Fluxus acquires stake in Venezuela’s Petrororaima joint venture
Brazil’s billionaire Batista brothers have acquired a stake in an oil production project in Venezuela, the latest deal to emerge…
Asia
Petros begins first oil production in Sarawak with 800 barrels a day from Marudi well
Petros has started producing its first oil, pumping 800 barrels daily from an onshore well near Marudi, marking Sarawak’s first…
Middle East
Egypt Approves Oil and Gas Deals Including Perenco North Sinai Project
Egypt’s parliament approved four oil and gas exploration and development agreements on Wednesday, including a North Sinai project involving Franco-British…
Africa
Nigeria awards 37 oil blocks to 31 firms in historic frontier-basin bids
Nigeria handed out 37 oil and gas blocks to 31 companies on Tuesday, capping a licensing round that regulators say…
Europe
New UK energy secretary previously called for net zero target to be accelerated
Fahnbulleh was head of a think-tank when it pushed for a total end to new drilling in the North Sea…
Europe
Drilling starts for second geothermal heating plant in Potsdam, Germany
Drilling has started for the second geothermal heating plant in Potsdam, Germany, implemented by local utility EWP with technical advisory…
Australia
Omega Oil & Gas starts Taroom Trough campaign
Omega Oil & Gas began mobilising a rig for its Canyon-3 well in Queensland’s Taroom Trough. Following the release, Omega…
Middle East
$6.2bn gas investment reflects the UAE’s evolving energy model
Umm Shaif may not be a household name to many outside the energy sector, but this oil field about 150…
Europe
Vår Energi to acquire BlueNord in deal creating Europe’s largest independent oil & gas producer
Norwegian oil and gas player Vår Energi has sealed a business combination deal with BlueNord, breathing life into what is…
Europe
Norway oil and gas output exceeds June forecast
Norway’s combined oil and gas production exceeded an official forecast by three per cent in June, the Norwegian Offshore Directorate…
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