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Energy Company News

Eni Sells 10% Stake in Ivory Coast’s Baleine Project to SOCAR

Eni

Eni Sells 10% Stake in Ivory Coast’s Baleine Project to SOCAR

Italy’s Eni has signed a binding agreement to sell a 10% stake in the Baleine offshore oil and gas project in Côte d’Ivoire to SOCAR, the State Oil…

Jan 23, 2026 at 00:50 | Charles Kennedy

Vitol Extends Brunei LNG Supply Deal Through 2031

Vitol

Vitol Extends Brunei LNG Supply Deal Through 2031

Brunei Energy Services & Trading and global energy trader Vitol have extended their long-term liquefied natural gas Sale and Purchase Agreement, reinforcing a partnership first…

Jan 22, 2026 at 21:34 | Charles Kennedy

EDP Backs Davos Push to Make Iberia a Pillar of Europe’s Reindustrialization

EDP

EDP Backs Davos Push to Make Iberia a Pillar of Europe’s Reindustrialization

At the World Economic Forum in Davos, EDP joined leading Iberian energy and industrial companies in renewing a coordinated push to position Spain and Portugal as engines of…

Jan 22, 2026 at 01:04 | Charles Kennedy

Kinder Morgan Posts Record Earnings as LNG Demand Fuels Pipeline Growth

Kinder Morgan

Kinder Morgan Posts Record Earnings as LNG Demand Fuels Pipeline Growth

Kinder Morgan reported record fourth-quarter and full-year financial results for 2025, underscoring the growing role of U.S. natural gas infrastructure in meeting domestic power demand and global LNG…

Jan 21, 2026 at 19:40 | Charles Kennedy

Santos Delivers Strong Cash Flow as Barossa LNG Ships First Cargo

Santos

Santos Delivers Strong Cash Flow as Barossa LNG Ships First Cargo

Australia’s Santos has capped off 2025 with strong base business performance, resilient cash generation, and major growth projects moving into production, underscoring the company’s ability to deliver through…

Jan 21, 2026 at 19:23 | Charles Kennedy

Seadrill Locks In Multi-Region Rig Work as Offshore Demand Tightens

Seadrill

Seadrill Locks In Multi-Region Rig Work as Offshore Demand Tightens

Offshore drilling contractor Seadrill has strengthened its forward workload after securing a series of contract awards and extensions across Malaysia, Norway, and Brazil, underscoring renewed momentum in the…

Jan 21, 2026 at 12:06 | Editorial Dept

Energy Fuels Moves to Buy ASM in $299 Million Rare Earths Deal

Energy Fuels Inc.

Energy Fuels Moves to Buy ASM in $299 Million Rare Earths Deal

Energy Fuels Inc. has entered into a Scheme Implementation Deed to acquire 100% of Australian Strategic Materials Limited (ASM) in a transaction valuing the Australian…

Jan 21, 2026 at 00:49 | Charles Kennedy

Ørsted Completes Turbine Installation at 920 MW Taiwan Offshore Wind Project

Orsted

Ørsted Completes Turbine Installation at 920 MW Taiwan Offshore Wind Project

Ørsted has completed the installation of all wind turbines at its 920 MW Greater Changhua 2b and 4 offshore wind farms off the coast of Taiwan, concluding the…

Jan 20, 2026 at 21:54 | Charles Kennedy

Brazil’s Petrobras Orders $560M Fleet to Cut Charter Reliance and Boost Jobs

Petrobras

Brazil’s Petrobras Orders $560M Fleet to Cut Charter Reliance and Boost Jobs

Brazil’s state-controlled oil giant Petrobras has taken another step to strengthen its domestic energy logistics and shipbuilding industry, signing contracts to build a new generation of gas carriers…

Jan 20, 2026 at 18:53 | Charles Kennedy

Shell Streamlines Executive Committee as Projects Chief Steps Down

Shell

Shell Streamlines Executive Committee as Projects Chief Steps Down

Shell plc is cutting the size of its Executive Committee as part of a broader effort to simplify its corporate structure and embed technical expertise more directly within…

