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.

Reset

26 Feb 26	Indonesia: Upland Resources signs MoU to to conduct a joint feasibility study for the potential development of Blocks MY1 and MY2 in Aceh Province Upland Resources has signed a Memorandum of Understanding with PEMA, the Aceh provincial government-owned energy and mineral investment authority, to conduct a joint feasibility study for the potential development of Blocks MY1 and MY2 in Aceh Province.
26 Feb 26	Jadestone Energy announces its 2026 guidance and end-2025 reserves update AIM-listed Jadestone Energy has announced its 2026 guidance and end-2025 reserves update. Through successful organic and acquisition led growth, Jadestone has increased its production 73% over the 2022-25 period, representing compound annual growth of 20%.
26 Feb 26	Angola: Corcel completes 2D seismic acquisition project at the operated KON-16 Block, onshore Angola AIM-listed Corcel, the Angola-Brazil focused energy company, has confirmed that it has now completed 100% of the 2D Seismic acquisition project at the operated KON-16 Block, within the Kwanza Basin, onshore Angola. The dataset provides clear imaging of key pre-salt structures and gives the Company increased confidence in advancing multiple de-risked pre-salt and post-salt drilling opportunities within KON-16.
26 Feb 26	Halliburton introduces Rangestar™ Geothermal Well Spacing and Intercept Service Halliburton has launched the RangeStar™ Geothermal Well Spacing and Intercept Service, a part of the family of RangeStar™ magnetic ranging services, a next-generation solution that supports geothermal development through faster, more accurate, and fully integrated well placement.
26 Feb 26	Prosafe SE: Fourth-quarter results 2025 Prosafe SE reported EBITDA of USD 21.1 million (USD 8.4 million) for the fourth quarter of 2025. All the company’s five vessels generated revenue through-out the quarter, with four units active during the full period and the Safe Boreas arriving in Australia ahead of the expected start of operations in the first quarter of 2026.
26 Feb 26	ABL Group announces Q4 2025 financial results ABL Group has announced its 2025 fourth quarter results. Revenues of USD 88.7 million (Q4 24: USD 85.9 million). Operating loss of USD 4.2 million (Q4 24: USD 2.4 million operating profit). Adjusted EBIT of USD 3.2 million (Q4 24: USD 3.1 million).
25 Feb 26	Portugal: Exus Renewables to acquire stake in Masdar’s Portuguese wind portfolio Exus Renewables, a leading global energy solutions provider, has signed an agreement with Abu Dhabi Future Energy Company PJC – Masdar, a global clean energy leader, to acquire a 60 percent stake in a portfolio of nine wind farms in Portugal. Masdar will retain a 40 percent stake in the portfolio.
25 Feb 26	Germany: First components for Nordlicht I completed ahead of schedule The Nordlicht cluster has reached an important milestone before offshore construction is set to begin later this year: the first monopiles and transition pieces for Nordlicht I have been successfully completed, ahead of schedule.
25 Feb 26	Malaysia: Velesto secures contract for East Belumut Phase 9 Velesto Energy, through its wholly owned subsidiary Velesto Drilling, has been awarded a drilling contract of approximately USD16.5 million by Jadestone Energy (Malaysia). The contract involves the provision of NAGA 8 to support infill drilling activities at the East Belumut field.
25 Feb 26	Deep Value Driller announces agreement to sell the Deep Value Driller Following the announcement by Deep Value Driller (DVD) on 17 February 2026 regarding the agreement to sell the Group's 7th generation mobile offshore drilling vessel 'Deep Value Driller' to Saipem, the Company has received an unsolicited offer from Eldorado Drilling to acquire the Drillship for a price of USD 300 million payable in cash and has accepted Eldorado's offer in preference to that of Saipem.
25 Feb 26	UK: Star Energy announces trading update for the year to 31 December 2025 Star Energy, a leading onshore hydrocarbon producer in the United Kingdom, delivering natural gas and crude oil to Britain’s energy market, has provided a trading update for the year to 31 December 2025.
25 Feb 26	UK: NSTA provides data access boost for carbon storage, offshore wind and decommissioning The North Sea Transition Authority (NSTA) has enabled a new free text search facility which will help users from industry, academia and government access crucial information more quickly. This will be of huge assistance to researchers looking for information to help them determine if a location is suitable for uses such as carbon storage or offshore wind. Oil and gas decommissioning will also benefit.
