Author: admin@erthaenergy

The Indian government has sanctioned Rs300bn ($3.4bn) to three state-run oil marketing companies (OMCs).

ExxonMobil Guyana has commenced production at its fourth development in the offshore Stabroek block, named Yellowtail.

Well-Safe Solutions has secured a contract from EnQuest, marking a notable development in the North Sea well decommissioning sector.

SLB and AIQ are collaborating to advance AIQ’s ENERGYai agentic AI solution in ADNOC’s subsurface operations.  

Mexico’s state energy company, Pemex, has announced a strategic shift towards hydraulic fracturing to exploit unconventional hydrocarbon deposits.

Cheniere Energy and JERA have finalised a long-term SPA to purchase approximately 1mtpa of LNG from Cheniere Marketing.

Brazilian state oil firm Petrobras has reported a second-quarter net profit of 26.7bn reais ($4.7bn).

Stone Ridge Holdings Group, through its energy platform Stone Ridge Energy, has finalised a deal to acquire a substantial portfolio of energy assets in Oklahoma from ConocoPhillips for approximately $1.3bn.

NewMed Energy, alongside partners in the Leviathan project, has signed an agreement for the sale of natural gas from the Leviathan reservoir to Egypt.