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Pecan Announces New Group CEO

Pecan Energies is happy to announce that its Senior Vice President, Subsurface and Drilling & Wells, Ifor Roberts, is assuming a new role as the company’s Acting Group Chief Executive Officer.

Kosmos Energy Announces Sale of Equatorial Guinea Production Assets to Panoro Energy for up to $219.5 Million

Kosmos Energy (NYSE/LSE: KOS) (“Kosmos” or the “Company”) has entered into an agreement to sell its 40.375% non-operating working interest in the Ceiba Field and Okume Complex production assets offshore Equatorial Guinea to Panoro Energy (“Panoro”) for $180 million, plus future contingent payments of up to $39.5 million.

Tullow Receipt of Tranche B payment for sale of Kenya assets

Tullow Oil plc (Tullow) is pleased to announce it has received $36 million proceeds of the Tranche B payment, under the terms of the Sale and Purchase Agreement (SPA) announced on 21 July 2025 for the sale of its entire working interest in Kenya to Auron Energy E&P Limited, an affiliate of Gulf Energy Limited.

Philippines Takes Delivery of Russian Oil after US Waiver

Philippine refiner Petron Corp. has received a shipment of Russian oil, according to its chief executive officer, after the US issued a waiver allowing the purchase of the crude. Petron CEO Ramon Ang confirmed the receipt of the oil from the OPEC+ member, but didn’t provide further details. The US earlier this month issued a sanctions […]