Heirs Energies has secured a $750 million financing facility from Afreximbank to accelerate field development, boost production and support long-term growth in Nigeria. SourceContinue Reading

INEOS Energy has made its first oil discovery in the Gulf of America after confirming high-quality oil at Shell-operated Nashville well in the deepwater Norphlet play. SourceContinue Reading

CNOOC has started production at the Xijiang 24 offshore oil project in the Pearl River Mouth Basin, targeting peak output of 18,000 boed in 2026. SourceContinue Reading

OMV Petrom and NewMed Energy are preparing to drill two offshore wells at Bulgaria’s Han Asparuh block in the Black Sea, with first drilling expected by year-end. SourceContinue Reading

Baytex Energy has closed the sale of its U.S. Eagle Ford assets for $2.14 billion, exiting the play to strengthen its balance sheet and refocus on Canadian operations. SourceContinue Reading

Ukraine says it struck a Lukoil offshore drilling platform in the Caspian Sea, as Kyiv intensifies attacks on Russian energy infrastructure tied to wartime revenue. SourceContinue Reading

The Texas Railroad Commission assessed more than $1.1 million in enforcement penalties against oil and gas operators, approving fines tied to compliance and default orders. SourceContinue Reading

TIPRO praised House passage of the SPEED Act, saying streamlined NEPA permitting would accelerate oil and gas projects, boost energy security and support growing U.S. power demand. SourceContinue Reading

Aminex said pipeline construction and upstream work at Tanzania’s Ntorya gas project are advancing, keeping the development on track for first gas in 2026. SourceContinue Reading

TechnipFMC has secured a $250 million–$500 million subsea EPCI contract from Eni for the Coral North FLNG project offshore Mozambique, covering flowlines, risers, manifolds and umbilicals in ultradeep water. SourceContinue Reading