Rockhopper Exploration has concluded a secondary share offer to shareholders, securing approximately $20 million in gross proceeds. The AIM-listed company announced the results on Wednesday, confirming that the second tranche
Oil Exploration
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The ongoing consultations regarding the Rosebank and Jackdaw offshore projects have reignited the debate over domestic hydrocarbon production in the United Kingdom. With the consultation period closing last month, public
The Orange Basin offshore petroleum province has become the focal point for competing energy strategies between Namibia and its southern neighbour, South Africa. While both nations share this Atlantic maritime
Sintana Energy Inc has announced that the exploration timeline for its offshore Uruguay assets has been extended by 12 months, whilst developments in Argentina have moved the company closer to
Plexus Holdings PLC has entered into a two-year agreement with Cactus Wellhead, an international service company, to develop and qualify a range of wellhead products for offshore energy applications. The
Chevron is progressing towards a significant expansion of its operations in Iraq, with the US supermajor scheduled to execute two memoranda of understanding on Friday. The non-binding agreements represent a
China’s state-controlled liquefied natural gas importers have entered negotiations to secure long-term supply contracts with exporters whose shipping routes circumvent the Strait of Hormuz, according to sources familiar with the
Libya’s National Oil Corporation (NOC) and Austrian energy company OMV have declared the Essar oil discovery commercially viable, marking a significant milestone in the North African nation’s efforts to rebuild
Helium One Global Ltd has completed its first helium sale from the Galactica project in the United States, marking a significant operational milestone for the AIM-listed company as it transitions
In a pivotal move signalling the evolving landscape of the UK oil industry, Enquest, a London-listed oil and gas firm, has announced the acquisition of Malaysian assets from Petronas Carigali
In a remarkable address during the Wall Street Journal CEO Council Summit in London, Wael Sawan, the chief executive of Shell, offered an alarming perspective on the current state of
The longstanding tensions between multinational oil corporations and local communities have reached a critical juncture as Shell, the British oil giant, is embroiled in a class action lawsuit filed in
The long-anticipated push into oil production at the Sea Lion field, located north of the Falkland Islands, is set to move forward as Rockhopper Exploration, the UK-based company that co-owns
In a landscape often defined by uncertainty, the recent fluctuations in oil prices have provided a significant narrative thread that weaves together elements of international diplomacy, economic forecasting, and domestic
The head of the International Energy Agency (IEA), Fatih Birol, has issued a stark warning regarding the state of global oil stockpiles, stating that they are depleting at an alarming
The Strait of Hormuz, a pivotal maritime corridor for global oil supplies, is now at the forefront of escalating tensions stemming from America’s foreign policy under the Trump administration. With
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