Petrobras and Ecopetrol confirm Colombia’s largest-ever gas discovery

Pallavi Madhiraju- December 8, 2024

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

Pallavi Madhiraju- November 28, 2024

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

Pallavi Madhiraju- November 22, 2024

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

Pallavi Madhiraju- November 17, 2024

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

Pallavi Madhiraju- October 16, 2024

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

Pallavi Madhiraju- October 15, 2024

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

Pallavi Madhiraju- September 11, 2024

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

Pallavi Madhiraju- September 7, 2024

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

Pallavi Madhiraju- August 12, 2024

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

Pallavi Madhiraju- August 12, 2024

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