Petrofac confirms restructuring will leave shareholders ‘no residual value’
Struggling energy infrastructure company Petrofac has announced its proposed restructuring will result in “no residual value” for existing shareholders. Petrofac,…
International
bp awards $700 million in contracts for Shah Deniz offshore gas project
The bp-led Shah Deniz consortium has awarded three major offshore contracts worth approximately $700 million to the Saipem and BOS…
International
EXA 2026 Visitor Registration Now Open
Energy Exchange Australia 2026 registration now open – Decarbonisation takes centre stage. Energy Exchange Australia (EXA) has officially opened registration…
International
Egypt plans to drill 480 oil wells over five years
Out of the 480 exploratory oil wells, 101 are scheduled for 2026. Egypt has announced an ambitious plan to drill…
International
Santos CFO resigns after one year amid corporate transition, M&A fallout
Santos Ltd. announced that Chief Financial Officer Sherry Duhe has resigned after just one year in the role, marking another…
International
Copper demand set to surge 24% by 2035 as four key disruptors reshape global markets
Insufficient mine investment could drive sustained shortages and price volatility, warns Wood Mackenzie LONDON, HOUSTON, SINGAPORE, 15 October 2025 –…
International
Azule spuds the first well of the New Gas Consortium (NGC) project
Azule Energy, a joint venture between two energy majors, Italy’s Eni and the UK’s BP, has started drilling the first…
International
BP wins arbitration case against Venture Global over LNG delivery failure
Venture Global is stated to have breached its obligations by not declaring commercial operations at the Calcasieu Project in a…
International
ExxonMobil to cut 2,000 global jobs as part of restructure
ExxonMobil has announced it will eliminate around 2,000 jobs worldwide, representing approximately 3 per cent to 4 per cent of…
International
US grants license for Shell, Trinidad to develop Venezuelan gas field, official says
The U.S. government has granted an authorization for energy major Shell, opens new tab and Trinidad and Tobago to develop…
Podcast Banner
WellPro
Cegal banner
RCP
Westerton Access Banner
Quanta Banner
Advertise with OGV Energy
This website uses cookies to improve your experience. If you continue to use this site, you agree with it.
