Author: admin@erthaenergy

Ovintiv has agreed to acquire NuVista Energy for up to $2.7bn (C$3.8bn), to strengthen its presence in Canada’s Montney basin.

ADNOC entered into a 15-year sales and purchase agreement (SPA) with Shell for the supply of LNG from the Ruwais LNG project in Abu Dhabi.

BP has reported a net profit of $1.16bn for Q3 2025, which increased from the same period last year, but a decrease from the previous quarter.

The company’s net income increased from the previous quarter’s $22.67bn, reflecting improved revenues and reduced operating costs.

Serica Energy has signed a farm-in agreement with Australia-based oil and gas explorer Finder Energy for 40% stake in the P2530 licence.

Beacon Offshore Energy has teamed up with Tampnet to provide digital connectivity for the Shenandoah development in the Gulf of America.

SM Energy Company and Civitas Resources have agreed to merge in an all-stock transaction valued at approximately $12.8bn, including net debt.

Eni and Petronas have formalised a binding agreement to create a joint venture (JV) to manage upstream assets in Indonesia and Malaysia.

ConocoPhillips, in collaboration with partner 3D Energi, has commenced drilling at the Essington-1 gas exploration well in the Otway Basin.