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

TotalEnergies and Partners Start Up Quiluma Field, Angola

April 2, 2026

TotalEnergies and its partners have started production from the Quiluma field in Angola. The Quiluma field in Angola is owned by a consortium known as the New Gas Consortium, which includes Azule Energy (37.4 percent, operator), Cabinda Gulf Oil Company

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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

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Shell, Equinor Complete Formation of JV Company Adura, UK’s Largest Independent North Sea Producer

March 26, 2026

Shell and Equinor have completed a deal to combine their UK offshore oil and gas operations to form a new company. Adura, which launched today, will be the largest independent producer in the UK North Sea. Neil McCulloch, who will

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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

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Tidewater to Acquire Wilson’s Brazil Fleet for $500 Million

March 24, 2026

Tidewater has entered into a definitive agreement to acquire all of the outstanding shares of Wilson Sons Ultratug Participações (WSUT) and its affiliate Atlantic Offshore Services at an enterprise value of approximately $500 million, including the assumption of WSUT’s existing

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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

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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

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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.

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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

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Shell Starts Up Victory Gas Field, Delivering North Sea Gas to the UK

March 16, 2026

Shell UK has started production from the Victory gas field in the UK North Sea, approximately 47 km north-west of the Shetland Islands (Shell 100 percent owner and operator). The field will help to maintain domestically produced gas for Britain’s

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