Latest News
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30 Jan 26
Italy: Zelestra delivers full commercial operations at its first solar facility in Italy, the 6.5 MWdc Ginosa plant
Zelestra, a global, multi-technology, customer-focused renewable energy company, has announced full commercial operations at the 6.5 MWdc Ginosa solar plant in Puglia, Italy. -
30 Jan 26
Argentina: Archer enters into an agreement to sell the workover business in the south of Argentina
Archer has entered into an agreement with a local buyer regarding potential sale of the workover business in the south of Argentina. -
30 Jan 26
Trinidad: Perenco Trinidad & Tobago progresses revitalisation of 'TSP' fields
Perenco Trinidad & Tobago has confirmed the completion of its latest revitalisation programme across the Teak, Samaan and Poui ('TSP') fields, offshore the southeast coast of Trinidad. The programme, designed to simultaneously increase production and deliver more efficient and sustainable operations, entailed the electrification and the modernisation of the Teak field. -
30 Jan 26
UK/Africa: Masdar and Octopus forge strategic pact to turbocharge clean energy systems in UK and Africa
Abu Dhabi Future Energy PJSC – Masdar, a global clean energy leader, and Octopus Energy, the global energy tech disruptor, have signed two Memoranda of Understanding (MOUs) for initiatives in the UK and Africa. -
30 Jan 26
US/Namibia: 88 Energy provides summary of activities for the quarter ended 31 December 2025
88 Energy has provided a summary of activities for the quarter ended 31 December 2025 in Alaska and Namibia. -
30 Jan 26
Ireland: Europa Oil & Gas provides update on the FEL 4/19 licence. offshore Ireland
Europa Oil & Gas (Holdings) has announced that it has received confirmation from the Irish Government’s Department of Climate, Energy and the Environment that, whilst the FEL 4/19 licence Phase 1 extension application is under consideration, it remains live and in Phase 1 until the application process is concluded. -
30 Jan 26
US/UK: Union Jack Oil provides project update UK and USA
Union Jack Oil, a USA and UK focused onshore hydrocarbon production, development, exploration and investment company, has provided a project update in respect of its key projects in the United Kingdom and the United States of America. -
30 Jan 26
Australia: Drilling commences at Elanora-1 exploration well - the first East Coast Supply Project ('ECSP') well
Amplitude Energy has announced that drilling has now commenced on the first East Coast Supply Project ('ECSP') well, with the Transocean Equinox rig spudding Elanora-1 on 25 January. -
30 Jan 26
Scatec fourth quarter 2025: Growth continues
In the fourth quarter, Scatec continued to progress its near-term growth portfolio, which is now at an all-time-high. Proportionate revenues increased by 25% to NOK 3,362 million (2,684 million), and EBITDA was NOK 1,065 million (1,375 million). -
29 Jan 26
Petrobras increases proven reserves in 2025
Petrobras reports that its estimates of proven reserves of oil, condensate, and natural gas, according to SEC ( US Securities and Exchange Commission ) criteria, totaled 12.1 billion barrels of oil equivalent (boe) as of December 31, 2025. Of this total, 84% is oil and condensate and 16% is natural gas. -
29 Jan 26
US: Subsea7 awarded contract offshore US
Subsea7 has announced the award of a sizeable contract by Shell for the Kaikias Waterflood project. The Kaikias field is a deepwater development in the Mars-Ursa Basin, approx. 210 kms off the Louisiana coast in the US. -
29 Jan 26
Germany: Subsea7 awarded contract offshore Germany
Subsea7 has announced the award to Seaway7, part of the Subsea7 Group, of a substantial(1) contract by OWP Gennaker, part of Skyborn Renewables, for the Gennaker offshore wind farm in Germany. -
29 Jan 26
EU invests €650 million in cross-border energy infrastructure
The European Commission will allocate nearly €650 million in grants from the Connecting Europe Facility (CEF) to help finance 14 cross-border energy infrastructure projects. These projects will play a vital role in strengthening the EU's energy security, increasing the integration of renewable energy and, as a result, Europe's competitiveness. -
29 Jan 26
Poland: Orlen and ABO Energy sign MoU on hydrogen supply
Poland's largest energy company, Orlen, and ABO Energy signed a Memorandum of Understanding (MoU) in Warsaw on January 27, 2026, concerning the production and supply of green hydrogen to Poland starting in the 2030s. -
29 Jan 26
Mozambique LNG announces the full restart of all its activities onshore and offshore in Mozambique
The restart of project activities onshore and offshore follows the decision made on 7 November 2025, by Mozambique LNG consortium, to lift the Force Majeure that was declared in 2021 and resume project activities. -
29 Jan 26
Malaysia: PETRONAS Activity Outlook 2026-2028: Strengthening Energy Ecosystem for Malaysia’s Energy Transition
PETRONAS has released its PETRONAS Activity Outlook 2026-2028, providing Malaysia’s oil and gas services and equipment (OGSE) industry insights into forecasted activities across its Upstream, Downstream, Gas & Maritime businesses for Malaysian operations. -
29 Jan 26
UK: 63 MW Scottish wind farm to use low-emission steel in UK onshore first
Vattenfall has signed an order with Vestas for turbines for the 63MW Clashindarroch II Wind Farm project near Huntly, Scotland. The order includes the supply, installation, and commissioning of 14 Vestas V136 4.5 MW wind turbines, along with a 30-year service agreement. All the turbine towers will be manufactured using low-emission steel. -
29 Jan 26
LUKOIL agrees with Carlyle on sale of international assets
LUKOIL has signed an agreement with US investment company Carlyle on the sale of LUKOIL International GmbH (100% subsidiary of PJSC 'LUKOIL' which owns international assets of LUKOIL Group). The Company also continues negotiations with other potential purchasers.
