Author: admin@erthaenergy

BP will sign a deal with the Government of Iraq to redevelop four oil and gas fields in the Kirkuk region in northern Iraq.

Civitas Resources is exploring the sale of part or all of its assets in the DJ Basin in Colorado, with valuations potentially exceeding $4bn.

Yinson Production Offshore Holdings has entered a definitive agreement with a consortium of international investment firms.

OMV has announced an anticipated positive impact of approximately €210m ($215.4m) on its fourth quarter (Q4) earnings.

BP indicated that its Q4 results will be adversely affected by several factors, such as reduced oil and gas production and refining margins.

GeoPark has called off its planned $530m acquisition of Repsol’s upstream oil and gas production assets in Colombia.

Kinder Morgan has entered an agreement with Outrigger Energy II to acquire a natural gas gathering and processing system in North Dakota.

Eni has launched two new subordinated hybrid perpetual bonds with a combined nominal value of €1.5bn ($1.8bn).

The Norwegian government has awarded stakes in 53 offshore oil and gas exploration licences to 20 companies in the APA 2024 licensing round.

The UK is facing a critical situation as gas reserves dip to “concerningly low” levels amidst a rise in demand from gas-fired power stations.