Angola’s National Oil, Gas and Biofuels Agency (ANPG) and Sonangol Exploração & Produção (Sonangol EP) have successfully completed the drilling and testing of the Katambi-2 appraisal well in Block 24, confirming a commercially viable gas discovery, the ANPG announced on Thursday.
Ecopetrol has completed an auction to acquire approximately 25% of Brava Energia under a voluntary tender offer to take control of the Brazilian energy producer, Ecopetrol announced on Wednesday.
ConocoPhillips has completed the sale of USD 1.7 billion of non-core Lower 48 assets in the US and reached its USD 5-billion asset disposition target ahead of schedule, Reuters reported on Thursday.
ExxonMobil Holdings Corp. has told Kazakhstan that a potential $80 billion joint investment to expand the Kashagan oil field is contingent on resolving a long-running $150 billion dispute between the government and international companies, according to people familiar with the matter.
Decades of investment in U.S. oil and natural gas production, refining and infrastructure have positioned the United States to play a stabilizing role during recent global energy market disruptions, according to a new analysis released by the American Petroleum Institute (API).
SLB and Equinor have signed a multi-year agreement for advanced reservoir stimulation services on the Norwegian Continental Shelf (NCS), including a major upgrade of the MV Island Captain (pictured above) to support development of tight offshore reservoirs.
bp has agreed to acquire Woodside Energy’s 70% interest in the Calypso gas project offshore Trinidad and Tobago, giving the company full ownership and operatorship of the early-stage deepwater natural gas development.
Russia last month imported some 30,000 metric tons of fuels from South Korea to tackle supply constraints caused by continued Ukrainian drone attacks on refineries.
State-owned China National Offshore Oil Corporation (CNOOC) on Thursday announced the start of operations of the world’s first 16-megawatt tension-leg platform (TLP) floating wind power platform, which began supplying power to an offshore oilfield.
The Yemeni Houthis have struck Saudi Arabia’s southern province of Najran in the latest flare-up of Middle Eastern hostilities, killing 11 civilians, Reuters has reported, citing a spokesman for the military coalition led by Saudi Arabia that fights the Houthis in Yemen.