Latest Headlines

  1. Höegh Evi And Aker BP Receive DNV Approval In Principle For Next-Generation CO2 Carrier 6/6/2025

    Höegh Evi and Aker BP have been awarded an Approval in Principle (AiP) from DNV for a next-generation liquefied CO₂ (LCO₂) carrier.

  2. Energy NL Conference & Exhibition 2025 – Conference Concludes With Discussion On Industry Potential And Indigenous Participation 6/5/2025

    A successful Energy NL Conference & Exhibition 2025 concluded today after an informative and engaging discussion on the potential of the industry, Indigenous participation in resource projects, trade and market diversification, regulations, and an update on the Bay du Nord Project.

  3. PTAS Aker Solutions Secures Extension Of Brownfield Services Contract In Brunei 6/4/2025

    PTAS Aker Solutions has secured a significant[1] two-year contract extension to provide offshore maintenance and modification services to Brunei Shell Petroleum (BSP).

  4. Brazil: TotalEnergies Increases Its Interest In Lapa 6/4/2025

    TotalEnergies announces the signature of an agreement with Shell Brasil Petróleo Ltda to exchange its 20% non-operated interest in the Gato do Mato project for an additional 3% interest in Lapa, a producing offshore oil field.

  5. The Government Of Ghana, Tullow Oil, Kosmos Energy, PetroSA, GNPC And Explorco Sign Memorandum Of Understanding To Extend Ghana Production Licenses To 2040 6/4/2025

    The Government of Ghana, Tullow Oil plc (Tullow), Kosmos Energy, PetroSA, Ghana National Petroleum Company (GNPC) and Explorco are pleased to announce that they have entered into a Memorandum of Understanding (MOU) to extend the West Cape Three Points (WCTP) and Deep Water Tano (DWT) licenses to 2040, which cover the Jubilee and TEN fields in Ghana.

  6. API Statement On Senate Committee On Environment And Public Works Reconciliation Proposal 6/4/2025

    American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement after the Senate Committee on Environment and Public Works released its proposed markup of the 2025 reconciliation bill.

  7. New Onshore Targeting Service Launched To Accelerate Exploration Whilst Reducing Risk And Cost 6/3/2025

    Getech Group plc, a leading locator of subsurface energy and mineral resources, and STRYDE, the onshore nodal seismic imaging experts, have jointly announced the launch of a new high impact targeting and exploration service designed to help energy and natural resource companies explore faster and more effectively, while reducing exploration risk and cost.

  8. bp Deepens And Progresses In Azerbaijan With Go-Ahead For New Major Project And Exploration Access 6/3/2025

    bp, together with its partners, has entered into a series of agreements that will build and expand on its major oil and gas interests in Azerbaijan, paving the way for growth and additional production while deepening its partnership with the country and state oil company, SOCAR.

  9. Venture Global Launches Site Work At CP2 LNG Following Federal Approval 6/3/2025

    Venture Global, Inc. ($VG) announced today that it has initiated full mobilization and started site work at the company’s third LNG export facility, CP2 LNG.

  10. Viper Energy, Inc., A Subsidiary Of Diamondback Energy, Inc., To Acquire Sitio Royalties Corp. In All-Equity Transaction; Increases Base Dividend 6/3/2025

    Viper Energy, Inc. (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), and Sitio Royalties Corp. (NYSE:STR) (“Sitio”) today announced that they have entered into a definitive agreement under which Viper will acquire Sitio in an all-equity transaction valued at approximately $4.1 billion, including Sitio’s net debt of approximately $1.1 billion as of March 31, 2025.