed operators in Norway and the UK. While the scope of work differs between the projects, Soiltech will be utilizing its market-leading Slop Treatment Technology (STT®) on both. -
06 Jul 26
Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman adjust production and reaffirm commitment to market stability
The seven OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023 met virtually on 5 July 2026, to review global market conditions and outlook. In their collective commitment to support oil market stability, the seven participating countries decided to implement a production adjustment of 188 thousand barrels per day from the additional voluntary adjustments announced in April 2023. -
06 Jul 26
Denmark: BlueNord announces preliminary production for June 2026
BlueNord has announced its preliminary production figures for June 2026. In June 2026, the preliminary production was 30.4 mboepd net to BlueNord. The Tyra hub contributed 12.8 mboepd net, while the base assets, Dan, Gorm, and Halfdan, contributed 17.6 mboepd net. -
05 Jul 26
Australia: Horizon announces the completion of the off-market takeover of Cue Energy
Horizon has announced the completion of its off-market takeover of Cue Energy Resources, resulting in Horizon acquiring a controlling interest of 57.03% in Cue. The acquisition delivers an effective 15% increase in Horizon’s daily production to approx. 7,300 boepd, increases Horizon’s net 2P reserves by more than 20% to approx. 15.35 mmboe, and expands Horizon’s geographic footprint to nine producing oil and gas fields across five countries.
