Shares of Portuguese integrated energy operator Galp Energia exploded after the company reported a major oil find offshore Namibia
Read more +Energy experts and environmentalists express concerns about Big Oil's overreliance on carbon capture technology as a means to decarbonize operations while maintaining high fossil fuel output.
Read more +British multinational oil & gas giant, Shell Plc has threatened to delist from the London Stock Exchange and list on the New York Stock Exchange
Read more +WA-360-P renewed for 5 years, MEO interest increases to 62.5% Key Points:• Designated Authority grants 5 year renewal of WA-360-P• MEO participating interest increases to 62.5%…
Independent assessment of Marina discovery and Breakwater prospect Key Points: • Marina-1 discovery assessed to contain contingent hydrocarbon resources in five zoneso contingent gas resources: 51 Bcf…
A new oil discovery has been made in the Campos Basin of the coast of Brazil. Repsol Sinopec Brasil discovered the Pão de Açúcar well has a thickness of 500m,…
Completes acquisition of Floyd 3D seismic survey in WA-454-P Key Points: • Completes acquisition of Floyd 3D seismic survey in WA-454-P (MEO 100%)• Survey will refine Marina resource…
Last week Shell made a £942 million bid for Cove Energy, who hold significant rights to areas of Mozambique that boast some of the world’s largest natural gas reserves, but…
Yesterday GE Energy Financial Services and JP Morgan announced that they are to join together to invest $225 million into the 662.5 megawatt Capricorn Ridge wind farm in West Texas.…
Acquires 50% interest in Gulf of Thailand Block G2/48 Key Points:• Acquires 50% interest in Gulf of Thailand block G2/48• Located in a shallow water emerging…
Regulatory approval received for variation to WA-454-P minimum work program Key Points: • Designated Authority approves variation to WA-454-P Minimum Work Program MELBOURNE, AUSTRALIA (24th February, 2012) MEO…
13 Feb 2012: Challenger Energy Ltd (“Challenger”) is pleased to announce that Unit Drilling Rig 25 and the other equipment required to commence the next phase of operations at Mercury…
Cue Energy Resources Ltd is pleased to provide the following update on the drilling status of Naga Utara-1. The well is located within the Mahakam Hilir PSC in the Kutei…