Category: Industry News

Prospex Energy has submitted a complete environmental impact assessment (EIA) for five new natural gas wells at the El Romeral concessions.

Ukraine’s Naftogaz has signed a Letter of Intent (LoI) with Greek natural gas company DEPA to import liquefied natural gas (LNG) from Greece.

ConocoPhillips and partners have identified gas-bearing zones at the Essington-1 exploration well, located in the Otway Basin, Australia.

TotalEnergies has announced a $100m commitment at the United Nations Climate Change Conference (COP30) in Belém, Brazil.

Oil and Gas Development Company (OGDCL) has started Pasakhi-14 oil production in Pakistan’s Hyderabad district, Sindh, marking a step forward in the company’s strategy to optimise exploration and support national energy security.

A Norwegian appeals court has upheld a lower court’s ruling that invalidated three offshore oilfield development permits given by the government due to insufficient environmental assessment.

The US Department of the Interior has announced a final rule overturning restrictions set by the Joe Biden administration that limited oil and gas drilling activities across a significant portion of Alaska’s National Petroleum Reserve.

Oil prices have reportedly jumped by around 2% after a Ukrainian attack on Russia’s Novorossiysk port disrupted oil shipments, triggering supply concerns.

Spanish energy firm Repsol is exploring the possibility of a reverse merger involving its upstream division, reported Bloomberg.

Vår Energi has confirmed the presence of oil in the Zagato North appraisal well, located to the north of the Goliat field in the Barents Sea.