Latest News
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06 Oct 25
TotalEnergies and Veolia join forces for the energy transition and the circular economy
Long-standing partners TotalEnergies and Veolia have signed a memorandum of understanding for further cooperation in several key areas of energy transition and the circular economy, in line with their respective approaches to reduce their greenhouse gases emissions and water footprint. -
06 Oct 25
Ukraine: Nordex Group receives orders from Ukraine totalling 189 MW
In late September, the Nordex Group received orders for two projects in Ukraine with a combined capacity of 188,8 MW from the OKKO Group. The N163/5.X turbines are designated for two projects with 94,4 MW each located in western Ukraine. -
06 Oct 25
UK Oil & Gas announces further funding for UKEn Hydrogen projects
AIM-listed UK Oil & Gas has announced that, due to continued investor demand, the Company has accepted a further investment of £1 million by means of a direct subscription of new Ordinary Shares, providing further funding for the Company's UKEn Hydrogen projects. -
06 Oct 25
Equatorial Guinea: Europa Oil & Gas announces EG-08 PSC Phase 1 extension
Europa Oil & Gas has been granted a 12-month extension to the initial 2-year period of the EG-08 PSC. Europa is currently seeking to farm out the EG-08 block, which is estimated to contain 2.196 TCF (Pmean), with the primary prospect being Barracuda with an estimated 878 BCF (Pmean). -
06 Oct 25
US: Zephyr Energy announces Paradox project independent recoverable reserves and resource evaluation
Zephyr Energy has announced the results from an updated Competent Person's Report ('CPR') on its assets in the Paradox Basin, Utah, U.S. The Company is seeking to advance the Paradox project into full commercial production and secure a project partner. -
06 Oct 25
Acteon awarded temporary mooring contract for FPSO Northern Endeavour
Intermoor, Acteon’s Moorings and Anchor’s business line, has secured a contract from Petrofac Facilities Management Limited. The scope covers engineering, mooring equipment, marine spread, installation, and removal of a temporary mooring system for the FPSO Northern Endeavour, which will be positioned offshore Singapore during its decommissioning phase. -
06 Oct 25
Denmark: BlueNord announces preliminary production for September 2025
BlueNord has announced its preliminary production figures for September 2025. In September 2025, the preliminary production was 41.2 mboepd net to BlueNord. -
05 Oct 25
UK: Wood Mackenzie analysis reveals that North Sea production can remain within net zero targets even if commercial reserves were increased by 50%
The UK could boost North Sea oil and gas production while remaining within the strictest international climate pathways, according to new Wood Mackenzie analysis. The research comes as the government consults on the basin's future amid mounting pressure over exploration licensing. -
05 Oct 25
Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to market stability
The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman, met virtually on 5 October 2025, to review global market conditions and outlook. -
05 Oct 25
Ukraine: Naftogaz secures €300 million loan from the European Investment Bank for gas purchases
Naftogaz Group has signed a landmark €300 million loan agreement with the European Investment Bank (EIB). The financing will be used to purchase gas to build long-term gas reserves and to ensure stable winter supplies for Ukrainians, following damage to the country’s infrastructure caused by Russia’s ongoing attacks. -
05 Oct 25
Norway: Orlen acquires interst in Tommeliten Gamma field in deal with TotalEnergies
ORLEN Upstream Norway has entered into an agreement with TotalEnergies EP Norge to acquire interests in the Tommeliten Gamma field, located in the Ekofisk region of the North Sea. Finalization of the transaction will increase ORLEN’s reserves by approx. 6 million barrels of oil equivalent. -
05 Oct 25
Ukraine: Russia launches biggest attack yet on Ukraine’s gas production facilities
Russian forces have launched the largest strike on Naftogaz Group’s gas production facilities since the start of the full-scale invasion. Facilities in Kharkiv and Poltava regions were hit with 35 missiles, many of them ballistic, along with 60 drones. -
05 Oct 25
Iraq: Excelerate Energy receives award letter from Iraqi government to develop integrated floating LNG import terminal
Excelerate Energy has announced that it has received an official Award Letter from the Government of Iraq to develop an integrated floating liquefied natural gas (LNG) import terminal, marking a significant milestone in the country’s energy diversification strategy.
