
Petrobras and Ecopetrol announce Colombia’s largest gas discovery
Petrobras, through its Colombian branch PIB-COL, and Ecopetrol have announced a significant gas discovery in Colombia.

Petrobras, through its Colombian branch PIB-COL, and Ecopetrol have announced a significant gas discovery in Colombia.

CNX Resources has entered into an agreement to acquire Apex Energy II’s upstream natural gas and midstream business, managed by Carnelian Energy Capital.

Matador Resources has agreed to sell its wholly owned subsidiary, Pronto Midstream, to San Mateo Midstream, for a transaction valued at around $600m.

Wood has secured three major agreements with BP to provide engineering and project delivery services for its global capital projects.

Chevron has outlined its capital expenditure (capex) budget for 2025, indicating a $2bn year-over-year reduction.

Equinor and Shell have unveiled plans to form a joint venture (JV) that will combine their UK offshore oil and gas assets.

PETRONAS, through its upstream arm Malaysia Petroleum Management (MPM), has awarded Production Sharing Contracts (PSCs) for four new ventures as part of the Malaysia Bid Round (MBR) 2024.

Producers Midstream II, a Tailwater Capital portfolio company, has secured a $400m expanded credit facility.

Russia and Pakistan are reportedly exploring potential cooperation in offshore oil and gas exploration and refining.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.