TotalEnergies is selling its 45% stake in two Vaca Muerta shale blocks to YPF for $500 million, shifting focus to core assets in Argentina’s Neuquén Basin and offshore Tierra del Fuego. SourceContinue Reading

Presidio’s entry into the public markets comes as the capital-intensive shale era gives way to a more disciplined focus on returns. Presidio’s differentiated model emphasizes zero reliance on future drilling, minimal capital investment, and substantial free cash flow. SourceContinue Reading

The Mexican Association of Hydrocarbons Companies (AMEXHI) has released a statement celebrating the effort of the Federal Government and its energy and finance institutions to develop the Strategic Plan for the Strengthening of Petróleos Mexicanos (Pemex). SourceContinue Reading

Oil-drilling activity in Argentina’s Vaca Muerta shale patch is set to weaken in the near term as companies restrain spending, said the chief executive officer of the region’s biggest crude producer YPF SA. SourceContinue Reading

Oil supply growth from non-OPEC producers will stall in early 2026, while demand remains robust, according to bp Plc CEO Murray Auchincloss. Non-OPEC supply has been driven in recent years by nations including Guyana and the U.S., Auchincloss said.  SourceContinue Reading

KBC (A Yokogawa Company) has announced the launch of Petro- SIM® v7.6, the latest release of its flagship digital twin process simulation platform for the upstream and downstream oil and gas sectors. SourceContinue Reading

The replacement of a problematic pneumatic level controller and valve resulted in significant uptime and throughput savings for a Canadian upstream producer. SourceContinue Reading

Perenco Brazil has completed its acquisition of the Cherne and Bagre concessions from Petrobras. The acquisition includes two fixed platforms previously hibernated and scheduled for decommissioning by Petrobras. Perenco is targeting 15,000 bpd mid-term production from the concessions. SourceContinue Reading

Halliburton has secured a contract to provide completions and downhole monitoring services for the Northern Endurance Partnership (NEP) carbon capture and storage (CCS) system in northeast England’s East Coast Cluster (ECC). SourceContinue Reading

Nigeria’s First Exploration and Petroleum Development Co. is eying gas exploration in East Africa, reflecting a wider push by the country’s energy companies to grow outside the home market. SourceContinue Reading