Author: admin@erthaenergy

The Kuwait Foreign Petroleum Exploration Company (KUFPEC) has been granted approval to proceed with the development of the Anambas block in Indonesia’s Natuna Sea

Italian energy giant, Eni has entered an exclusivity agreement with Ares Alternative Credit Management for the potential sale of a 20% stake in its energy subsidiary, Plenitude.

Aramco has announced the signing of 34 MoUs and agreements with major US companies, potentially totalling around $90bn in value.

Valeura Energy has announced the final investment decision (FID) on the redevelopment of the Wassana field, which is anticipated to substantially enhance shareholder value.

Chariot Limited, the Africa-focused transitional energy group, has regained operatorship and a 75% working interest in the Lixus Offshore and Rissana Offshore licences in Morocco.

Discover China Petroleum & Chemical Corporation’s breakthrough in shale gas exploration, enhancing production efficiency and reserves. Read more for insights.

ADNOC’s international investment arm, XRG, has acquired a 38% stake in an offshore natural gas block in Turkmenistan, marking a significant step in the company’s global expansion strategy

Europe may need to maintain competitive pricing to secure the additional 30 billion cubic metres (bcm) of liquefied natural gas (LNG) required to replenish its gas storage levels.

New Fortress Energy has completed the sale of its Jamaican assets and operations to Excelerate Energy for $1.055bn.

Strathcona Resources has entered into definitive agreements for the sale of its assets located in Montney, Canada, for approximately C$2.84bn ($2bn).