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 Jul 26![]() |
Valeura Energy enters into a revolving and expandable credit facility Valeura Energy has entered into a revolving and expandable credit facility with a syndicate of leading international banks and a global commodities trading house. The Facility is a revolving credit line of up to US$75 million, and includes an uncommitted accordion feature allowing total commitments to be increased by up to a further US$250 million, to US$325 million in aggregate. |
23 Jul 26![]() |
UK: Comment from David Whitehouse CEO of Offshore Energies UK following a constructive meeting with the new Secretary of State for Energy and Net Zero David Whitehouse,CEO of Offshore Energies UK, following a constructive meeting with the new Secretary of State for Energy and Net Zero, said that, while they did not agree on everything, they share a common purpose: delivering the energy, jobs and investment the UK needs. |
23 Jul 26![]() |
Repsol posts net income of €2.201 billion Net income for the first half of 2026 stood at €2.201 billion, due to the revaluation of inventories (+€823 million). Adjusted net income, which specifically measures business performance, was €2.711 billion. |
23 Jul 26![]() |
DOF Group announces further fleet optimisation through vessel transactions and update on Skandi Amazonas DOF Group has announced two vessel transactions involving a total of six vessels as part of further fleet optimisation and high-grading efforts to strengthen DOF's position in the company's core business areas. |
23 Jul 26![]() |
Getech wins landmark €1m+ European Commission Natural Hydrogen Contract Getech, a leading locator of subsurface resources, has been selected as a key technical delivery partner in a consortium that has been awarded a major European Commission ('EC') contract to deliver the first Europe-wide assessment of natural hydrogen potential and associated regulatory requirements, with an expected contract value to Getech of more than €1 million. |
23 Jul 26![]() |
Serica Energy announces completion of new Reserves Based Lending facilities AIM-listed Serica Energy has announced the signing and completion of new six-year, senior secured Reserves Based Lending ('RBL') facilities totalling $750 million, comprising a $500 million secured revolving loan facility and a $250 million secured revolving letter of credit ('LoC') facility. |
23 Jul 26![]() |
Australia: Beetaloo Energy launches Beetaloo Digital and secures land for proposed integrated power and data centre development Beetaloo Energy has launched Beetaloo Digital to progress a proposed large-scale integrated data centre opportunity in the Northern Territory cornerstoned by gas fired power. |
23 Jul 26![]() |
TGS announces Q2 2026 results TGS reports interim financial results for Q2 2026. With revenues up 30% and EBITDA up 60% y/y, TGS delivered strong financial results for Q2 2026, driven by a combination of growing demand for multi-client data and solid operational execution. |
23 Jul 26![]() |
Kuwait Oil Company awards Halliburton a multiyear agreement to support the development of the Ahmadi Innovation Valley Kuwait Oil Company (KOC) awarded Halliburton a multiyear agreement to support the development of the Ahmadi Innovation Valley (AIV), a flagship initiative that advances Kuwait’s energy sector transformation. |
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: 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![]() |
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: 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. |































