Latest News
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17 Jul 25
UK: RenewableUK comments on Reform UK’s energy policy announcement
RenewableUK has commented on Reform UK’s announcement that it would end financial support for future renewable energy projects. -
17 Jul 25
Solstad Offshore announces contract award for the CSV 'Normand Pioneer' with Petrobras
Solstad Offshore has announced a contract award for the CSV 'Normand Pioneer' with Petrobras. The contract that will commence in October 2025 and will have a duration of 180 days firm and a gross value of approx. USD 17 million, including mobilization. -
17 Jul 25
Norway: Equinor drills dry well in the North Sea (34/6-8 S) at the 'Garantiana NV' prospect
Equinor and its partners have drilled a dry well in the 'Garantiana NV' prospect in production licence PL 554. The well has been permanently plugged and abandoned. -
17 Jul 25
Italy: RWE commissions 53.1 megawatt wind farm in Italy
RWE has commissioned one of its largest onshore wind farms in Italy after a year of construction. The 53.1 megawatt (MW) Mondonuovo wind farm is located in the Apulia region. -
17 Jul 25
Santos announces Second Quarter Report
Santos has announced its Second Quarter Report for the period ending 30 June 2025. Free cash flow of approx. $1.1 billion in the first half positions the company well as it nears the start-up of its major development projects, Barossa and Pikka. -
17 Jul 25
Pharos Energy provides trading and operations update
Pharos Energy, an independent energy company with assets in Vietnam and Egypt, has provided a Trading and Operations Update ahead of the Company's Interim Results on 24 September 2025. -
17 Jul 25
US: Zephyr Energy provides operations update
Following the recent completion of a £10.5 million equity placing, Zephyr Energy has provided updates on its flagship operated project in the Paradox Basin, Utah, U.S. and on its proposed acquisition of working interests in accretive production and development assets in core Rocky Mountain basins, U.S. -
17 Jul 25
US: 1PointFive announces carbon removal credit agreement with Palo Alto Networks
1PointFive, a carbon capture, utilization, and sequestration (CCUS) company, has announced that Palo Alto Networks purchased 10,000 tons of carbon dioxide removal (CDR) credits over five years enabled by Direct Air Capture (DAC). -
17 Jul 25
Baker Hughes has agreed to acquire Continental Disc Corporation, a leading provider of safety-critical pressure management solutions
Baker Hughes, an energy technology company, has agreed to acquire Continental Disc Corporation (CDC), a leading provider of safety-critical pressure management solutions, from investment partnerships managed by Tinicum Incorporated in an all-cash transaction for approx. $540 million. -
16 Jul 25
Iraq: APIKUR condemns attacks on oil fields
The Association of the Petroleum Industry of Kurdistan (APIKUR) strongly condemns attacks on oil production sites operated by APIKUR member companies in Iraq’s Kurdistan Region on July 15 and July 16, 2025. -
16 Jul 25
Namibia: Giraffe and NAMCOR granted 12-month extension to the second renewal exploration period for PEL 79
Sintana Energy has provided an update regarding Petroleum Exploration License 79 ('PEL 79') which governs Blocks 2815 and 2915 located in Namibia’s Orange Basin. Giraffe is the owner of a 33% interest in PEL 79 and NAMCOR is the operator with a 67% interest. -
16 Jul 25
GeoPark announces Q2 2025 operational update
GeoPark, a leading independent energy company with over 20 years of successful operations across Latin America, has announced its operational update for the three-month period ended June 30, 2025. -
16 Jul 25
Brazil: Seatrium to deliver the PETROBRAS 78 (P-78) - the first of a series of turnkey FPSOs - to Petrobras
Seatrium has announced the impending delivery of the PETROBRAS 78 (P-78) - the first of a series of turnkey Floating Production Storage and Offloading vessels (FPSO), to Brazil’s National Oil Company, Petrobras. -
16 Jul 25
UK: Merlin celebrates EO Day 2025
On the 23rd June 2025 the Employee Ownership Association once again helped celebrate Employee-Owned companies by organising the 13th EO day. The day aims to raise awareness of employee-owned companies and the many benefits being employee owned brings. The theme this year was #eoSmile. -
16 Jul 25
Eni announces 20-year sales and purchase agreement with Venture Global
Eni has announced the signing of a long-term liquefied natural gas (LNG) supply agreement with Venture Global. The agreement is Eni’s first long term LNG supply from the United States and represents a significant milestone in Eni’s strategy to expand and diversify its global LNG footprint.
