Author: admin@erthaenergy

The US government is set to auction oil and gas drilling rights in the Gulf of Mexico next month, and in Alaska’s Cook Inlet in 2026.

Japan is set to start purchasing liquefied natural gas (LNG) for its emergency reserves every month from January 2026, reported Reuters.

Aker BP and its partners’ exploration well 30/11-16 S has yielded no commercial petroleum discovery in the Yggdrasil area of the North Sea.

Gunvor has withdrawn its bid to acquire international assets from Russian energy company Lukoil after the US Treasury criticised the deal.

MOL Group said it can source most of its crude oil from non-Russian suppliers, signalling a change in its approach to energy procurement.

Equinor has signed agreements for insulation, scaffolding, and surface treatment (ISS) services at its Norwegian onshore plants.

ConocoPhillips has raised its dividend by 8% to $0.84 per share for the third quarter of 2025 (Q3 2025), amid higher project costs.

Baker Hughes has secured a new contract from Bechtel Energy to supply Train 5 equipment for Rio Grande LNG project in Texas, US.

US-based oil major ExxonMobil has signed a farm-in agreement with Energean and Helleniq Energy to acquire a 60% in Block 2 offshore Greece.

UK-based company Corcel has secured approval to begin seismic acquisition activities within the KON-16 Block onshore in Angola.