General – Agreement to Consolidate
Repsol announced a landmark agreement to consolidate its UK North Sea upstream business with NEO Energy Group through a share-for-share combination.
[Read more…] about Strategic consolidation of Repsol with NEO
BP to sell gas pipeline stake to Apollo
General – Partnership
BP today said it is partnering with Apollo Global Management on the Tanap pipeline, which carries natural gas from Azerbaijan across Turkey.
[Read more…] about BP to sell gas pipeline stake to ApolloEni increases gas volumes for power generation in Côte d’Ivoire
Fossil Energy – Increase in Supply
Eni and Petroci have announced a significant increase in gas supply for Côte d’Ivoire’s power generation system.
[Read more…] about Eni increases gas volumes for power generation in Côte d’IvoireBP eyes new oil prospects in Azeri Caspian Sea
Fossil Energy – Exploration
BP plans to explore for new oil fields in the Azeri Caspian Sea, BP’s upstream chief Gordon Birrell told Reuters.
[Read more…] about BP eyes new oil prospects in Azeri Caspian SeaMore oil close to Goliat field in Barents Sea
Fossil Energy – Goliat Field
Vår Energi has proven more oil close to the Goliat field in the Barents Sea.
[Read more…] about More oil close to Goliat field in Barents SeaOil discovery in the Barents Sea
Fossil Energy – Discovery
Vår Energi has discovered oil in the Zagato prospect, directly north of the Goliat field.
[Read more…] about Oil discovery in the Barents SeaGuyana to soon sign oil agreement with TotalEnergies-led group
Fossil Energy – Guyana
Guyana expects to soon sign an oil production-sharing agreement with a consortium led by France’s TotalEnergies that will allow it to explore an offshore area, Energy Minister Vickram Bharrat told Reuters.
[Read more…] about Guyana to soon sign oil agreement with TotalEnergies-led groupShell to drill in Campos ultra-deep waters
Fossil Energy – Drilling
Shell returns to the ultra-deep waters of the Campos Basin to drill another wildcat.
[Read more…] about Shell to drill in Campos ultra-deep watersBP to ditch renewables goals and return focus to fossil fuels
Fossil Energy – bp
BP’s chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor concerns over earnings, two sources told Reuters.
[Read more…] about BP to ditch renewables goals and return focus to fossil fuelsMinor increase in oil and gas resources on NCS
Fossil Energy – Norway
Total petroleum resources on the Norwegian continental shelf (NCS) saw a minor increase last year, according to last year’s inventory – the Resource Accounts for 2024.
[Read more…] about Minor increase in oil and gas resources on NCS