Invictus Energy has completed the PSA process for its Cabora Bassa project in Zimbabwe, clearing the path for appraisal of the Mukuyu gas field and new exploration drilling. SourceContinue Reading
Kolibri Global Energy said production at its Tishomingo field in Oklahoma has exceeded 6,000 boed as new Barnes and Velin wells begin flowing back. SourceContinue Reading
Block Energy said its Phase 1 CCS pilot in Georgia achieved rapid CO₂ mineralization, confirming permanent storage and supporting plans for field-wide scale-up. SourceContinue Reading
Bourbon has completed its financial restructuring, bringing Davidson Kempner and Fortress in as majority shareholders and positioning the offshore services provider for renewed growth. SourceContinue Reading
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