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NEWS — Click on text to read news by category: General | Product | People | Worldwide

Gunvor Group Changes Name to Centalion Group, Moves Headquarters to Singapore

November 6, 2026

The employee partnership that owns Gunvor Group has voted to change the name of the company to Centalion Group to reflect its evolution under a new ownership structure, leadership model, and strategic outlook for the future. The company also said

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ESENTIA to Acquire TC Energy’s Guadalajara-Manzanillo Pipeline for $400 Million, Mexico

November 4, 2026

TC Energy has entered into an agreement to sell Energía Occidente de México (EOM), the entity that owns the Guadalajara-Manzanillo Pipeline, to affiliates of ESENTIA Energy Development for a gross purchase price of $400 million. The 313-kilometre Guadalajara-Manzanillo Pipeline transports

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Mazarine Energy to Acquire Romania’s Largest Offshore Gas Producer, Black Sea Oil & Gas

November 3, 2026

Mazarine Energy has agreed to acquire Black Sea Oil & Gas (BSOG) from Carlyle and the European Bank for Reconstruction and Development (EBRD). The transaction is subject to customary regulatory approvals. “Romania has been a core part of Mazarine Energy’s

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TotalEnergies to Acquire Operated Interest in Two Major Offshore Gas Fields, Malaysia

November 2, 2026

TotalEnergies has signed agreements with PETRONAS, PTTEP, and KUFPEC to acquire a 30 percent operated interest in the Lang Lebah and B14 gas fields, located off the coast of Sarawak, Malaysia. “The development of Lang Lebah and B14 resources will

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Horizon Petroleum Commences Production Testing at Lachowice 7 Well, Poland

October 30, 2026

Horizon Petroleum has completed the acid stimulation treatment at the Lachowice 7 (L7) well in southern Poland and has commenced production testing operations. Following completion of the acid stimulation, a coiled tubing unit was installed on the well and nitrogen

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Pertamina, Halliburton Sign MOU to Accelerate Deployment of Advanced Well Construction

October 30, 2026

Pertamina (Persero), Indonesia’s state-owned integrated energy company, and Halliburton (NYSE: HAL) signed a memorandum of understanding (MOU) to accelerate the deployment of advanced well construction and stimulation technologies in Indonesia. Under this MOU, Pertamina and Halliburton intend to evaluate opportunities

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Formentera Partners and Daly Waters Energy Achieve First Natural Gas Sales from Beetaloo Basin

October 26, 2026

Formentera Partners, its Australian operating company, Daly Waters Energy (DWE), and joint-venture partner Tamboran Resources have achieved first sales of natural gas from the Shenandoah South Pilot Project in Australia’s Beetaloo Basin. These are the first natural gas molecules ever

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Woodside and PEMEX Sign MOU to Expand Strategic Partnership in Mexico

October 22, 2026

Woodside Energy has signed a non-binding memorandum of understanding (MOU) with Petróleos Mexicanos (PEMEX). The MOU will allow analysis of potential future opportunities for exploration and extraction of hydrocarbons in the deep waters of the Gulf of Mexico. It will

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ExxonMobil Assumes Operatorship of Papua LNG Project

October 20, 2026

ExxonMobil PNG Antelope Ltd. has formally assumed operatorship of the Papua LNG project, with the co-venturers targeting a final investment decision later this year. The transfer follows an agreement reached in September by project partners TotalEnergies, Santos, and ENEOS Xplora,

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EXIM Issues Up to $6 Billion Indicative Financing Term Sheet for Argentina LNG

October 19, 2026

The US Export-Import Bank (EXIM) has issued a non-binding indicative term sheet for up to $6 billion to support Argentina LNG, a proposed $51 billion integrated liquefied natural gas (LNG) project in the Vaca Muerta basin. The project is being

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