Latest News
-
07 Mar 26
Petrobras announces consolidated results in 2025
Petrobras delivered solid financial results, even in the face of a challenging backdrop, marked by a 14% drop in Brent prices compared to the previous year. As a result, Petrobras achieved an adjusted EBITDA of US$ 43.8 billion and Net Income of US$ 18.1 billion, both excluding one-off events. -
07 Mar 26
Colombia: Frontera determines binding offer from Parex Resources is a superior proposal to previously announced Geopark transaction
Frontera Energy has announced that the Frontera Board of Directors has determined that the binding offer received from Parex Resources to acquire all of Frontera's upstream Colombian exploration and production business constitutes a 'Superior Proposal'as defined in the previously announced GeoPark Arrangement Agreement. -
06 Mar 26
Lyra Energy reaches financial close and starts construction of 255 MW solar power plant
Scatec’s joint venture in South Africa, Lyra Energy, has reached financial close and is starting construction of the 255 MW Thakadu solar power plant. -
06 Mar 26
Canada: SFL announces $170 million contract for semi-submersible rig Hercules
SFL Corporation has signed a drilling contract in Canada with a large, investment grade multinational oil and gas company for the harsh environment semi-submersible rig Hercules. The estimated contract value is approx. $170 million for the minimum term of 400 days. -
06 Mar 26
Australia: Iberdrola accelerates growth in Australia with the acquisition of its first wind farm in the state of Victoria
Iberdrola has completed the acquisition of the Ararat wind farm, located in the state of Victoria, Australia, from Partners Group and OPTrust, after obtaining all the necessary approvals to carry out the operation. With this operation, the Group now has a presence in five states across the country: New South Wales, South Australia, Victoria, Queensland and Western Australia. -
06 Mar 26
Norway: Equinor and Wellesley launch Joint Exploration Project to accelerate HPHT activity on the NCS
Equinor and Wellesley Petroleum have agreed to establish a Joint Exploration Project (JEP) aimed at increasing high-pressure, high-temperature (HPHT) exploration activity on the Norwegian Continental Shelf (NCS) and contributing to long-term production from existing infrastructure. -
06 Mar 26
Nigeria: The President of Nigeria Bola Tinubu meets Eni CEO Claudio Descalzi
The President of the Federal Republic of Nigeria, Bola Ahmed Tinubu, and Eni Chief Executive Officer, Claudio Descalzi, met in Abuja to discuss the company’s ongoing activities in the country and to outline new initiatives aimed at strengthening Nigeria’s deep offshore development. -
06 Mar 26
India: Synergia Energy announces Cambay PSC production update
Synergia Energy has announces an update regarding its Cambay PSC (WI: 50%), onshore India. Production from the Cambay field saw a marked improvement from two legacy wells (C-64 and C-74) that were worked over in November 2025. -
06 Mar 26
US: Upland Resources submits application to trade on the OTCQB Venture Market
Upland Resources, the energy company focused on the development of oil and gas assets in Southeast Asia and the United States, has submitted an application for its ordinary shares to be quoted for trading on the OTCQB Venture Market in the United States. -
06 Mar 26
US: Helix Exploration expands Rudyard Leasehold
Helix Exploration, the helium exploration and development company advancing the Rudyard Helium Project in northern Montana, has expanded its strategic footprint at Rudyard to nearly 8,000 acres through the acquisition of additional State of Montana mineral leases at public auction. -
06 Mar 26
Japan: INPEX to supply renewable diesel-based fuel at winter sports events in Sapporo, Japan
INPEX has announced that it will supply RD40, a fuel consisting of 40 percent renewable diesel (RD) blended with conventional diesel, that will be used in part to power snow groomers and other course maintenance vehicles at two major snowboard halfpipe competitions to be held in Sapporo, Japan. -
06 Mar 26
TGS reintroduces Ramform Vanguard for offshore wind and site survey
TGS has announced a new acquisition campaign for the Ramform Vanguard during the upcoming European summer season, following its winter-stack period. The campaign is scheduled to begin in mid-March with an oil and gas site survey, before continuing with two offshore wind contracts. -
06 Mar 26
Denmark: BlueNord: announces preliminary production for February 2026
BlueNord has announced its preliminary production figures for February 2026. In February 2026, preliminary production was 43.6 mboepd net to the Company. -
05 Mar 26
UK energy transition falling short due to lack of 'whole system' thinking, DNV report finds
DNV issued its annual Energy Transition Outlook (ETO) for the UK, finding that the UK’s energy transition risks being delayed by a lack of 'whole system' thinking. UK remains global decarbonization frontrunner but will miss 2030 clean power target, 2035 Nationally Determined Contribution (NDC) and legally binding 2050 net zero goal. -
05 Mar 26
Colombia: GeoPark announces strategic investment by Grupo Gilinski to accelerate long-term growth strategy
GeoPark, a leading independent energy company with over 20 years of successful operations across Latin America, has announced a strategic private investment in public equity (PIPE) transaction with Colden Investments, an affiliate of Jaime Gilinski, who leads one of Latin America’s most diversified global investment groups ('Grupo Gilinski'). -
05 Mar 26
Uruguay: Viridien announces Charrua 3D seismic survey offshore Uruguay
Viridien has announced the commencement of the Charrua 3D multi-client survey offshore Uruguay, marking a significant step forward in Uruguay’s offshore energy development. -
05 Mar 26
US: RWE commissions 2 GW of new energy projects in the U.S., creating American jobs and economic opportunity
RWE ended 2025 with an additional 2 gigawatts (GW) added to its operating capacity in the United States, bringing the total operational capacity to nearly 13 (12.7+) GW across the country. The recently completed projects - spanning Kentucky, Arizona, Illinois, New York, Texas, California and Louisiana - created thousands of American jobs and are injecting more than half a billion dollars into local communities.
