Category: News

The European Commission’s proposal to extend the EU’s current gas storage regulation until 2027 has met with resistance from member states

The efforts to recommence Iraqi oil exports to Türkiye have reached an impasse for the second time in a week.

Petro-Victory Energy and BlueOak Investments have signed an agreement to acquire Capixaba Energia, a fully integrated onshore Brazilian production company.

Prospera Energy has signed an agreement to acquire White Tundra Petroleum (WTP) with an aim to expanding its asset portfolio of low-decline base production and leveraging significant production upside.

Venture Global has unveiled plans for an expansion of its Plaquemines LNG facility, located south of New Orleans, Louisiana, US.

The government is committed to maintaining existing fields for their lifetime and does not intend to issue new oil and gas licences. Credit: Dong Nhat Huy/Shutterstock.

The European Commission has proposed to extend the current gas storage regulation until the end of 2027.

Colombia’s state-controlled oil firm Ecopetrol is considering to raise up to $2bn in debt this year for strategic investments.

CNOOC has announced a “major breakthrough” in the exploration of Paleozoic buried hills within the Beibu Gulf Basin.

Equinor and its partners, Okea and Pandion Energy, have announced the discovery of gas and condensate in the Mistral Sør exploration well in the Halten area of the southern Norwegian Sea.