25 Feb 26	Qatar: Technip Energies awarded a major LNG contract for the North Field West project by QatarEnergy Technip Energies, as leader of a joint venture with Consolidated Contractors Company (CCC) and Gulf Asia Contracting (GAC), has been awarded a major Engineering, Procurement, Construction and Commissioning (EPCC) contract by QatarEnergy for the onshore LNG facilities of the North Field West (NFW) project.
25 Feb 26	Finland: Statkraft signs contract with OX2 to optimize large-scale batteries in Finland Statkraft and Swedish developer OX2 have signed a seven-year, 235-MW battery energy storage agreement in Finland. This is Statkraft’s largest BESS PPA in the Nordics to date.
25 Feb 26	Getech’s latest Globe release delivers deeper tectonic and structural insight Getech, a world-leading locator of subsurface resources, has released a new version of Globe, its flagship geoscience analysis platform. Globe 2026.1 adds new data layers, updates existing content and introduces new tools that expand the platform’s analytical capabilities to enable its users to gain greater insight into Earth’s tectonic and structural development.
25 Feb 26	UK: Leading energy companies unite in bid to create Britain’s first hydrogen network in the Humber Four of Britain’s leading energy companies – National Gas, Centrica, Equinor and SSE Thermal – have launched a coordinated bid to develop Britain’s first regional hydrogen transport and storage network in the Humber.
25 Feb 26	UK: Ofgem must urgently reform network charges or risk Britain’s energy transition, says industry body A report published today (February 24) by Scottish Renewables, the industry body for renewable energy in Scotland, has called on Ofgem to take immediate action on network charges and secure Scotland’s vital role in delivering economic growth and clean power as a cornerstone of Britain’s new energy mix.
25 Feb 26	UK: Billpayers to start benefitting from an average of £150 off the costs of energy bills from April onwards The Government announced in the Autumn Budget that it would cut the cost of living, including by taking an average of £150 off the costs of energy bills from April. The energy regulator Ofgem has now confirmed the energy price cap for April – which limits the amount customers on standard variable tariffs pay for each unit of gas and electricity – will fall by 7%.
25 Feb 26	Denmark: Worley selected by Energinet for flagship hydrogen pipeline project in Denmark Worley has signed a five-year Engineering, Procurement and Construction Management (EPCM) services contract by Energinet to support Phase 1 of the Danish Hydrogen Backbone pipeline.
25 Feb 26	Nordex Group reports solid Q4/2025 results, enabling the company to meet all financial and operational targets for 2025 Nordex Group reports solid Q4/2025 results, enabling the company to meet all financial and operational targets for 2025 and to exceed its previously communicated mid-term EBITDA margin target.
25 Feb 26	Trinidad: Touchstone Exploration announces 2025 year-end reserves Touchstone Exploration has announced 2025 year-end reserves. The year-end reserves report highlights the strategic integration of the Central block into the Company's producing reserve base, establishing a new pillar for LNG-linked growth alongside the Company's stable oil production and Ortoire natural gas assets.
25 Feb 26	Magnora releases annual report for 2025 and outlook update Magnora has published its annual report for 2025 and shared highlights on progress for sales and scaling the data center segment. Magnora extended its strategic scope by establishing a data center business area with improved margins, now being the company’s top investment and growth priority.
24 Feb 26	Colombia: Scatec reaches financial close and starts construction of 130 MW solar power plant in Colombia Scatec, a leading renewable energy solutions provider, has reached financial close for the 130 MW 'Barzalosa' solar plant in Colombia, and is starting construction.
24 Feb 26	Equatorial Guinea: Kosmos Energy announces sale of Equatorial Guinea production assets to Panoro Energy for up to $219.5 million Kosmos Energy has entered into an agreement to sell its 40.375% non-operating working interest in the Ceiba Field and Okume Complex production assets offshore Equatorial Guinea to Panoro Energy for $180 million, plus future contingent payments of up to $39.5 million.
24 Feb 26	South Africa: Chariot reports that Etana Energy has signed up a further 150MWAC in sole offtake from the Orkney 219MWDC solar photovoltaic project AIM-listed Chariot, the Africa focused energy company, reports that Etana Energy, the South African electricity trading platform in which Chariot’s subsidiary, Chariot Generation and Trading, holds an economic interest of 34%, has signed up a further 150MWAC in sole offtake from the Orkney 219MWDC solar photovoltaic project which has now reached financial close.