Latest News
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09 Aug 25
Guyana: ExxonMobil Guyana begins production at fourth offshore Guyana project
ExxonMobil Guyana has started production at Yellowtail, the fourth oil development in Guyana’s offshore Stabroek block. Yellowtail’s ONE GUYANA floating production storage and offloading (FPSO) vessel joins the Destiny, Unity, and Prosperity FPSOs, bringing total installed capacity in Guyana to above 900,000 barrels of oil per day. -
08 Aug 25
UK: Public consultation opens on Yorkshire oil and gas site
Europa Oil and Gas has applied to the Environment Agency for an environmental permit to construct a temporary wellsite to assess gas potential. The operator has an environmental permit for drilling wells and long-term oil and gas production at its site in Burniston, North Yorkshire. It is proposing to construct a temporary wellsite, Cloughton 2, for drilling a test borehole to assess gas potential. -
08 Aug 25
UK: National Grid prepares for two major supergrid transformer deliveries in London
National Grid is set to deliver two supergrid transformers (SGTs) to key substations in central and east London this August, as part of ongoing investment to strengthen and futureproof the capital’s electricity transmission infrastructure. -
08 Aug 25
VAALCO Energy announces Q2 2025 results
VAALCO Energy has reported operational and financial results for the second quarter of 2025. Vaalco reported net income of $8.4 million for Q2 2025 which was up compared with net income of $7.7 million in Q1 2025 and down 70% compared with net income of $28.2 million in Q2 2024. -
08 Aug 25
TGS awarded streamer acquisition contract in the East Mediterranean
TGS, a leading provider of energy data and intelligence, has announced the award of a streamer acquisition contract in the East Mediterranean. Acquisition is scheduled to commence in Q3 this year and the contract has a duration of approx. 30 days. -
08 Aug 25
UK government opens application window for CfD Allocation Round 7
The UK government has officially opened the application window for the latest round of its flagship Contracts for Difference (CfD) scheme, aimed at accelerating the transition to clean energy and strengthening the country’s energy security. The AR7 application window runs from 7 August to 27 August 2025. -
08 Aug 25
Germany: VSB receives permit for repowering of Lehmden Wind Farm
In the municipality of Rastede in Lower Saxony, green energy will continue to be produced at the Lehmden Wind Farm. Project developer VSB, based in Osnabrück, is repowering the existing turbines, increasing total capacity from 3.6 megawatts (MW) to 18 MW under the project name VSB Windpark Liethe-Lehmden. Construction is expected to commence in November 2026. -
08 Aug 25
Germany: MET Group commissions its first solar park in Germany
Swiss-based integrated energy company MET Group has announced the successful commissioning and start of commercial operations of its first solar power plant in Germany. The Kentzlin solar park, located in the state of Mecklenburg-Western Pomerania, is now supplying renewable electricity to the German grid. -
08 Aug 25
AIQ and SLB to advance development and deployment of agentic AI solution across ADNOC’s subsurface operations
Global energy technology company SLB and AIQ, the Abu Dhabi-based AI champion for the energy sector, will closely collaborate to advance AIQ’s continued development and deployment of its ENERGYai agentic AI solution across ADNOC’s subsurface operations. -
07 Aug 25
Germany: PNE sells Sundern-Allendorf wind farm to Encavis
PNE has sold the wind farm project in Sundern-Allendorf, Sauerland, to Hamburg-based Encavis. The wind farm is currently still under construction. It consists of five wind turbines and has a total output of 34 megawatts. -
07 Aug 25
UK: Reabold Resources provides operations update on West Newton PEDL183 and and early monetisation potential through cryptocurrency mining
Reabold Resources has provided an update on West Newton (PEDL183), including initial plans for early monetisation of gas production through a new cryptocurrency mining operation. -
07 Aug 25
APA Corporation announces Q2 2025 financial and operational results
APA reported net income attributable to common stock of $603 million. When adjusted for items that impact the comparability of results, APA’s second-quarter earnings were $313 million. Net cash provided by operating activities was $1.2 billion and adjusted EBITDAX was $1.3 billion.
