Industry News
TotalEnergies to sell 40% stake in Nigerian offshore licences to Chevron company Â
TotalEnergies EP Nigeria has signed a farmout agreement with Chevron’s Star Deep Water Petroleum to sell a 40% stake in the offshore licences.
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Industry News
Iraq’s Khor Mor gas field restarts operations after drone attackÂ
Khor Mor gas field has resumed operations, transporting gas to regional power stations after a temporary shutdown caused by a drone attack
Analyst Comment
Oil and gas contracts value reports decrease in Q3 2025
Global oil and gas contracts reported a quarter-on-quarter decrease in total disclosed value, with $36.48bn in Q3 2025 as compared to $41.22bn in Q2 2025.
Industry News
Ecopetrol to invest up to $7.2bn next yearÂ
Ecopetrol has unveiled its annual investment plan for 2026, with an amount between 22tn pesos ($5.8bn) and 27tn pesos ($7.2bn).
Industry News
Aker Solutions secures field service contract from ConocoPhillips
Aker Solutions has signed a six-year frame agreement with ConocoPhillips Skandinavia for brownfield M&M services offshore Norway fields.
Industry News
Canada, Alberta sign deal to boost energy production
Canada and Alberta have agreed to encourage investment, boost production in the energy sector and support a new oil pipeline.
Industry News
Petrobras’ five-year investment plan reduced by 2% to $109bnÂ
Petrobras announced that its board of directors approved its investment plan for the next five years, Business Plan 2026-2030 (BP 2026-30).
Analyst Comment
Companies making small progress towards interim emission goals, says GlobalData poll
Globally, most industrial players have pledged to achieve net-zero emission goals by a certain deadline, more commonly by 2050.
Industry News
Eni, Azule Energy commission gas treatment plant in Soyo, AngolaÂ
Eni, through its joint venture company Azule Energy, inaugurated the New Gas Consortium (NGC) gas treatment plant in Soyo, northern Angola.
Industry News
Buccaneer Energy acquires additional acreage in Pine Mills field, US
Australia-based Buccaneer Energy has acquired a 32.5% interest in leasehold acreage in the Fouke area of the Pine Mills field, Texas, US.