Mozambican President Daniel Chapo said he expects to soon conclude talks with TotalEnergies SE over the restart of a $20 billion natural-gas project that halted four years ago because of an Islamic State-linked insurgency. SourceContinue Reading

OFS Portal has launched new membership tiers designed for supplier companies joining for the first time. These flexible tiers help suppliers’ lower costs, streamline compliance, simplify integrations, and standardize e-invoicing with energy operators worldwide. SourceContinue Reading

U.S. Treasury Secretary Scott Bessent said the next round of U.S.-China talks could include a discussion of China’s purchases of Russian and Iranian oil, a signal that the focus could shift from more traditional trade issues to ones that cross over into matters of national security. SourceContinue Reading

Namibia’s former-Minister of Mines and Energy, Tom Alweendo, is spearheading the launch of Alvenco Advisory, a new strategic advisory firm. The launch of Alvenco Advisory comes as Namibia accelerates the development of offshore oil and gas discoveries made in the Orange Basin. SourceContinue Reading

CEPetroleum (CEP) has made a significant oil discovery in its Wolin East 1 well, offshore Poland. CEP estimates the discovery as the largest conventional hydrocarbon field yet found in Poland, and one of the largest conventional oil discoveries in Europe in the past decade. SourceContinue Reading

bp Plc appointed the former boss of a building-materials company as its new chairman, replacing Helge Lund amid pressure for a change in the company’s direction from activist shareholder Elliott Investment Management. SourceContinue Reading

Vår Energi has made a commercial gas and condensate discovery in the Vidsyn exploration well in the Norwegian Sea. The discovery was made on the Vidsyn ridge, which has the potential to hold up to 100 MMboe gross, Vår Energi stated. SourceContinue Reading

Ghana’s oil and gas sector is showing signs of resurgence, underscored by Eni’s recent declaration of commerciality for the Eban-Akoma offshore development, and the recent license extension secured by Tullow Oil and partners for the Jubilee and TEN fields. SourceContinue Reading

Chevron’s victory in a lengthy arbitration initiated by Exxon allowed the $53 billion takeover of Hess Corp. to proceed. With Exxon being the majority owner and operator of the disputed Guyana oil fields, the two oil giants face a new challenge: collaboration. SourceContinue Reading

California Governor Gavin Newsom is proposing a bill to streamline permitting for new oil wells that environmental groups say would wipe out scrutiny of the industry. SourceContinue Reading