The U.S. Department of Energy (DOE) this week announced it has taken the first step in the Energy Department’s largest deregulatory effort in history, proposing the elimination or reduction of 47 regulations. SourceContinue Reading
“The Trump Administration continues to fill important positions within the federal government with outstanding professionals who are committed to increasing American energy dominance,” said IPAA President Jeff Eshelman. SourceContinue Reading
Oil giant Saudi Aramco has signed agreements with major U.S. companies potentially totaling about $90 billion. The signed MoUs and pacts cover partnerships on LNG, AI, emission-reduction technologies and more, Aramco said in a statement. SourceContinue Reading
XRG, PETRONAS and the Turkmenistan State Enterprise Hazarnebit have signed a new Production Sharing Contract (PSC) with the State Concern Turkmennebit for the offshore “Block I” gas and condensate fields in Turkmenistan. SourceContinue Reading
XRG, PETRONAS and the Turkmenistan State Enterprise Hazarnebit have signed a new Production Sharing Contract (PSC) with the State Concern Turkmennebit for the offshore “Block I” gas and condensate fields in Turkmenistan. SourceContinue Reading
McDermott has successfully completed fabrication, construction, and offshore floatover of the Scarborough floating production unit (FPU) topside and hull structures for Woodside Energy. SourceContinue Reading
Eni has started gas production from the Merakes East field, in the Kutei basin, offshore Indonesia. The field will contribute up to 100 MMscfd of gas or approx. 18,000 boed to Eni’s production. This startup is another example of fast-track development as the field was brought on production approximately two years from FID. SourceContinue Reading
Colombia’s oil and gas association urged authorities to take “urgent action” after a surge in sabotage attacks on critical energy infrastructure. A group broke in and set fire to the Quifa field facilities in central Colombia on Monday, the ACP said in a statement. SourceContinue Reading
Nexos, a leading EPC provider for the offshore energy sector, has announced a strategic expansion into onshore energy projects. The move is bolstered by a 300-person strong onshore services division, positioning nexos as a key player in the energy transition. SourceContinue Reading
Tullow Oil has formerly signed an agreement with Gabon Oil Company to sell 100% of its working interests in Gabon for total cash consideration of $300 million (USD). The agreement follows an announcement made in March 2025 discussing terms of the deal. SourceContinue Reading
