3D Energi announces update on Essington-1 gas well operations
Australian oil and gas company 3D Energi has announced updates on ongoing drilling at the Essington-1 gas exploration well in …
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EnQuest secures $800m reserve-based lending package
UK-based independent oil and gas company EnQuest has signed new senior secured reserve-based lending (RBL) facilities totalling $800m (£607.55m). The six-year …
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US finalises offshore oil lease sales in Gulf of Mexico and Alaska
The US Government is set to auction oil and gas drilling rights across nearly 80 million acres in the Gulf …
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Japan to increase monthly LNG purchases for emergency reserves
Japan is set to start purchasing liquefied natural gas (LNG) for its emergency reserves every month from January 2026, reported …
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Aker BP and partners drill dry well in North Sea
Norwegian oil exploration and development company Aker BP and its partners have reported that exploration well 30/11-16 S has yielded …
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Gunvor withdraws bid for Lukoil assets after US Treasury criticism
Swiss commodity trading firm Gunvor has withdrawn its bid to acquire international assets from Russian energy company Lukoil after the …
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MOL looks to procure most of its crude oil from non-Russian suppliers
Hungarian oil company MOL Group has announced that it can source most of its crude oil from non-Russian suppliers, signalling …
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Equinor awards new framework contracts worth $1.7bn
Equinor has signed new framework agreements with four suppliers for insulation, scaffolding and surface treatment (ISS) services at its Norwegian …
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ConocoPhillips increases dividend for Q3 2025 amid higher project costs
ConocoPhillips has raised its dividend by 8% to $0.84 per share for the third quarter of 2025 (Q3 2025), overshadowed by …
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Baker Hughes secures equipment supply order for Rio Grande LNG Train 5
US-based energy technology company Baker Hughes has secured a new contract from Bechtel Energy to supply key liquefaction equipment for …
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ExxonMobil to buy 60% stake in Block 2 concession offshore Greece
US-based oil major ExxonMobil has signed a farm-in agreement with Energean and Helleniq Energy to acquire a 60% interest in …
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Corcel secures environmental permit for KON-16 block in Angola
UK-based exploration and production (E&P) company Corcel has secured approval to begin seismic acquisition activities within the KON-16 onshore block …
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Petronas and partners secure new exploration blocks offshore Suriname
Petronas, through its subsidiary Petronas Suriname E&P, has secured production sharing contracts (PSCs) for blocks 9 and 10 in the …
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Petro Matad announces updates on Gazelle and Heron wells in Mongolia
Petro Matad has started production from the Gazelle-1 well in Mongolia at an initial rate of 200 barrels of oil …
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Union Jack Oil’s Oklahoma well test yields no commercial oil
UK-based oil and gas company Union Jack Oil has announced that testing at the Sark well in central Oklahoma, US, …
