Category: News

Po Valley Operations has secured a new gas sales agreement (GSA) with Hera Trading, set to commence on 1 October 2025.

Kent has entered into a binding agreement to acquire Exceed Holdings, signalling an expansion into the global decommissioning market.

Orlen has reported a surge in second-quarter profits, with LIFO-based EBITDA nearly doubling year-on-year to 9.2bn zlotys ($2.5bn).

Sinopec has reported a first-half profit slump, as declining oil prices and weaker margins impacted the financial performance.

ConocoPhillips has signed a 20-year sales and purchase agreement (SPA) on a free-on-board basis with Sempra Infrastructure.

Strohm has secured a contract for the delivery of four large bore TCP jumpers for a deepwater field offshore Malaysia.

Nabors Industries has signed a definitive agreement to sell its Quail Tools subsidiary to Superior Energy Services for $600m.

Oil exploration company Aker BP has completed the Omega Alfa exploration campaign in the Norwegian North Sea, leading to a discovery of oil.

Helix Energy has secured a multi-year contract to deliver production enhancement and well abandonment services in the Gulf of Mexico.

India-based refiners Indian Oil and Bharat Petroleum have resumed their purchases of Russian oil for delivery in September and October.