trends

GeoPark has announced the signing of Sales and Purchase Agreements (SPAs) with Repsol Exploración S.A. and Repsol E&P S.A.R.L to acquire Repsol upstream oil and gas assets in Colombia. The potential acquisition would […]

Ecopetrol S.A. Board of Directors have approved the 2025 investment budget of the Ecopetrol Group for an amount between 24 and 28 trillion pesos, with more than half the approved budget earmarked for crude and […]

(Bloomberg) – Russia’s controversial Nord Stream 2 pipeline lost the latest round of its legal fight against European Union gas market rules, in a largely symbolic court defeat for the now-shuttered project. Gazprom PJSC-controlled Nord Stream 2 […]

(Bloomberg) – Suncor Energy Inc.’s crude output from wells in Alberta rose to a record in October on gains at the Firebag oil sands site, which the producer’s chief executive has called a […]

(Bloomberg) – Russia’s Gazprom PJSC is preparing for a scenario where natural gas flows via Ukraine halt entirely next year. Gazprom’s plans, which are yet to be approved by management, set out a […]

(Bloomberg) – South Africa is in talks to obtain liquefied natural gas from Qatar as the country faces a decline in supplies from neighboring Mozambique in the coming years. The authorities are weighing a commercial […]

Enverus Intelligence® Research (EIR), a subsidiary of Enverus, has released its annual Montney and Duvernay Play Fundamentals that examines recent drilling trends, well inventory counts and associated economics within both Canadian plays. “The […]

Empire Petroleum Corporation announced that it has entered into an amendment to its Revolver Loan Agreement with Equity Bank, increasing the total principal commitment to $20.0 million, up from an initial $10.0 million through December […]

The African Energy Chamber (AEC) has voiced its support for the inaugural Congo Energy & Investment Forum (CEIF), set to take place in March 2025. Unveiled during African Energy Week: Invest in African Energies in […]

McDermott has received the International Organization for Standardization (ISO) 50001 certification for energy management at four of its major fabrication yards: the Batam Fabrication Yard (BFY) in Indonesia, the Jebel Ali Fabrication Yard (JAY) in […]