Oil and Gas, Renewables Both Essential for Energy Transition, Say Offshore Leaders in UK Treasury Meeting

A Fiscal Forum was co-hosted by Exchequer Secretary to the Treasury, James Murray MP, and senior…

Equatorial Guinea and Trafigura in Talks for $2 Billion Financing for Oil and Gas Sector Development

Equatorial Guinea has recently engaged in discussions with Trafigura Group, exploring the possibility of securing a…

Crescent Energy & SilverBow Merger Creates Second-Largest Eagle Ford Player

Crescent Energy Company has successfully completed its acquisition of SilverBow Resources, Inc. This significant transaction, valued…

PETRONAS Accelerates Offshore Malaysia Development with Strategic PSC Awards

PETRONAS, the Malaysian national oil and gas company, is accelerating the development of 12 offshore fields…

Upstream M&A Surpasses $30 Billion in Q2 2024, Driven by Megadeals

Enverus Intelligence Research (EIR), a subsidiary of Enverus, has published its analysis of upstream merger and…

Vital Energy and Northern Oil and Gas (NOG) Expand Delaware Basin Footprint with $1.1 Billion Point Energy Acquisition

Vital Energy and Northern Oil and Gas have entered into a definitive agreement to acquire Point…

Zephyr Energy Sees Promising Results from Paradox Basin Well Test in Utah

Zephyr Energy plc has revealed the initial findings from its State 36-2R well located in the…

Galp Energia Q2 Profit Up Despite Production Decline | Strategic Shift

Portuguese oil and gas company Galp Energia announced on Monday a 16% increase in its second-quarter…

TechnipFMC Lands Significant Subsea Deal for Offshore Israel Project

TechnipFMC has been awarded a substantial integrated engineering, procurement, construction, and installation (iEPCI) contract by London-based…

TotalEnergies Divests Oil Interests in Nigeria’s SPDC Joint Venture

SPDC, a joint venture involving Shell, Eni, the Nigerian National Petroleum Corporation (NNPC Ltd), and TotalEnergies,…

Etu Energias Invests $443 Million in Galp’s Angolan Assets

A few weeks ago, the Angolan company Etu Energias (formerly Somoil) made a significant move into…

Azerbaijan to Initiate Climate Fund with $500 Million in Oil Revenue

Oil-rich Azerbaijan has taken a preliminary step toward climate finance in anticipation of the UN COP29…