Latest News
-
18 May 26
Austria: OMV starts production of Austria’s largest natural gas discovery in 40 years
OMV has announced the start of gas extraction from the Wittau well, in Austria. Discovered three years ago, Wittau is OMV’s most important gas find in recent decades. -
18 May 26
Türkiye: RES completes sale of Topaz Wind Farm to Reges Elektrik
ES, the world’s largest independent renewable energy company, has announced the successful sale of the Topaz Wind Energy Project in Türkiye. The Topaz project was awarded to RES under the wind capacity tender organized by the Turkish Electricity Transmission Corporation (TEIAS) in 2017. -
18 May 26
NextEra Energy and Dominion Energy to combine, creating the world's largest regulated electric utility business
NextEra Energy and Dominion Energy have announced that they have entered into a definitive agreement to combine in an all-stock transaction. The combination will create the world's largest regulated electric utility business, fortified by North America's premier energy infrastructure platform and developer. -
18 May 26
Norway/Poland: Joint Statement of the Norwegian and Polish Ministers of Energy
The Norwegian and Polish Ministers of Energy reaffirmed today the strong bilateral ties between Norway and Poland in the field of oil and gas, as well as their shared commitment to further strengthening a long-term, reliable, and responsible bilateral partnership. -
18 May 26
Norway/UK: Viridien launches dense multi-client OBN survey across the Frigg area of the North Sea
Building on the success of its ocean bottom node (OBN) surveys in the North Sea, Viridien has announced the commencement of a dense multi-client OBN survey covering 645 km2 in the Frigg area of the North Sea, straddling the UK and Norwegian sectors. Final processed deliverables will be available in Q3 2027. -
18 May 26
GWEC records sharp rise in wind turbine installations, as five OEMs exceed 100 GW
Five wind turbine manufacturers have now surpassed the 100+ gigawatts installed milestone, demonstrating the growing experience and track-record of the wind industry at a time of increasing demand for renewable energy, according to data published May 14 by the Global Wind Energy Council. -
18 May 26
Italy: European Energy begins construction on Italy’s largest agrivoltaic project
European Energy has started construction on a 225.5 MW agrivoltaic project near Vizzini in Sicily, following a final investment decision exceeding EUR 200 million. The project is expected to become Italy’s largest agrivoltaic plant and one of the largest in Europe. -
18 May 26
UK: Conservatives to force Commons vote on North Sea drilling
The Conservatives will force a Parliamentary vote calling on the UK Government to approve the Rosebank and Jackdaw oil and gas developments and back new North Sea drilling. The move comes through an amendment to the King’s Speech urging ministers to reverse opposition to new oil and gas licences and introduce a presumption in favour of approval. -
18 May 26
DNV launches coordinated standards to improve safety and reliability of floating solar
DNV has published two new standards aimed at improving the safety, reliability and long-term performance of floating solar photovoltaic (FPV) systems, supporting the rapid global growth and expansion of renewables. -
18 May 26
Canada: Eni completes investment in Nouveau Monde Graphite
Eni has announced the closing of the equity investment in Nouveau Monde Graphite Inc. ('NMG'), a Canadian company listed on the Toronto Stock Exchange and the New York Stock Exchange, operating in the natural graphite and advanced battery materials industry. -
18 May 26
US: 88 Energy announces South Prudhoe Prospective Resource Upgrade, North Slope Alaska
88 Energy has announced a material update to the Prospective Resource Estimate for its South Prudhoe Project (100% W.I.), located on Alaska's North Slope immediately south of the Prudhoe Bay Unit (PBU) and Kuparuk River Unit (KRU). For the South Prudhoe Project the estimated total gross unrisked 2U Prospective Resource has been revised to 768.9 million barrels of oil and NGL's (MMbbls), 640.7 MMbbls net to 88E. -
18 May 26
Cue Energy provides update on Horizon takeover offer
Cue Energy Resources refers to the unsolicited, off-market takeover offer by Horizon Oil to acquire all fully paid ordinary shares in Cue that Horizon does not already hold a relevant interest in. -
18 May 26
UK: Europa Oil & Gas announces Cloughton well planning application update
Europa Oil & Gas has announced that, further to its announcement of 27 April 2026, it has been notified by North Yorkshire Council that the Local Planning Authority has now issued its decision to refuse planning permission for the Cloughton gas appraisal well. -
18 May 26
BW Offshore announces first quarter results 2026
BW Offshore has announced first quarter results 2026. Highlights include: Q1 EBITDA of USD 47.9 million and operating cash flow of USD 43.3 million. Robust balance sheet with USD 568 million in available liquidity. BW Opal production restarted, commissioning and practical completion expected mid-2026. Signed FEED with Equinor for Bay du Nord FPSO and established local office in St. John’s. Extended BW Catcher contract through 2030. Strategic review progressing. Full-year 2026 EBITDA guidance revised to USD 310-340 million. -
18 May 26
Australia: INPEX to acquire minority share in Browse
INPEX CORPORATION has announced that through its subsidiary, INPEX Mirai Upstream Pty Ltd, it has entered a sales and purchase agreement with PetroChina International Investment (Australia) Pty Ltd (CNPC) to acquire CNPC’s 10.67 percent participating interest in the Browse joint venture, including the Browse titles covering the Brecknock, Calliance and Torosa gas fields offshore Western Australia. -
18 May 26
Italy: Magnora adds 30 MW data center project to its portfolio in Italy
Magnora, a developer of data center, wind, solar, and battery projects, as well as a data center operator, has secured its second data center (DC) project in Italy, bringing Magnora’s DC project portfolio to gross 585 MW and net 460 MW. -
18 May 26
US: Santos announces first oil at Pikka in Alaska
Santos has announced first oil from the Pikka phase 1 development on Alaska’s North Slope, with oil flow established through the Lease Automated Custody Transfer (LACT) meter into the Pikka sales oil line.
