Latest News
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22 Jul 26
Kazakhstan: Eni and KazMunayGas mark First Industrial Electricity from the Gas Power Plant of Kazakhstan Hybrid Power Plant Project
Eni has announced the achievement of First Industrial Electricity from the 120 MW Gas Power Plant, a key component of the 247 MW Mangystau Hybrid Power Plant Project developed in partnership with KazMunayGas and Eni’s subsidiary Plenitude in the Mangystau Region of Kazakhstan. -
22 Jul 26
UK: Egg Power buys Yorkshire solar project
egg Power, Liberty Global’s clean energy business, has secured the project rights to Pilmoor Solar Farm in Yorkshire from PS Renewables. Its fifth acquisition sees it acquire the 72MW farm which will generate enough electricity to power 21,000 homes and removing 9,000 tonnes of CO2 emissions annually. -
22 Jul 26
UK: Scottish Labour leader Anas Sarwar set for Burnham government role
Scottish Labour leader Anas Sarwar is expected to stand down from Holyrood to join Andy Burnham's UK Government as a business minister. The move would see Mr Sarwar resign as Scottish Labour leader, leave the Scottish Parliament and take a seat in the House of Lords. -
22 Jul 26
UK: Renewable power offers best bet for new Energy Secretary to cut bills
Commenting on the appointment of Miatta Fahnbulleh as the new Energy Secretary, and on the departure of her predecessor Ed Miliband, RenewableUK’s CEO Tara Singh said: 'We're looking forward to working closely with Miatta Fahnbulleh and the new Government to achieve what households and businesses across the country want most: lower energy bills, greater energy security and good jobs in every part of the UK. -
22 Jul 26
UK: Fahnbulleh promises 'pragmatic' approach to North Sea as unions seek urgent talks
New Energy Secretary Miatta Fahnbulleh has insisted she will take a 'pragmatic' approach to North Sea oil and gas, as unions seek urgent talks over the future of the sector. -
22 Jul 26
88 Energy provides quarterly activities and cashflow report
88 Energy has provided a report on its activities in Alaska and Namibia for the quarter ended 30 June 2026. -
22 Jul 26
Germany: Vestas announces new 43 MW order in Germany
Vestas has announced a new 43 MW order in Germany, as part of its Q3 order intake. The customer is Eurowind Energy A/S and the project name is Ladenthin. Delivery is planned to begin in Q3 2027, with commissioning scheduled to begin in Q4 2027. -
22 Jul 26
Finland: Iberdrola acquires Finland’s largest electricity distribution company, valued at €5 billion
Iberdrola has reached an agreement to acquire Caruna, Finland’s leading electricity distribution company, in a transaction valuing 100% of the company at around €5 billion, including its financial debt. -
22 Jul 26
Germany: RWE reports first electricity fed into grid from Nordseecluster A offshore wind farm off German coast
One milestone follows another at the 1.6-gigawatt (GW) Nordseecluster offshore wind project. Yesterday, just a few weeks after the successful installation of the first turbine, electricity was fed into the German grid for the first time. -
22 Jul 26
Cote d'Ivoire: Saipem awarded a new offshore drilling contract by Eni Côte d’Ivoire valued at approx. USD 260 million
Saipem has been awarded a new offshore drilling contract by Eni Côte d’Ivoire, valued at approx. 260 million USD. The drillship Santorini will be deployed offshore Côte d’Ivoire for a long-term development drilling campaign, with operations scheduled to begin in early 2027. -
22 Jul 26
Australia: Omega Oil & Gas commences transformational Taroom Trough drilling program
Helmerich & Payne FlexRig® 648 has commenced mobilisation to Omega's Canyon-3 well location on the eastern flank of the Taroom Trough, marking the start of Omega’s transformational, fully funded, 2026/27 drilling program. -
22 Jul 26
Norway: TGS announces Atlantic Margin South Reprocessing project in the Norwegian Sea
TGS has announced the Atlantic Margin South Reprocessing project, located in the Norwegian Sea. The project area covers more than 23,000 sq kms of 3D data over this underexplored part of the Norwegian continental shelf (NCS). -
22 Jul 26
Canada: TGS commences Orphan3D PSDM Phase 2 reprocessing offshore Newfoundland and Labrador
TGS has announced the commencement of the Orphan3D PSDM Phase 2 reprocessing project offshore Newfoundland and Labrador, Canada. The project will upgrade approximately 13,300 km² of 3D seismic data across one of the most prospective exploration regions in the North Atlantic. -
22 Jul 26
Equinor announces second quarter 2026 results
Equinor delivered an adjusted operating income of USD 11.48 billion in the second quarter of 2026. Equinor reported a net operating income of USD 12.99 billion and a net income of USD 4.84 billion. Adjusted net income was USD 3.22 billion, leading to adjusted earnings per share of USD 1.33. -
21 Jul 26
Halliburton announces second quarter 2026 results
Halliburton Company announced net income of $534 million for the second quarter of 2026 and adjusted net income, excluding 'Impairments and other credits', of $461 million. This compares to net income for the first quarter of 2026 of $461 million. Halliburton's total revenue for the second quarter of 2026 was $5.7 billion, compared to total revenue of $5.4 billion in the first quarter of 2026. -
21 Jul 26
UK: Chris O'Shea comment on VAT reduction for energy bills
Chris O'Shea, Group Chief Executive of Centrica, comments on the Government's announcement to remove VAT from household electricity bills from 1 October. -
21 Jul 26
UAE: TotalEnergies announces Final Investment Decision (FID) for the Umm Shaif Gas Cap development
TotalEnergies has announced the Final Investment Decision (FID) for the Umm Shaif Gas Cap development in the Umm Shaif and Nasr offshore concession, in which the Company holds a 20% interest alongside ADNOC (60%), CNPC (10%) and ENI (10%), with ADNOC Offshore as operator.
