Petrobras and Ecopetrol confirm Colombia’s largest-ever gas discovery
Petrobras, through its subsidiary Petrobras International Braspetro B.V. (PIB-COL), and Colombian energy giant Ecopetrol have unveiled what experts are calling a game-changing development for the ... Read More
ADNOC unveils XRG, an $80bn investment leader in lower-carbon energy and chemicals
ADNOC has taken a bold step into the future of energy with the launch of XRG, an independent investment company valued at over $80 billion. ... Read More
bp and partners approve $7bn Tangguh UCC project in Indonesia
bp, in collaboration with its Tangguh production sharing contract partners, has announced a final investment decision for the $7 billion Tangguh Ubadari, CCUS, and Compression ... Read More
Gas showdown: Why Russia cut Austria’s natural gas supply and what it means for Europe
Russia’s state-owned energy giant, Gazprom, has suspended natural gas deliveries to Austria, following a high-profile payment conflict with Vienna-based OMV, one of Austria’s largest utility ... Read More
Petrobras unleashes its latest powerhouse—FPSO Maria Quitéria starts pumping
The FPSO (Floating Production, Storage, and Offloading) vessel Maria Quitéria, operated by Petrobras, has commenced operations in the Jubarte field, part of Brazil’s pre-salt Campos ... Read More
PHX Minerals shares surge as WhiteHawk Energy reaffirms $4 acquisition offer
Shares of PHX Minerals Inc. (PHX) saw a notable rise after WhiteHawk Energy reiterated its offer to acquire the oil and gas royalty company for ... Read More
ADNOC strengthens UAE-India energy ties with 15-year LNG deal with IndianOil
The Abu Dhabi National Oil Company (ADNOC) has entered into a significant 15-year agreement with Indian Oil Corporation Ltd (IndianOil) for the supply of 1 ... Read More
Talos Energy unveils major oil discovery and new drilling initiative in Gulf of Mexico
Talos Energy Inc. (NYSE: TALO) has revealed a major oil discovery with its Ewing Bank 953 well, located in the prolific U.S. Gulf of Mexico. ... Read More
Tourmaline Oil Corp. to acquire Crew Energy Inc. in C$1.3bn deal
Tourmaline Oil Corp. (TSX: TOU) has announced a major acquisition of Crew Energy Inc. in a deal valued at approximately CAD 1.3 billion. The arrangement ... Read More
Arrow Energy set to make bold expansion with Surat Gas Project Phase 2
Arrow Energy, a joint venture between Shell and PetroChina, is poised to significantly boost its production capabilities with the initiation of Phase 2 of the ... Read More