Latest News
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15 Mar 26
Impact of Middle East conflict on TotalEnergies activities
TotalEnergies has confirmed the impact of Middle East conflict on TotalEnergies activities. Production has been shut down or is in the process of shutting down in Qatar, Iraq and UAE offshore, representing approximately 15% of the Companys total output. Onshore UAE production (~210 kb/d TotalEnergies share) is not affected by the conflict at this stage. -
15 Mar 26
UK: Galetech Group announces £3 million investment to expand UK renewable energy operations
Galetech Group has announced a commitment to invest £3 million (€3.5 million) in expanding its renewable energy services across the United Kingdom over the next five years. -
15 Mar 26
IEA Member countries to carry out largest ever oil stock release amid market disruptions from Middle East conflict
The 32 Member countries of the International Energy Agency unanimously agreed, on March 11, to make 400 million barrels of oil from their emergency reserves available to the market to address disruptions in oil markets stemming from the war in the Middle East. -
15 Mar 26
US: Revolution Wind begins delivering power to New England
Revolution Wind, LLC, a 50/50 joint venture between Global Infrastructure Partners’ Skyborn Renewables and Ørsted, announced today that the Revolution Wind project has started delivering power to New England's electric grid, strengthening the region’s power supply and helping reduce costs for consumers. -
13 Mar 26
Romania: Fluor expands European footprint with office in Bucharest to advance next-generation Nuclear Energy Projects
Fluor Corporation has celebrated the opening of its newest European office in Bucharest, Romania. The new office will serve as a hub to enhance the company’s capacity to deliver advanced nuclear energy projects across the region. -
13 Mar 26
Peru: Actis exits Orygen, one of Peru's largest power producers
Actis, a leading growth market investor in sustainable infrastructure, has completed the sale of Orygen, a large and diversified power generation business in Peru, to Grupo Romero, one of the most prominent financial and industrial conglomerates in Peru. -
13 Mar 26
Cyprus: Worley selected by Chevron Cyprus for Aphrodite Gas Field Development FEED
Worley has been selected by Chevron Cyprus Limited (a subsidiary of Chevron Corporation) to provide Front-End Engineering Design (FEED) and procurement services for the Aphrodite Field Development Project, located offshore Cyprus in the Eastern Mediterranean. -
13 Mar 26
Australia: Central Petroleum reports half year results
Central Petroleum reports a strong underlying financial result for the half year ending 31 December 2025 (HY2025). Underlying profit after tax increased 17% from the previous corresponding half year to $2.5m million. After a $4.2 million impairment charge resulting from the withdrawal from exploration permit EP82, Central has recognised a statutory net loss after tax of $1.7 million. -
13 Mar 26
SLB OneSubsea announces agreement to acquire subsea business of Envirex Group
Global energy technology company SLB has announced that its OneSubsea™ joint venture has entered into an agreement to acquire the subsea business of Norway-based Envirex Group AS. As a result of the transaction, Envirex Group AS and their subsea business would become part of SLB OneSubsea. -
13 Mar 26
VAALCO Energy announces Q4 and full year 2025 results
VAALCO Energy has reported operational and financial results for the fourth quarter and full year of 2025, including year-end 2025 reserves. Additionally, the Company provided operational and financial guidance for the first quarter and full year of 2026. -
13 Mar 26
UK: Reabold Resources announces funding from group of Strategic Investors
Reabold Resources, the investing company focused on developing strategic gas projects for European energy security, has announced a conditional issue of equity to a group of US-based strategic investors. The proceeds will be used primarily to progress the Company's key West Newton project, onshore UK. -
13 Mar 26
Finland: Cloudberry Clean Energy announces strategic entry into Finland through 50% acquisition of 132 MW onshore wind farm
Cloudberry Clean Energy has signed a share purchase agreement ('SPA') with Sampi Renewables Holding for the acquisition of 50% of a producing 132 MW onshore wind farm in Finland. The wind farm has been in full operation since 2022 with an expected annual production of approximately 378 GWh (189 GWh net to Cloudberry). -
13 Mar 26
Rex International reports Norway, Oman and Germany production update – February 2026
Rex International Holding, together with its subsidiaries, has announced that production in February 2026 from Norway, Oman and Germany totalled 10,300.1 boepd. -
13 Mar 26
Gabon: Assala Energy announces hydrocarbon discovery at Magoga-A in Gabon
Assala Energy has announced that the Magoga-A exploration well, located in the Mutamba Iroru Licence II in Gabon, and subsequent sidetrack into the Atora Licence, has encountered hydrocarbons in the targeted reservoir interval. -
13 Mar 26
Italy: Zenith Energy announces acquisition of 28 MWp solar development projects
Zenith Energy, the international energy production and development company, has announced the acquisition of two agrivoltaic development projects with an expected installed capacity of approx. 23 MWp and 5 MWp, respectively, located in the Piedmont region of Italy. -
13 Mar 26
Indonesia: PETRONAS confirms hydrocarbon discovery at Barokah-1, East Java, Indonesia
PETRONAS has made its first hydrocarbon discovery at the Barokah-1 exploration well located within the North Ketapang Production Sharing Contract (PSC), offshore East Java, Indonesia. -
12 Mar 26
Australia: JERA to refocus Australian LNG portfolio with transfer of shares in Gorgon and Ichthys LNG projects
JERA, a global energy leader and Japan’s largest power generation company has, through its subsidiary JERA Australia Pty Ltd – entered into an agreement with MidOcean Energy, an LNG company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, under which MidOcean will acquire JERA’s interests in the Gorgon LNG Project (in which MidOcean is an existing joint venture partner), and the Ichthys LNG Project. -
12 Mar 26
UK: RWE launches statutory consultation for low carbon power station
RWE, the UK’s largest energy generator, is launching a public consultation on its updated plans for a new decarbonised gas-fired power station on the Humber Estuary, approximately 3.5 km east of Stallingborough village. The proposed power station would be capable of generating up to 900 megawatts (MW) of electricity, enough to power around one million homes, and would be fitted with cutting-edge carbon capture technology. -
12 Mar 26
Oceanica Engenharia enters into new long-term contracts with Petrobras, with a total value of approx. US$ 736 million
Oceanica Engenharia reports that, between December 2025 and February 2026, it entered into new long-term contracts with Petrobras, with a total value of approx. US$ 736 million (R$ 4.2 billion). With these new contracts, the Company’s backlog increases to approx. R$ 12 billion, reinforcing Oceanica’s position in the Brazilian offshore services market. -
12 Mar 26
Croatia: INA awarded exploration permits for blocks SAVA-10/1 and DRAVA-02/02
Following an international tender for the granting of permits for the exploration and production of hydrocarbons in the Republic of Croatia, INA has been awarded exploration permits for two new exploration blocks: SAVA-10/1 and DRAVA-02/02. -
12 Mar 26
Norway: Geoex MCG commences reprocessing of the RDI MC2D dataset in the Norwegian Sea
Geoex MCG has initiated Phase I (the Norwegian Sea) of the reprocessing programme for the Regional Deep Imaging (RDI) MC2D dataset in collaboration with RockWave.
