energy-pedia news
Search energy-pedia news by selecting date, type, and region from the drop-down boxes
The full News Archive is available to Corporate Subscribers only. Non-Subscribers can access up to four years of archived news. For details of how to subscribe click here.
23 Aug 26![]() |
Lime Petroleum provides update on operations and strategic review Lime Petroleum has provided a strategic review update following its previous market communication on June 8, 2026. Arctic Securities AS has been appointed as financial advisor to manage the sales process and seek to maximize value of a potential sale. |
23 Aug 26![]() |
Poland: 111 Baltica 2 foundations completed on schedule. PGE and Ørsted successfully conclude monopile installation All monopiles have now been installed at the Baltica 2 offshore construction site – 107 for wind turbines and 4 for offshore substations. PGE and Ørsted completed this key stage on schedule. The completion of monopile installation marks the end of one of the most important stages in the construction of the offshore part of Baltica 2. |
23 Aug 26![]() |
Australia: GE Vernova supports Quinbrook to deliver all three stages of one of Australia’s largest battery energy storage projects GE Vernova has been chosen by Quinbrook for the third stage of the Supernode Battery Energy Storage System (BESS) project in Queensland. With this contract, GE Vernova will provide power conversion, control and integration technologies across all three stages of one of Australia’s largest battery energy storage developments. |
23 Aug 26![]() |
US: Integrating the Delaware Basin: Devon Energy reaches Final Investment Decision on Solitude Pipeline System Devon Energy Corporation has announced a positive Final Investment Decision ('FID') on the Solitude Pipeline System, a WhiteWater-led joint venture that will construct two 48-inch natural gas pipelines connecting the Permian Basin to Katy, TX. Solitude is the latest in a deliberate series of steps Devon has taken to integrate and consolidate the infrastructure supporting its Delaware Basin position. |
23 Aug 26![]() |
Argentina: Continental Resources to acquire 50% interest in Phoenix Global Resources, forming JV operating company with Mercuria Energy Group Mercuria Energy Group held Phoenix Global Resources has announced that Continental Resources has signed a Heads of Agreement ('HOA') outlining a proposed transaction under which Continental will acquire a 50% interest in Phoenix. Upon completion of the transaction, Mercuria and Continental will become equal owners, forming a 50/50 joint venture operating company focused on the continued development and expansion of Phoenix's position in Argentina's Vaca Muerta. |
23 Aug 26![]() |
US: Continental Resources significantly expands Permian Basin position with acquisition of FireBird Energy II Continental Resources has entered into an agreement to acquire FireBird Energy II LLC, a portfolio company of Quantum Capital Group. The acquisition of FireBird, which owns approx. 54,000 net acres in the Midland Basin, significantly expands Continental's Permian Basin position and adds high-quality, oil-weighted production and development inventory adjacent to its existing operations. |
23 Aug 26![]() |
Ghana: Petrobras begins negotiations for exploration blocks in Ghana Petrobras has expressed interest in exploration blocks located in offshore areas of the Keta Basin, in Ghana. Ghana's Ministry of Energy and Green Transition has approved the application for negotiation of exploration contracts in four blocks. With this approval, Petrobras has entered the direct negotiation phase of the exploration contract terms. |
21 Aug 26![]() |
UK: New challenge launched to store clean energy for longer and protect households from price spikes The Ultra-Long Duration Energy Storage Challenge will offer £28 million to create tech which can store clean energy for over 100 hours. Following another record-breaking heatwave, this launch boosts government’s clean energy ambitions to combat climate change. |
21 Aug 26![]() |
UK: London's largest rooftop solar installation at New Spitalfields Market One of the UK’s most important wholesale food markets is now home to the largest rooftop solar installation in London, following the completion of a major renewable energy project at New Spitalfields Market. |
21 Aug 26![]() |
Namibia: Sintana Energy announces update on strategic investment in Maravilla Oil and Gas Sintana Energy has announced, further to a previous announcement dated 20 January, 2026, the entry into definitive documentation providing for the acquisition of a 44% interest in Maravilla Oil and Gas, a privately held, Namibian company focused on high-impact opportunities in West Africa. |
21 Aug 26![]() |
McDermott announces Q2 2026 results McDermott International has announced financial results for the second quarter 2026. For the three months ended June 30, 2026, revenue was $2.3 billion; adjusted EBITDA was $143 million; and cash flow used in operating activities was $76 million. Net income reached $41 million during the quarter. Backlog at quarter end was $15.8 billion. Trailing twelve months adjusted EBITDA was $519 million. |
21 Aug 26![]() |
UK: Energy Safety Awards winners recognised for driving lasting safety improvements through commitment, dedication and passion Inspiring individuals, teams and companies from across the energy sector have been recognised at the 2026 Energy Safety Awards ceremony jointly hosted by Offshore Energies UK and Step Change in Safety at P&J Live in Aberdeen. |
21 Aug 26![]() |
Scatec second quarter 2026: Growth journey and solid project execution continues In the second quarter, Scatec delivered strong progress across its growth portfolio, with new assets contributing materially to power generation and revenues, and strong performance in the D&C segment with a gross margin of 24% and an EBITDA of NOK 234 million. Proportionate revenues were NOK 2,286 million (2,302 million), and EBITDA was NOK 1,016 million (1,130 million). |






















