Latest News
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06 Jan 26
US: Boralex commissions Sanjgon Energy Storage Project, initially Tilbury, its first operational storage facility in North America
Boralex, in partnership with Walpole Island First Nation, has announced the commercial commissioning of Sanjgon Battery Energy Storage, Boralex’s first energy storage facility in operation in North America. Located in the Municipality of Lakeshore, Ontario, the 80 MW / 320 MWh facility marks a major milestone in Boralex’s 2030 Strategy and its expansion into large-scale storage solutions. -
06 Jan 26
EMGS - Vessel activity and multi-client sales update for the fourth quarter 2025
Electromagnetic Geoservices (EMGS) releases information on vessel activity and multi-client sales during the quarter approximately 4-5 working days after the close of each quarter. The Atlantic Guardian was redelivered to her owners at the expiry of the current charter period on 20 October 2025. The Company expects to recognize USD 3.5 million in multi-client prefunding revenue in the fourth quarter of 2025. -
06 Jan 26
Norway: Young source rock proven common in the Norwegian Sea
For the first time, a new scientific publication has documented a young source rock with widespread presence in the Norwegian Sea. The presence of a source rocks is the number one prerequisite for forming petroleum. Documentation of a new source rock can create new exploration opportunities, particularly in areas with no previously known source rocks. -
06 Jan 26UK: Phillips 66 agrees to acquire Lindsey Oil Refinery assets
Phillips 66 Limited has agreed to acquire Lindsey Oil Refinery assets and associated infrastructure pending completion subject to satisfaction of closing conditions. Key facilities to be integrated into the Humber Refinery rather than restarting standalone refinery operations at the Lindsey site. -
06 Jan 26
Argentina: Continental Resources expands Vaca Muerta position through agreement with Pan American Energy
Continental Resources has signed an Assets Sale and Purchase Agreement with Pan American Energy (PAE) to acquire certain non-operating interests in four blocks located within the Vaca Muerta shale play in Argentina's Neuquén Basin. -
06 Jan 26
Colombia: Maurel and Prom acquires a 61% working interest and operatorship in the Sinu-9 gas licence in Colombia
Etablissements Maurel & Prom (M&P) has announced that, further to its press release dated 29 December 2025 regarding the approval granted by Colombia’s National Hydrocarbons Agency (ANH), the transactions previously announced relating to the acquisition by M&P of a total 61% working interest and operatorship in the Sinu-9 gas licence in Colombia were successfully closed on Monday 5 January 2026. -
06 Jan 26
Prospex Energy appoints new CEO
Prospex Energy, the AIM-quoted investment company focused on European gas and power projects, has announced that Mark Routh has advised the Board of his retirement as CEO and a director of the Company. Tom Reynolds will be appointed as Chief Executive Officer and a director of the Company with effect from no later than 1 February 2026. -
06 Jan 26
TGS enters multi-year agreement with supermajor for licensing of Imaging AnyWare
TGS, a global leader in energy data and intelligence, has announced that a supermajor has entered into a multi-year enterprise agreement for the licensing of TGS’ Imaging AnyWare software suite. With the addition of this licensing agreement, TGS now counts multiple supermajors among its Imaging AnyWare software clients. -
06 Jan 26
Spain: Iberdrola Group and Microsoft strengthen their partnership with two PPAs in Spain for 150 MW and the use of new AI solutions
The Iberdrola Group, of which Iberdrola España is a part, and Microsoft announced December 16 a new partnership to deepen their work together on energy projects and artificial intelligence. -
06 Jan 26
Borr Drilling announces new contract commitments for two of its premium jack-up rigs
Borr Drilling has announced new contract commitments for two of its premium jack-up rigs. In the Americas, the Ran has received a one-well extension with ENI in Mexico. Additionally, the Odin has secured a contract for two wells plus an optional well with an undisclosed operator in the United States of America. -
06 Jan 26
Greece: European Energy divests wind park in Greece to Sampension
European Energy has agreed to divest 50 per cent of its Tsoukes Sarres wind park in Greece to Sampension, one of Denmark’s largest pension funds. -
06 Jan 26
Germany: Nordex Group receives orders from UKA totaling 224 MW for projects in Germany
Nordex Group has received orders from wind and solar park developer UKA (Umweltgerechte Kraftanlagen GmbH & Co. KG) for a total of 33 turbines in Germany. -
06 Jan 26
Oman: Government of Oman signs Feasibility Study Agreement with Westlawn Middle East and Salamander Solutions Middle East
The Ministry of Energy and Minerals (MEM) of the Sultanate of Oman has signed a Feasibility Study Agreement with Westlawn Middle East LLC (WLME) and Salamander Solutions Middle East LLC (SSME) to evaluate the potential for heavy crude oil production in Block 71 using Salamander's advanced electric heating technology.
