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.
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: Industry urges new Energy Secretary Miatta Fahnbulleh to back homegrown energy over imports Offshore Energies UK (OEUK) has congratulated Miatta Fahnbulleh on her appointment as Secretary of State for Energy Security and Net Zero and urged her to meet North Sea industry representatives to make clear the new government backs homegrown energy production over growing reliance on imports. |
21 Jul 26 |
UK: Burnham places future of North Sea in the hands of London MP Miatta Fahnbulleh Andy Burnham has replaced Ed Miliband as Energy Secretary in his first cabinet reshuffle after becoming Prime Minister, appointing first-term Labour MP Miatta Fahnbulleh to the role. Mr Miliband, who frequently clashed with the North Sea sector over his opposition to new oil and gas licences and support for the windfall tax, has instead been appointed Foreign Secretary. |
21 Jul 26 |
UK: Burnham unveils VAT cut on electricity bills as first major policy Prime Minister Andy Burnham has announced plans to scrap VAT on domestic electricity bills from October 1, saying the move will cut the average annual household bill by around £45. The measure, unveiled on his second day in Downing Street, is expected to cost £850 million in 2026/27 and is the first in a series of economic announcements expected from the new government. |
21 Jul 26 |
Eni and PETRONAS' Searah JV will reshape Southeast Asia's upstream landscape Eni and PETRONAS' launch of Searah, a new 50:50 strategic venture spanning 19 upstream assets across Indonesia and Malaysia, has the potential to reshape Southeast Asia's upstream sector, according to new analysis from Wood Mackenzie. |
21 Jul 26 |
Norway: Zenith Energy completes financing in Norway Zenith Energy, the listed international energy production and development company, has completed a private placement of common shares of no par value with institutional investors in Norway. The Financing has attracted the participation of existing institutional investors to raise an aggregate total amount of approx. £2,116,000, resulting in the issuance of a total of 50,000,000 new common shares. |
21 Jul 26 |
Sintana Energy announces Latin-America updates ANCAP, the Uruguayan state-owned energy company and regulator, has agreed to a suspension of the initial exploration subperiod of the AREA OFF-1 block, offshore Uruguay, for 1 year. On 14 February 2025, Challenger Energy Group, a member of the Sintana group of companies, submitted an expression of interest for the award of an offshore hydrocarbon exploration permit under national jurisdiction in the North Argentine Basin (CAN - 200). |
21 Jul 26 |
Norway: Vår Energi reports record financial results in the second quarter 2026 Vår Energi reports record financial results in the second quarter 2026 and announces a combination with BlueNord, building the largest independent producer of oil and gas in Europe. |
21 Jul 26 |
Austria: bp agrees sale of Austrian mobility & convenience and EV charging businesses to volenergy AG bp has reached an agreement to sell its mobility, convenience and electric vehicle (EV) charging businesses in Austria to volenergy AG. The transaction supports bp’s plan to become a simpler, stronger and more valuable company, and reflects its continued focus on disciplined capital allocation. |
20 Jul 26 |
US: Magnolia Oil & Gas announces acquisition of WildFire Energy Magnolia Oil & Gas Corporation has entered into a definitive purchase agreement to acquire WildFire Energy for approx. $4.06 billion, inclusive of WildFire’s debt and subject to customary purchase price adjustments. |
20 Jul 26 |
UK invests in homegrown space tech to boost national resilience British businesses, universities and researchers will receive access to more than £62 million in government funding to develop homegrown space technologies, boosting the UK’s national resilience and helping protect its independence in a strategically vital sector. |
20 Jul 26 |
UK: New Prime Minister urged to change course as poll shows overwhelming support for North Sea oil and gas production More than seven out of ten people think the UK should produce oil and gas in its own waters rather than rely on imports from abroad, according to independent polling. |
