Latest News
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01 May 26
Repsol posts adjusted net income of €873 million
Repsol posts adjusted net income of €873 million. Adjusted net income, which specifically measures business performance, stood at €873 million in the first quarter. Net income was €929 million, partly due to the impact of the inventory effect (€593 million). -
01 May 26
Taiwan: Northland Power signs long-term Corporate Power Purchase Agreement for Hai Long offshore wind project in Taiwan
Northland Power has announced the signing of a long-term Corporate Power Purchase Agreement ('CPPA') with Taiwan Semiconductor Manufacturing Company ('TSMC') for additional power from its Hai Long offshore wind project in Taiwan. -
01 May 26
UK: Business leaders urge Holyrood candidates to back Scottish energy security
With the future of energy in the spotlight throughout the election campaign, Scottish Renewables has launched a 'Scottish Energy Pledge' highlighting to political parties the need to secure domestic energy production. -
01 May 26
Brazil: Petrobras expands its presence in the Campos Basin with the acquisition of part of the Argonauta ring-fence
Petrobras has entered into an agreement to acquire 100% of a portion of the ring-fence of the Argonauta Field (BC-10 Concession) in the Campos Basin, currently held by Shell, ONGC and Brava (Enauta Petróleo e Gás Ltda.).The acquired portion corresponds to the area of the Argonauta Field that holds 0.86% of the shared pre-salt Jubarte reservoir, related to the Unitization Agreement -
01 May 26
Copenhagen Infrastructure Partners completes acquisition of Ørsted’s European onshore platform – and launches Perigus Energy
A new chapter for European onshore renewables begins today with the launch of Perigus Energy, following the completion of Copenhagen Infrastructure Partners’ (CIP) acquisition of Ørsted’s European onshore business, through its fifth flagship fund, CI V. Formerly part of Ørsted, the business takes on a new name, identity and ambition as Perigus Energy. -
01 May 26
US: Union Jack Oil provides update on Crossroads well Southern Oklahoma USA
AIM-listed Union Jack Oil, a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company, has announced that, further to the update on 16 April 2026, Reach Oil and Gas Company (the 'Operator'), has informed the Company that the rig at Crossroads Well, located in Southern Oklahoma is still undergoing maintenance and repair. A spud date will be provided in early May. -
01 May 26
US: Energy Department issues RFP to continue swift execution of President Trump’s 172-million-barrel Strategic Petroleum Reserve Exchange
The U.S. Department of Energy (DOE) has issued a Request for Proposal (RFP) for an emergency exchange of up to 92.5-million-barrels of crude oil from the Strategic Petroleum Reserve (SPR). Today’s solicitation opens competitive bidding, continuing DOE’s execution of President Trump’s swift 172-million-barrel release as part of a coordinated 400-million-barrel action by International Energy Agency (IEA) member nations’ strategic reserves. -
01 May 26
Thailand: PTTEP reports operating results for the first quarter of 2026
PTTEP has announced its operational progress for the first quarter of 2026, highlighting an accelerated ramp-up in natural gas production from domestic projects to maximum capacity. -
01 May 26
Germany: Qualitas Energy secures permits for 59 MW of wind capacity in Germany
Qualitas Energy has secured permits for two wind energy projects located in Rhineland-Palatinate and Lower Saxony, Germany. With a combined capacity exceeding 59 MW, these projects further reinforce the company’s late-stage development pipeline in the country. -
30 Apr 26
BayWa r.e. boosts European renewables with Dual Wind Farm Sale
BayWa r.e. has successfully completed the sale of two wind farms in Poland and Italy. With a combined capacity of approximately 80 MW, these operating asset and project sales represent a significant contribution towards Europe’s renewable energy output and ambitions. -
30 Apr 26
South Africa: Africa Energy announces Block 11B/12B operations update
Africa Energy Corp has announced that the Company, through its investment in Main Street 1549 Pty Ltd. ('Main Street'), which holds an interest in Block 11B/12B, offshore the Republic of South Africa, has obtained a further extension for the submission of a new Environmental and Social Impact Assessment ('ESIA') to November 4, 2026. -
30 Apr 26
Angola: Subsea7 awarded contract offshore Angola
Subsea7 has announced the award of a substantial(1) engineering, procurement, construction, and installation (EPCI) contract by ExxonMobil to Subsea Integration Alliance (SIA) for a subsea tie-back associated with the Redevelopment 2.0 Likembe Project in Block 15, offshore Angola. -
30 Apr 26
Ørsted completes divestment of its European onshore business
Further to the announcement issued on 3 February 2026, Ørsted has now completed the divestment of its European onshore business to Copenhagen Infrastructure Partners (CIP). -
30 Apr 26
Lansdowne Oil & Gas announces Proposed Acquisition and Fundraise of £1.9 Million
AIM-listed Lansdowne Oil & Gas, a company currently suspended from trading on the AIM Market of the London Stock Exchange, has announced the conditional acquisition of São Gabriel Mineração Ltda., a graphite project in Brazil whilst continuing diligently to progress its litigation claim under the Energy Charter Treaty ('ECT') which has now received litigation funding to pursue a minimum of US$100 million (plus interest) claim against Ireland in relation to the Barryroe project. -
30 Apr 26
UK: Penspen awarded Hydrogen Transition Pathways for Industrial Clusters Study
International energy consultancy Penspen has been awarded a critical research project designed to look into how hydrogen can support the transition of the UK’s industrial clusters.
