Latest News
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16 Mar 26
UK: Bilfinger offshore workers in strike ballot over jobs, pay, and conditions
Unite workers employed by Bilfinger are being balloted over strike action on North Sea assets operated by Ithaca Energy in a dispute over jobs, pay, and conditions. -
16 Mar 26
Brazil: Iberdrola registers bid to acquire 100% of its Brazilian subsidiary Neoenergia
Iberdrola has officially published the documentation for the takeover bid for all Neoenergia shares not controlled by the Group, according to information submitted March 12 to the securities commissions. -
16 Mar 26
Libya: Eni announces new gas discoveries in Libya totalling more than 1 Tcf
Two adjacent geological structures, Bahr Essalam South 2 (BESS 2) and Bahr Essalam South 3 (BESS 3), were successfully drilled by the B2-16/4 and C1-16/4 wells, located approx. 85 km off the coast in about 650 feet of water, and 16 km south of the Bahr Essalam gas field. Preliminary volumetric estimates indicate that the BESS 2 and BESS 3 structures jointly contain more than 1 Tcf of gas in place. -
16 Mar 26
UK: Stillstrom scales offshore vessel charging in the UK as commercial rollout gains momentum
Stillstrom by Maersk is set to deploy its offshore vessel charging solutions commercially in the UK, establishing a dedicated Aberdeen entity after seven years of development and collaboration with North Sea shipowners, suppliers, and regulators. -
16 Mar 26
UK: RenewableUK welcomes decision to bring forward next clean power auction to secure new renewable energy capacity
CRenewableUK welcomes the Government’s announcement that it intends to open the next auction for new clean energy projects, Contracts for Difference Allocation Round 8, in July 2026. -
16 Mar 26
Global offshore wind capacity set to hit 100 gigawatts this year – enough to power more than 100 million homes
RenewableUK’s latest EnergyPulse Insights offshore wind report predicts that the global offshore wind industry is set to reach a milestone of 100 gigawatts of operational capacity this year - enough to meet the needs of over 100 million UK homes a year. -
16 Mar 26
UK: Government to go 'further and faster' in becoming energy secure
The Energy Secretary has outlined a package of measures to go 'further and faster' in the pursuit of national energy security as a response to events in the Middle East. The Energy Secretary has set out an accelerated package of energy interventions to boost the UK’s energy security. -
16 Mar 26
UK: Energy Secretary urged to approve North Sea projects amid rising energy costs
Industry leaders and trade unions are urging the Government to approve production at two major North Sea energy projects, warning that failure to do so could worsen Britain’s energy crisis and threaten manufacturing jobs. Calls have been directed at Ed Miliband, with business groups arguing that approval of the Rosebank oil field and the Jackdaw gas field would help ease soaring energy prices triggered by conflict in the Middle East. -
16 Mar 26
US: Buccaneer Energy announces completion of Carlisle-1 acquisition
AIM-listed Buccaneer Energy, the international oil & gas exploration and production company with development and production assets in Texas, USA, has completed the acquisition of a 100% working interest in the Carlisle-1 well located in the Fouke area of the Pine Mills field. -
16 Mar 26
DNO brings forward Norway production through multi-asset Equinor swap
DNO, the Norwegian oil and gas operator, has announced a non-cash swap of Norwegian Continental Shelf assets with Equinor Energy covering DNO’s stakes in four non-core discoveries in exchange for interests in the Kvitebjørn area in the Northern North Sea. -
16 Mar 26
US: Energy Department initiates Strategic Petroleum Reserve Emergency Exchange to stabilize global oil supply
DOE issued a Request for Proposal for an exchange of up to 86 million barrels of crude oil from the Strategic Petroleum Reserve, the first tranche of the 172-million-barrel exchange announced as part of the International Energy Agency’s collective release of 400 million barrels of oil. -
15 Mar 26
US: Venture Global announces final investment decision and financial close for Phase 2 of CP2 LNG
Venture Global has announced a final investment decision (FID) and successful closing of an $8.6 billion project financing for the second phase of the company’s third project, Venture Global CP2 LNG (CP2). The project is expected to make Venture Global the largest exporter of US LNG. -
15 Mar 26
Update on IEA collective action decision of 11 March 2026
Oil from the IEA emergency reserves will soon start flowing to global markets following the announcement on 11 March that IEA Member countries will make 400 million barrels of oil available to the market in response to the disruptions resulting from the Middle East conflict. -
15 Mar 26
Goodnight Light: Plenitude’s book for becoming friends with the dark
Plenitude has launched Goodnight Light, a new communication project designed to encourage energy saving by helping children overcome their fear of the dark. The initiative aligns with Plenitude’s mission as a Benefit Corporation, promoting a positive impact on people and the environment while engaging the younger generations.
