ExxonMobil is set to commence drilling a new well off Cyprus in January 2025 as part of its natural gas exploration efforts.
MCF Energy has announced significant progress in the production testing of the Welchau-1 well, located in the ADX-AT-II licence area in Upper Austria.
Pending arbitration claims against US-based liquefied natural gas exporter Venture Global LNG have reached nearly $6bn.
Sinochem Group is considering retaining three bankrupt oil refineries in eastern China after auctions to sell them attracted little interest.
PetroPeru’s chairman, Alejandro Narvaez, disclosed that the company is planning to offer a minority stake to private investors in the latter half of 2025.
Argentina’s state oil company, YPF, aims to secure $2bn in financing by the second quarter of 2025 for its Vaca Muerta Sur pipeline project
ExxonMobil Exploration & Production Suriname, an affiliate of ExxonMobil, has announced its withdrawal from Block 52 located offshore Suriname.
Equinor and partners have resumed production at the Johan Sverdrup oilfield in the Norway North Sea after a power outage.
Trinidad and Tobago has signed a production sharing agreement (PSA) with bp unit for exploring and producing natural gas in a shallow water block.
Santos has announced the completion of the Angore project located in the Hela Province of Papua New Guinea (PNG).
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