Latest News
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14 Oct 26
Norway: Equinor makes oil and gas discovery in the North Sea (30/8-7 S)
Equinor and its partners have discovered oil and gas in the 'Grimsnes' prospect in the Oseberg area, about 140 km west of Bergen. The licensees (Equinor (operator), Petoro and TotalEnergies), are looking into potential options for tying the discovery back to existing infrastructure in the Oseberg area. -
14 Oct 26
UK: Opinion: How the North Sea can help Britain avoid another fuel crisis
Aberdeen and Grampian Chamber of Commerce reports that: Twenty-six years ago, Britain ground to a halt as protests at oil refineries and fuel distribution depots became a national crisis. Petrol stations ran dry, supermarkets struggled to keep shelves stocked, hospitals cancelled appointments, businesses warned they were days from shutting down and the roads fell eerily silent. It was a dramatic demonstration of something we usually take for granted, which is that modern economies cannot function without fuel. Today, as Britain becomes increasingly dependent on imported diesel, we should remember that lesson. -
14 Oct 26
UK: Former chancellor calls for Rosebank and Jackdaw approval in Budget growth plan
Former chancellor Jeremy Hunt has urged the Labour Government to approve the Rosebank and Jackdaw oil and gas developments as part of a Budget package to revive Britain's struggling economy. -
14 Oct 26
UK: Minister rejects £2bn investment plan for North Sea gas storage
A UK Government minister has rejected calls to support a £2bn investment in Britain's largest gas storage facility, despite mounting concerns over winter energy shortages. -
14 Oct 26
US: Zephyr Energy acquires additional acreage in the Paradox Basin
AIM-listed Zephyr Energy has announced further increases to its operated land position in the Paradox Basin, Utah, U.S. through the successful acquisition at auction of 5,692 acres under U.S. federal leases in Utah. -
14 Oct 26
UK: Angus Energy has announced an update on the planned workover of the BRX4Z well at the Brockham Oil Field
AIM-listed Angus Energy has announced that preparations for the planned workover of the BRX4Z well at the Brockham Oil Field are well advanced. Programme intended to bring suspended wellbore, BRX4Z, onto production in order to increase production and recovery from the Company's existing Brockham asset. -
14 Oct 26
Predator Oil & Gas announces update on drilling in Morocco (MOU-6) and Trinidad ()Snowcap-3)
Predator Oil & Gas Holdings, the Jersey-based Oil and Gas Company with producing hydrocarbon operations and exploration activity focussed on Trinidad and Morocco, has provided an update on current drilling. -
14 Oct 26
Norway: Kistos announces acquisition of Ringhorne Production Licences
Kistos, an independent energy company focused on unlocking value within its existing portfolio and through value-accretive M&A, has signed a Sales and Purchase Agreement with Vår Energi to acquire a 10% working interest in the production licenses PL 169E, PL 956 and PL 956B on the Norwegian Continental Shelf. The upfront consideration for the transaction is $12.9 million. -
14 Oct 26
US: Helium One Global announces placing to raise £3 million
AIM-listed Helium One Global, the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA, has raised gross proceeds of £3,000,000 by way of a placing. -
14 Oct 26
New Zealand: Sunda Energy announces update on New Zealand exploration permit application
Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in the Asia-Pacific region, has updated that its application for an exploration permit within the offshore area of the Taranaki Basin on the west coast of New Zealand’s North Island has now become exclusive. -
14 Oct 26
Venezuela: Primavera announces preparations to take over major oil fields in Venezuela, expands operational leadership team
Primavera, a natural resources company headquartered in Houston, Texas, and Caracas, Venezuela, has announced significant progress as it prepares to take over operations of oil fields in Venezuela pursuant to agreements signed between the Ministry of Hydrocarbons, PdVSA and the company on September 2, 2026. -
14 Oct 26
Norway: Aker BP announces Q3 2026 trading update
Aker BP will publish its report for the third quarter of 2026 on 29 October 2026. Today, the company provides preliminary production and sales figures for the quarter. -
14 Oct 26
DNO announces Q3 2026 trading update
DNO, the Norwegian oil and gas operator, will publish its Q3 2026 operating and interim financial results on 29 October. Today, the Company provides an update on production, sales volumes, prices and other selected information for the quarter. -
13 Oct 26
Netherlands: Vattenfall and Royal Vopak team up to further integrate renewable energy into the Dutch power system
Vattenfall has signed a tolling agreement with Royal Vopak for a portion of the planned battery energy storage system near Meeden in the province of Groningen, the Netherlands. Under the agreement, Vattenfall will secure access to 100 MW / 400 MWh of battery storage capacity, helping to balance fluctuations in electricity supply and demand. -
13 Oct 26
UK: 70 years of clean, renewable power from Invergarry Power Station
SSE is celebrating 70 years of operation at Invergarry Power Station, a key part of the Great Glen Hydro Scheme and one of the many remarkable projects delivered during the pioneering years of hydro-electric development in the Scottish Highlands. -
13 Oct 26
Statkraft’s Green Transition Scenarios report 2026 explores four possible scenarios for the global energy system towards 2050
Renewable energy continues to expand and will become the dominant source of electricity by 2035, driven by solar and wind power facilitated by expansion of power grids and storage solutions such as batteries. Statkraft’s Green Transition Scenarios report 2026 explores four possible scenarios for the global energy system towards 2050. -
13 Oct 26
Indonesia: Offshore Production Unit arrives in Indonesia
Conrad Asia Energy, an Asia-focused natural gas exploration and development company, has announced three important milestones for its Mako Gas Project in the Duyung Production Sharing Contract in the West Natuna Sea. -
13 Oct 26
UK: North Sea production emissions down six years in a row
Emissions in the North Sea have fallen for a sixth consecutive year, demonstrating real effort and achievement on behalf of the oil and gas industry. Robust regulation and industry action saw production emissions fall by an estimated 7% in 2025, contributing to an overall estimated reduction of 37% since 2018, according to the latest Emissions Monitoring Report from the North Sea Transition Authority (NSTA).
