Latest News
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23 Feb 26
Egypt: COD reached for first phase of the Obelisk project in Egypt
Scatec, a leading renewable energy solutions provider, has successfully reached Commercial Operations Date (COD) for the first phase of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt. -
23 Feb 26
UK: Cero Generation reaches financial close on 198 MW Bumble Bee Co-Located Renewable Energy Project at West Burton
Cero Generation, alongside its UK development partner, Enso Energy, announces that it has reached financial close on the Bumble Bee Project, a co-located utility scale solar PV and battery energy storage project, connecting to the West Burton substation near Doncaster in the UK. -
23 Feb 26
Australia: Lightsource bp accelerates APAC hybrid strategy with sale of selected portfolio to Aula Energy
Lightsource bp, a leading developer and manager of global utility-scale onshore renewable and energy storage solutions, has announced the sale of a portfolio of Australian solar assets to Aula Energy. The transaction includes five operational solar photovoltaic (PV) projects totalling 1,037MWdc: Wellington, Wellington North, West Wyalong, Woolooga and Wunghnu. -
23 Feb 26
Iraq: KBR awarded transformational oil development project in Iraq
KBR has been awarded a major contract by Basra Oil Company (BOC) to provide Integrated Field Management Services (IFMS) for the gigantic Majnoon Oil Field. Located in southern Iraq, Majnoon is one of the world’s largest oil fields, with estimated reserves of over 38 billion barrels. -
23 Feb 26
Energy Holdings: SeaBird Exploration signs contract extension for Fulmar Explorer
SED Energy Holdings has announced that its wholly owned subsidiary, SeaBird Exploration, has signed a three-month contract extension for OBN source work for the Fulmar Explorer in the Western Hemisphere. -
23 Feb 26
Norway: SLB OneSubsea awarded subsea compression upgrade for Gullfaks field
Global energy technology company SLB (NYSE: SLB) announced today that its OneSubsea™ joint venture has been awarded an engineering, procurement and construction (EPC) contract by Equinor to upgrade the subsea compression system for the Gullfaks field in the Norwegian North Sea. -
23 Feb 26
Jamaica: United Oil & Gas announces completion of Stage 2 and commencement of Stage 3 Piston Coring - Walton Morant Licence, Jamaica
AIM-listed United Oil & Gas, the oil and gas company with a high-impact exploration asset in Jamaica and a development asset in the UK, is pleased to announce the completion of Stage 2 of its Surface Geochemical Exploration ("SGE") programme and the commencement of Stage 3 piston coring operations on the Walton-Morant Licence offshore Jamaica. -
23 Feb 26
EnQuest announces full year 2025 operations update and 2026 guidance
The Group delivered another impressive year of operational performance in 2025, with asset uptime of c.90%, production above the top end of its guidance range at 45.6 Kboed, and strong cost management. The Company also grew its operations by expanding its South East Asia footprint, acquiring and integrating its new Vietnam business, delivering first gas from our Seligi 1b project (Malaysia) nine months ahead of schedule, and entering Brunei and Indonesia. -
23 Feb 26
US: Helix Exploration announces successful first helium gas production at flagship Rudyard Project and Inez testing update
Helix Exploration, the helium exploration and development company with near-term production assets within the 'Montana Helium Fairway', has announced the commencement of gas production at its flagship Rudyard Project making it the first Helium gas producer in the state of Montana. -
23 Feb 26
Egypt: Capricorn Energy announces operational and trading update
In advance of announcing its full year results for the year to 31 December 2025 on 26 March 2026, Capricorn has provided the following update on operations and trading performance, together with 2026 guidance. -
23 Feb 26
Strong Downstream and Consumer Services supported MOL Group results in the fourth quarter of 2025
MOL Group has disclosed its financial results for the full year as well as the fourth quarter of 2025. A more challenging macroeconomic and price environment weighed on Upstream performance, while strong Downstream and Consumer Services results supported overall profitability. Profit before tax reached USD 1.3 billion in 2025, representing a change of 11% decrease compared to 2024. -
23 Feb 26
Ecopetrol records 1,944 billion barrels of oil equivalent in proven reserves at the close of 2025, replacing 121% of production
As of the end of 2025, Ecopetrol Group´s proven reserves totaled 1,944 billion barrels of oil equivalent (mmboe), representing a 2.7% increase compared to the reserves at the end of 2024. -
23 Feb 26
Tullow Oil issues statement in advance of the Group's 2025 Full Year Results
Tullow Oil issues statement in advance of the Group's 2025 Full Year Results. 2025 has been a year of disciplined execution across the business. This includes strong operational momentum which continues with excellent results from the latest Jubilee well and a further five wells due onstream this year to support production targets. -
23 Feb 26
Denmark: BlueNord and partners invited to explore an extension of the DUC license beyond its current 2042 expiry
The Danish Ministry of Climate, Energy and Utilities has invited BlueNord and its partners in the Danish Underground Consortium (the 'DUC') to explore an extension of the DUC license beyond its current 2042 expiry. -
22 Feb 26
Mauritius: Qair secures Mauritius’ largest energy project financing in a decade
Independent renewable energy company Qair has announced the completion of financing for its flagship hybrid Stor'Sun project in Mauritius. The Stor'Sun project is a testament to Qair’s expertise in securing tailored financial partnerships for complex and innovative renewable energy initiatives.
