Energean to acquire Chevron’s stakes in offshore Angola blocks
Energean has signed a $260m (£194.19m) deal to acquire Chevron’s 31% operated stake in Block 14 and 15.5% non-operated stake …
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TotalEnergies begins production at Lapa South-West project
TotalEnergies has announced the start of production at the Lapa South-West project in the Santos Basin, situated nearly 300km offshore …
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IEA nations to release 400mbbl of oil amid Middle East crisis
The International Energy Agency (IEA) has announced that its 32 member countries, including the US, will release a collective total …
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MidOcean Energy to increase stake in Gorgon LNG project
EIG-backed MidOcean Energy has signed definitive agreements with JERA to acquire an additional 0.417% interest in the Gorgon LNG project …
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SLB OneSubsea wins PTTEP Sabah Oil EPC contract in Malaysia
SLB OneSubsea has secured an engineering, procurement and construction (EPC) contract for a deep-water project offshore Malaysia from PTTEP Sabah …
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Frontera to sell Colombian operations to Parex in $750m deal
Frontera Energy has signed a definitive agreement with Parex Resources for the sale of its Colombian exploration and production (E&P) …
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Equinor makes two new hydrocarbon finds in Norwegian North Sea
Equinor has made two new commercial hydrocarbon discoveries in the Norwegian North Sea, with oil found near the Troll area …
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US Iran war: Will helium shortages risk major disruption to quantum computing companies?
Supply chains for frontier technologies are complex. Energy, materials and infrastructure are becoming increasingly subject to geopolitical turbulence, as well …
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America First Refining to build new oil refinery in Brownsville, Texas
America First Refining has announced the development of the first new oil refinery in the US in half a century, …
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IEA proposes oil reserve release amid Middle East tensions
The International Energy Agency (IEA) has put forward a proposal for its largest-ever release of oil reserves to tackle increasing …
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Aramco Q4 2025 net income falls 20.5% to $17.76bn
Aramco has reported net income of $17.76bn for the fourth quarter of 2025 (Q4 2025), a 20.5% decline from $22.34bn …
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New episode: Sustainable reporting in mining
How do you measure sustainability in mining? The question sits at the centre of the Global Reporting Initiative’s (GRI) first …
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FPCC invokes force majeure on shipments amid Hormuz disruptions
Taiwan’s Formosa Petrochemical (FPCC) has announced the implementation of force majeure on select petrochemical shipments amid ongoing delays in feedstock …
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GeoPark declines to increase offer for Frontera’s Colombian assets
GeoPark, an energy company operating in Latin America, has announced it will not increase its offer for Frontera Energy’s Colombian …
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Oil prices fall after Trump forecasts end to Middle East conflict
Oil prices experienced a significant decline on Tuesday following US President Donald Trump’s forecast of an imminent resolution to the …
