Latest News
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13 Jul 26
UK: Harbour Energy completes UK North Sea acquisition
Harbour Energy has announced that it has completed the acquisition of substantially all the subsidiaries of Waldorf Energy Partners Ltd and Waldorf Production Ltd in the UK for $163 million. -
13 Jul 26
Cadeler announces signing of an EIFO-backed green term loan facility of EUR 247 million for Wind Apex
Cadeler has signed an EIFO-backed senior secured green term loan facility of EUR 247 million to finance in part the construction of its third A-class newbuild offshore wind installation vessel, Wind Apex, with delivery expected in Q2 2027. -
13 Jul 26
Electricity distributed by Iberdrola grows by 6.3% in June
Electrification leads to an increase in distributed electricity in all the countries in which the Group operates Of note is the 32.6% increase in the United Kingdom thanks to higher demand and the positive impact of the integration of Electricity North West. -
13 Jul 26
Poland: Baltic Power Offshore Wind farm produces and delivers electricity to Polish Energy Grid for the first time
An historic milestone for offshore wind energy in Poland: at the Baltic Power farm a joint venture of ORLEN and Northland Power - the first turbines have successfully passed the required tests and supplied first offshore wind power to the national energy grid. -
13 Jul 26
Malaysia: PETRONAS and Shizuoka Gas reinforce longstanding LNG partnership
PETRONAS LNG (PLL), a subsidiary of Petroliam Nasional Berhad (PETRONAS) has signed a new Liquefied Natural Gas (LNG) Sale and Purchase Agreement (SPA) with Shizuoka Gas, reinforcing a trusted partnership spanning three decades and reaffirming their shared commitment to strengthening long-term energy security. -
13 Jul 26
UK: ScotWind fears grow over UK grid blueprint
Business leaders have warned that Scotland's £96 billion ScotWind opportunity could be put at risk by a new UK energy blueprint, amid concerns some offshore wind projects may not be prioritised for future grid investment. The National Energy System Operator (NESO) is due to present six options for its Strategic Spatial Energy Plan (SSEP) to the UK Government later this summer. -
13 Jul 26
Guatemala: MPC Energy Solutions announces 66 MWp solar PV plant in Guatemala successfully completes testing phase, starts operations (COD)
MPC Energy Solutions has announced that its 66.1 MWp San Patricio solar photovoltaic (PV) plant in Guatemala successfully completed the testing phase and has started delivering energy under the power purchase agreement to the IMSA Group. -
13 Jul 26
US: Buccaneer Energy provides an update on operations at its Pine Mills field in East Texas
AIM-listed Buccaneer Energy, the international oil & gas exploration and production company, has provided an update on operations at its Pine Mills field in East Texas. The Company's current average net production is approx. 135 bopd, with the asset generating positive free cash flow at current oil prices. -
13 Jul 26
Italy: Zenith Energy's second Rome PV acquisition brings solar pipeline to 193 MWp
Zenith Energy has announced the acquisition of an additional 4.5 MWp ground-mounted photovoltaic development project located within the Metropolitan City of Rome in the Lazio region of Italy. With construction now underway on the Company's first solar plants in Puglia, Zenith continues to build its Italian pipeline towards the 200 MWp target. -
13 Jul 26
Argentina: Archer awarded additional super-spec rig contract in Vaca Muerta
Archer has announced the award of an additional five-year contract, with two one-year extension options, from YPF for a super-spec drilling rig to its Vaca Muerta fleet. The contract has an estimated value of approx. USD 90 million over the firm contract period and further strengthens Archer’s long-term position in one of the world’s most active unconventional shale developments. -
13 Jul 26
Zenith Energy establishes an At-the-Market equity offering programme
Zenith Energy, the listed international energy production and development company, has announced that it has entered into an 'At-the-Market' equity offering facility agreement to raise up to £2,000,000 (before expenses) over the next 12 months. -
13 Jul 26
Iraq: Gulf Keystone announces update on Shaikan field operations
Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, has announced that, following the recent restart of production and exports operations on 24 June 2026, gross volumes have successfully ramped up to over 43,000 bopd. -
13 Jul 26
Sao Tome: Petrobras concludes acquisition of exploration block in São Tomé and Príncipe.
Petrobras, following up on its announcement of April 17, 2026, has completed the acquisition of a stake and the assumption of operations for Block 3 , located offshore São Tomé and Príncipe, in Africa. -
12 Jul 26
UK: Labour MP takes case for North Sea oil and gas direct to incoming PM Andy Burnham
A Labour member of Westminster's Energy Security and Net Zero Committee has revealed he took evidence presented during the committee's visit to Aberdeen directly to incoming Prime Minister Andy Burnham as he urged the new government to adopt a more 'pragmatic' approach to the North Sea. -
12 Jul 26
UK: Powering exploration with accessible data
Oil and gas, carbon storage and other offshore energy projects have all been handed a significant boost with a series of data accessibility innovations. Vital information on the North Sea Transition Authority’s National Data Repository (NDR), which contains more than one million files dating from the 1960s to the present, can now be located in just a few seconds. -
12 Jul 26
India: Vedanta reaffirms its commitment to unlock India’s hydrocarbon resources to secure energy independence
Marking Global Energy Independence Day, Vedanta reaffirmed its commitment to accelerating domestic oil and gas exploration, saying India has a historic opportunity to unlock its hydrocarbon resources and reduce its dependence on imported energy. It also reaffirmed Vedanta Oil & Gas’ ambition to produce 500,000 barrels of oil equivalent per day (boepd), positioning the company to play a pivotal role in India’s journey towards energy security.
