Prospex Energy secures San onshore licence in Poland
Prospex Energy, an AIM-quoted company investing in European gas and power projects, has received formal notification that its wholly owned …
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Halliburton buys Sekal from Sumitomo to bolster drilling automation
Halliburton has acquired Norwegian technology provider Sekal from Sumitomo in a move to enhance its drilling automation offerings. The financial terms …
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Oil prices surge 7% as US maintains pressure on Iran
Oil prices surged around 7% after US President Donald Trump stated that the US would continue its attacks on Iran …
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Eni signs $579m EIB loan for Sannazzaro biorefinery in Italy
Eni has signed a €500m ($579.4m) loan agreement for 15 years with the European Investment Bank (EIB) to convert part …
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Subsea7 wins contract for Aseng gas monetisation project
Subsea7 has won a contract from Noble Energy EG, a subsidiary of Chevron, for subsea installation work on the Aseng …
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Afreximbank leads $2.5bn syndicated loan for Dangote refinery
Afreximbank has underwritten $2.5bn in a $4bn syndicated term loan in support of Dangote Petroleum Refinery and Petrochemicals FZE’s (DPRP) …
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BW Energy seals $80m sale and leaseback for Jasmine Alpha rig
BW Energy has entered into an $80m sale and leaseback deal with Minsheng Financial Leasing (MSFL) for the Jasmine Alpha …
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Oil drops over 3% as Middle East tensions show signs of easing
Oil prices decreased by over 3% on Wednesday, reversing earlier increases due to ongoing volatility in the Middle East, despite …
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NFE commercialises Santa Catarina LNG import terminal in Brazil
New Fortress Energy (NFE) has signed a long-term lease and capacity agreement for its Terminal de Gás Sul (TGS) LNG …
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US grants ESA exemption for Gulf oil and gas activities
The Endangered Species Committee in US President Donald Trump's administration has granted an exemption for oil and gas activities in …
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New episode: What’s next for Australia’s iron ore sector?
Australia’s iron ore sector remains the backbone of global steel supply, but the conditions that underpinned its rise are beginning …
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Equinor awards Reach Subsea two contracts for RR1 on NCS
Reach Subsea has secured two new contracts from Equinor with both projects to be carried out using the uncrewed surface …
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QatarEnergy and ExxonMobil’s Golden Pass LNG project begins production
Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has produced the first liquefied natural gas (LNG) from its …
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Oil seesaws as traders weigh Trump’s Iran stance, Hormuz disruption
Oil prices seesawed on Tuesday as market participants evaluated the likelihood of US President Donald Trump potentially ending military actions …
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TotalEnergies, NEO NEXT complete merger of UK oil and gas assets
TotalEnergies and NEO NEXT Energy have completed the previously announced merger of their UK North Sea upstream oil and gas …
