Author: admin@erthaenergy

Pemex, Mexico’s state energy company, is taking steps to reopen old wells to increase oil production, which has been in decline.

Citigroup is set to face a revived lawsuit alleging its role in a fraud at the now-bankrupt Mexican oil and gas services company Oceanografia, which led to over $1bn in losses.

BKV, in partnership with CIP, has established a carbon capture JV investment, aimed at advancing CCUS projects across the US.

Romania’s OMV Petrom has signed a pivotal gas supply agreement with Moldova, ensuring a quarter of the latter’s annual gas requirements

The European Union’s (EU) intention to legally phase out the import of Russian gas and energy by the end of 2027 has been met with strong opposition from Slovakia and Hungary

ExxonMobil has committed a significant $1.5bn investment in Nigeria’s deep-water oilfields, demonstrating a strong commitment to the country’s oil and gas sector.

MSA Safety, a developer, manufacturer, and supplier of safety products, has completed the acquisition of M&C TechGroup, a manufacturer of gas analysis solutions and technologies.

APA has agreed to sell its New Mexico Permian assets to Permian Resources Corporation for $608m, subject to customary closing adjustments.

Harbour Energy, the largest oil and gas producer in the British North Sea, has reportedly announced plans to cut its UK workforce by a quarter, equating to around 250 jobs, citing government policies.