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Dutch subsea provider N-Sea names new CEO
Dutch subsea services provider N-Sea Group has appointed former COO Pim Nelemans as its new CEO, following the departure of Martin Adler from the role.
UK's Synergia gives up stake in North Sea carbon storage licence
Synergia Energy plans to relinquish its 50% interest in the CS019 Camelot carbon storage licence in the UK Southern North Sea, citing uncertainty over legacy well integrity and the commercial outlook for the project.
Brazil's stock index falls as oil price slump hits Petrobras despite US-Iran peace agreement
Brazil's main stock index fell on June 15 even as global markets rallied after the US-Iran peace agreement, with oil sector losses dragging the Ibovespa down 0.42% as crude prices tumbled on expectations of renewed supply from the Strait of Hormuz.
Brazil’s Petrobras to complete Equatorial Margin well drilling by August
Brazil’s state-owned oil company Petrobras expects to finish drilling the Morpho well in Brazil's Equatorial Margin by August 7, as it pushes ahead with an ambitious exploration programme in one of the country's last major frontier regions.
Brazil delays LPG market overhaul as Middle East crisis strains regulator
Brazil's energy regulator has indefinitely suspended a review of the regulatory framework governing cooking gas sales, redirecting its resources towards fuel supply security as the Middle East conflict continues to disrupt markets.
Norway's Equinor drops 2030 renewables target while intensifying focus on oil and gas
The Norwegian firm has raised its oil and gas outlook.
Colombia's Ecopetrol ends six-month labour dispute with USO union, sealing six-year collective deal
Colombia's state oil company Ecopetrol reached a final collective bargaining agreement with the Unión Sindical Obrera (USO) on June 13, ending a process that ran through more than 990 negotiating sessions and included a 24-hour strike
Russia's stranded LNG pipeline
Russia has a large stranded LNG pipeline that might help replace lost Qatari supply over the coming years, but everything depends on sanctions relief.
Yinson choses Eureka to supply back-up power for FPSO offshore Nigeria
Yinson Berhad (KLSE:YINSON) unit has awarded Norway-based Eureka a contract to supply a back-up power generation module for the FPSO Abigail-Joseph operating at Nigeria's Anyala and Madu offshore fields.
Ukraine's electric vehicle market surges as charging infrastructure races to catch up
Ukraine's electric vehicle market has expanded nearly tenfold over the past five years.
ExxonMobil lines up 35-well Stabroek drilling push as Guyana oil search stretches to 2033
World Bank cuts Latin America growth outlook as Middle East oil shock takes toll
The World Bank has trimmed its growth forecasts for Latin America and the Caribbean for both 2026 and 2027, blaming the inflationary and monetary fallout from the Middle East conflict.
ExxonMobil explains why its Guyana profit exceeded government oil earnings despite 50-50 split
ExxonMobil accelerates Guyana construction and installation
ExxonMobil is accelerating offshore construction and installation activities across the Stabroek Block, with maritime notices issued by Guyana's Maritime Administration Department on June 6 signalling continued deepwater development.
BYD expands Brazil battery push
Chinese carmaker BYD said it will invest BRL500mn ($85mn) in Brazil to manufacture energy storage batteries, expanding its operations in Latin America’s largest economy.
Mexico awards 37 renewable energy projects totalling 7.4 GW in landmark private-public power shift
Syria signs gas field development deal with US firms ConocoPhillips and Novatera
Syria’s state-owned Syrian Petroleum Company (SPC) has signed an agreement with US-based energy companies ConocoPhillips and Novatera Energy to develop several gas fields and increase production from existing assets.
MPC Energy Solutions' Guatemala solar plant nears commercial launch after permit clearance
Ghanaian petroleum marketer GOIL defies revenue slump to lift profit and dividend
Ghanaian petroleum marketer GOIL PLC (GSE:GOIL) increased profit and raised its dividend for the first time in three years despite a decline in revenue.
Ghana fuel price cuts offer relief as global oil pressures ease
The reductions come as Ghana's government reviews fuel relief measures introduced to cushion consumers and businesses from price shocks linked to tensions in the Middle East.
Brazil’s Petrobras secures PSCs for eight exploration blocks offshore Côte d'Ivoire
Brazilian oil major Petrobras is expanding its presence in West Africa after moving ahead with production sharing contracts for eight offshore exploration blocks in Ivory Coast.
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