NEWS — Click on text to read news by category: General | Product | People | Worldwide
Panoro Energy to Acquire Kosmos Energy’s Equatorial Guinea Production Assets for $219.5 Million
April 24, 2026
Kosmos Energy has entered into an agreement to sell its 40.375 percent non-operating working interest in the Ceiba Field and Okume Complex production assets offshore Equatorial Guinea to Panoro Energy for $180 million, plus future contingent payments of up to
ExxonMobil, Halliburton Achieve World’s First Fully Closed-Loop Automated Well Placement
April 24, 2026
Halliburton, in collaboration with ExxonMobil, Sekal, Noble, and the Wells Alliance Guyana team, delivered a groundbreaking step forward in digital well construction to achieve the industry’s first fully automated geological well placement with complete rig automation in offshore Guyana. The
Chevron Consolidates Venezuela Heavy Oil Position in Asset Swap
April 14, 2026
Chevron has, through its subsidiaries with interests in Venezuela, agreed to an asset swap with Petroleos de Venezuela (PDVSA) and subsidiaries of PDVSA in a mutually beneficial agreement which will consolidate all parties’ focus on strategic assets in the country.
Citadel to Acquire Leading German Power Trader FlexPower
April 10, 2026
Citadel has entered into a definitive agreement to acquire 100 percent of Hamburg-based power trading firm FlexPower. The proposed acquisition is a strategic investment by Citadel and will introduce a new era of growth for FlexPower. The combination of Citadel’s
Eco Atlantic Oil & Gas Partners with Navitas Offshore Guyana, South Africa
March 31, 2026
Eco Oil & Gas Ltd. has entered into a binding framework agreement — the Orinduik option and the Block 1 CBK option — with Navitas Petroleum is an international oil and gas exploration and production partnership with a portfolio of
Tamboran Reaches FID on Its Shenandoah South Pilot Project, Australia
March 25, 2026
The Beetaloo joint venture (BJV) has made a final investment decision (FID) for the Shenandoah South Pilot Project, which is currently on track to commence first gas sales from mid-2026. The decision by the BJV to take FID follows the
Oil and Gas Prices Surge as Iran Escalates Strikes on Gulf Refineries
March 20, 2026
Iranian attacks on significant energy infrastructure and refineries in several Gulf countries pushed oil and gas prices higher in volatile trading on Thursday. Brent crude oil prices, a benchmark for global trading, climbed about 2 percent, hitting nearly $110 a
Trump Orders Netanyahu to Stop Attacking Iran’s Gas and Oil Fields
March 20, 2026
President Trump said Thursday he personally urged Israeli Prime Minister Benjamin Netanyahu to stop targeting Iran’s energy infrastructure — as the price of Brent crude oil briefly swelled to $119 a barrel. “I told him, ‘Don’t do that.’ And he
GeoPark to Acquire Two Blocks from Pluspetrol’s Vaca Muerta with $115 Million Acquisition, Argentina
March 20, 2026
GeoPark has entered into an agreement with Pluspetrol S.A. to acquire a 100 percent operated working interest in the Loma Jarillosa Este and Puesto Silva Oeste blocks that target black oil in the Vaca Muerta formation in Neuquen Province, Argentina.
Glenfarne, TotalEnergies Sign Alaska LNG Offtake Agreement
March 18, 2026
Glenfarne Group, majority owner and developer of the Alaska LNG project, and TotalEnergies have signed a letter of intent (LOI) for the offtake of two million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Alaska LNG. The agreement
