Volatility in the global oil market has caused oil prices in the US to fluctuate drastically over the fifth and sixth of August.
Savannah Energy has terminated its planned $1.25bn purchase of Petronas’ oil and gas business in South Sudan.
Petronas is considering enhanced exploration endeavours in selected focus regions.
Equinor, alongside Exxon Mobil, has transferred its ownership in a deepwater exploration block off the coast of Suriname to Hess.
CNOOC has received official approval for a proved gas in-place volume exceeding 100 billion m3 at the Lingshui 36-1 field.
DeepC Store and Azuli have been awarded two GHG acreages in the Bonaparte and Browse Basins off the coast of Australia.
Saudi Aramco has acquired a further 22.5% stake in Petro Rabigh as it looks to turn the struggling companies fortunes around.
Vaalco is developing oil drilling campaigns in Equatorial Guinea, Côte d’Ivoire and Gabon, showcasing its appetite for African offshore assets.
TotalEnergies has reached an agreement to divest its 50% share in Total PARCO Pakistan Limited (TPPL) to Gunvor Group for an undisclosed sum.
Reuters has reported that oil and gas production in the US has stalled due to low prices. Companies have begun focusing on efficiency.
We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
© 2025 Ertha Energy 202201027126 ( 1472823-P). All Rights Reserved. Powered by Shinjiru Technology.
We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
