President Javier Milei’s marquee program for luring investment into Argentina is poised to attract a new round of applications from crude producers after his administration broadened it to include shale oil wells. YPF SA, Vista Energy SAB, and Pampa Energia SA said on recent earnings calls that they were all eyeing the program. Known by […]
Chief Executive of the Ghana Chamber of Oil Marketing Companies, Dr. Riverson Oppong, has assured that Ghana is unlikely to face an immediate fuel shortage despite rising tensions in the Middle East. Speaking in an interview on Joy FM’s Top Story, Dr. Oppong explained that Ghana sources most of its fuel from Western markets, not the […]
Ghana’s Minister for Energy and Green Transition, Hon. Dr. John Abdulai Jinapor (MP), on Tuesday convened a high-level meeting with key stakeholders across the country’s petroleum upstream and downstream sectors to assess the potential impact of the ongoing crisis in the Middle East on the nation’s fuel security. The engagement brought together representatives from the […]
Arrow Exploration has brought two new appraisal wells onstream in Colombia’s Llanos Basin, the company announced on Monday. The Mateguafa 9HZ (M-9HZ) well reached a total measured depth of 4,580 metres on February 7, 2026, encountering hydrocarbon-bearing intervals in the Gacheta, Carbonera C7 and Carbonera C9 formations. Arrow put the well in production on February […]
Equinor ASA said Monday it had made an oil discovery near the Snorre field, on Norway’s side of the North Sea, that could be rapidly developed as a tieback to existing infrastructure in the area. The Norwegian majority state-owned energy major put the preliminary estimate for Omega South Alpha, or well 34/4-19 S, at 25-89 […]
Qatar shut down liquefied natural gas production at the world’s largest export facility after it was targeted in an Iranian drone attack, sending European gas prices surging more than 50% and rattling global energy markets. QatarEnergy’s Ras Laffan plant covers about a fifth of global LNG supply and the unprecedented halt now threatens energy security […]
Qatar shut down liquefied natural gas production at the world’s largest export facility after it was targeted in an Iranian drone attack, sending European gas prices surging more than 50% and rattling global energy markets. QatarEnergy’s Ras Laffan plant covers about a fifth of global LNG supply and the unprecedented halt now threatens energy security worldwide. […]
Aramco halted operations at Saudi Arabia’s largest oil refinery at Ras Tanura on the Persian Gulf coast after a drone strike in the area. Gasoil futures jumped on news of the closure of the refinery that’s a key supplier of diesel, as Iran intensified attacks that damaged critical energy infrastructure in the region. Aramco shut […]
INPEX Corporation has signed a share purchase agreement to acquire the remaining 49% stake in INPEX South West Caspian Sea Petroleum Co., Ltd. (ISWCS), making it a wholly owned subsidiary. The shares are being acquired from Japan’s Ministry of Economy, Trade and Industry (METI) through an open bid process. Financial terms were not disclosed. Through ISWCS, […]
OceanPact and CBO have announced plans to combine their businesses in a transaction that will create one of Brazil’s largest integrated offshore support and marine services platforms. The merger will be implemented through the incorporation of CBO’s holding company into OceanPact, subject to approval by Brazil’s antitrust authority (CADE), shareholder approvals and customary closing conditions. Upon completion, the […]