Jan 20, 2026 at 18:42 | Charles Kennedy

BHP Lifts Copper Guidance on Record Output as Iron Ore and Coal Deliver

BHP

BHP Lifts Copper Guidance on Record Output as Iron Ore and Coal Deliver

BHP posted a strong first half of FY26, highlighted by record operational performance at its copper and iron ore assets, prompting an increase in group…

Jan 19, 2026 at 20:58 | Charles Kennedy

Origin Extends Eraring Coal Plant Operations to 2029 to Bolster NSW Supply

Origin Energy

Origin Extends Eraring Coal Plant Operations to 2029 to Bolster NSW Supply

Origin Energy has confirmed it will extend operations at its Eraring Power Station, Australia’s largest coal-fired generator, by nearly two years, pushing its retirement date from August 2027…

Jan 19, 2026 at 19:18 | Charles Kennedy

Syrah Extends Tesla Offtake Cure Deadline as Vidalia Qualification Continues

Syrah Resources

Syrah Extends Tesla Offtake Cure Deadline as Vidalia Qualification Continues

Syrah Resources said it has reached an agreement with Tesla to extend the cure date for an alleged default under their offtake agreement covering active…

Jan 18, 2026 at 19:33 | Charles Kennedy

Chevron Approves Leviathan Gas Expansion in Eastern Mediterranean

Chevron

Chevron Approves Leviathan Gas Expansion in Eastern Mediterranean

Chevron has approved a major expansion of the Leviathan natural gas field offshore Israel, doubling down on its role as a cornerstone supplier in the…

Jan 16, 2026 at 02:13 | Charles Kennedy

Mitsubishi Enters U.S. Shale With $5.2 Billion Haynesville Gas Deal

Mitsubishi Corporation

Mitsubishi Enters U.S. Shale With $5.2 Billion Haynesville Gas Deal

Mitsubishi Corporation has agreed to acquire Aethon’s Haynesville shale gas business in a transaction valued at approximately $5.2 billion, marking the Japanese conglomerate’s first direct…

Jan 16, 2026 at 01:20 | Charles Kennedy

BP Flags Multi-Billion-Dollar Transition Impairments as Net Debt Falls in Q4

BP

BP Flags Multi-Billion-Dollar Transition Impairments as Net Debt Falls in Q4

BP p.l.c. (NYSE: BP) has warned of a weaker earnings backdrop in the fourth quarter of 2025, driven by softer oil and gas realizations, weak…

Jan 15, 2026 at 20:35 | Charles Kennedy

Staatsolie Closes 2025 on Strong Note, Looks Forward to Pivotal 2026

Staatsolie

Staatsolie Closes 2025 on Strong Note, Looks Forward to Pivotal 2026

Suriname’s oil and gas sector is entering a decisive phase in 2026 as major projects move from exploration and planning into execution and commercial decision-making. With offshore developments…

Jan 15, 2026 at 11:26 | Charles Kennedy

TotalEnergies to Exit 10% Stake in Nigeria’s Renaissance JV in Asset Sale

TotalEnergies

TotalEnergies to Exit 10% Stake in Nigeria’s Renaissance JV in Asset Sale

TotalEnergies has signed a Sale and Purchase Agreement to divest its 10% non-operated stake in the Renaissance joint venture in Nigeria, marking another step in the company’s long-running…

Jan 15, 2026 at 03:09 | Charles Kennedy

TotalEnergies and Bapco Launch Middle East Trading Joint Venture

TotalEnergies

TotalEnergies and Bapco Launch Middle East Trading Joint Venture

France’s TotalEnergies and Bahrain’s state-owned Bapco Energies have officially launched BxT Trading, a 50/50 trading joint venture backed by production flows from Bapco Energies’ refinery.…

Jan 15, 2026 at 01:49 | Charles Kennedy

Duke Energy Brings 50-MW Grid Battery Online at Retired Allen Coal Plant

Duke Energy

Duke Energy Brings 50-MW Grid Battery Online at Retired Allen Coal Plant

Duke Energy has brought a 50-megawatt, four-hour battery energy storage system online at its former Allen coal plant on Lake Wylie, marking a major step in repurposing legacy…

Jan 14, 2026 at 20:25 | Charles Kennedy

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