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Melbana awarded petroleum exploration permit in Australia

Melbana Energy has secured a petroleum exploration permit AC/P70 located in the territory of Ashmore and Cartier Islands in Australia…

Equinor Energy encounters dry well near Draugen field in Norwegian Sea

Equinor Energy has failed to find hydrocarbon reserves following the drilling of a wildcat well located near the Draugen field…

Hexagon, Green Critical Minerals sign earn-in agreement for McIntosh project

Hexagon Energy Materials has entered into an earn-in-agreement Green Critical Minerals for the McIntosh project in the East Kimberley of…

Austral Gold, Mexplort to establish JV for new precious metal projects in Argentina

Austral Gold Argentina has signed a binding offer letter with Mexplort Perforaciones Mineras to establish a 50:50 joint venture for…

Gastrade takes FID on Alexandroupolis LNG terminal in Greece

Utility company Gastrade has taken the final investment decision (FID) on the construction of the Alexandroupolis independent natural gas system…

Amp Energy to develop 800MW battery storage facilities in Scotland

Renewable energy developer Amp Energy has announced the development of two battery storage facilities with a capacity of 800MW in…

Astro Resources plans to spin off diamond project

Australia-based exploration company Astro Resources is in talks with various parties on spinning off its diamond project. The spin off,…

Lime Rock Resources buys assets worth $358.5m in US

Lime Rock Resources has acquired properties from Abraxas Petroleum and a private seller in a deal valued at around $358.5m.…

BP plans to increase stake in Shah Deniz gas field in Azerbaijan

British oil and gas company BP is reportedly planning to increase its interest in the Shah Deniz gas field, offshore…

Maire Tecnimont wins $3.5bn contracts for Borouge expansion project

Tecnimont, a subsidiary of Maire Tecnimont, has secured three EPC contracts worth around $3.5bn from Abu Dhabi Polymers (Borouge) for…