ESG/Investment
News
July 25, 2026
Kuwait Oil Company has secured a landmark $16 billion infrastructure partnership that will generate nearly $8 billion to help fund upstream growth, supporting the country's strategy to expand crude oil production capacity to 4 MMbpd by 2035.
News
July 21, 2026
The African Energy Chamber is urging global operators and investors to back Venezuela's reopening oil and gas sector, citing regulatory reforms, expanding upstream opportunities and plans to restore production to as much as 3 MMbpd while attracting international investment.
News
July 21, 2026
Afreximbank has approved a $200 million financing facility to support Shoreline Power Company and Arkad SpA's participation in the $980 million Hassi Bir Rekaiz Phase 2a field development project in Algeria, which is expected to increase production to as much as 60,000 bopd.
News
July 21, 2026
ADNOC has approved a $6.2 billion investment to develop the Umm Shaif Gas Cap offshore Abu Dhabi, a project expected to deliver more than 600 MMscfd of natural gas by 2030 and strengthen the UAE's long-term gas supply.
News
July 20, 2026
Lionheart Capital is nearing a proposed $400 million investment in Venezuela's PetroUrdaneta joint venture, a deal that could become one of the first major private upstream investments since U.S. sanctions were eased.
News
July 09, 2026
The World Bank approved an $875 million financing package for Côte d'Ivoire and signed an interim agreement with Eni to support the country's Gas Master Plan and expanding natural gas infrastructure.
News
July 03, 2026
As Libya works to sustain its recent production recovery, the African Energy Chamber (AEC) says Angola's regulatory reforms offer a useful example of how policy certainty can help attract long-term upstream investment.
News
July 01, 2026
Houlihan Lokey has agreed to acquire energy-focused investment bank Intrepid Financial Partners, expanding its oil and gas M&A, capital raising and restructuring advisory capabilities. The transaction is expected to close before the end of September.
News
June 30, 2026
Sable Offshore launched a $400 million equity and convertible debt offering as it works to refinance a loan owed to Exxon Mobil, sending shares sharply lower. The financing comes as the company continues efforts to restart offshore oil production off California's coast.
News
June 30, 2026
Tenaris will invest more than $90 million to modernize its Pennsylvania steel shop and seamless pipe manufacturing facilities, expanding automation, improving production efficiency and supporting U.S. oil country tubular goods (OCTG) manufacturing for the energy industry.
News
June 24, 2026
U.S. Steel is investing $475 million in a new heat-treatment line at its Fairfield Tubular Operations, expanding OCTG production capacity to support growing demand from major U.S. oil and gas basins, including the Permian, Eagle Ford and Haynesville.
News
June 23, 2026
The Republic of Congo is advancing LNG expansion, deepwater oil developments and energy sector reforms as operators including Eni, TotalEnergies and Trident Energy move forward with projects aimed at boosting production and attracting investment.
News
June 20, 2026
Ivory Coast is strengthening its position as one of Africa's fastest-growing upstream markets, with Eni's Baleine expansion, new offshore drilling campaigns and growing international investment interest helping drive the country's next phase of oil and gas growth.
News
June 18, 2026
Vår Energi has approved the Balder Next New Wells project in the North Sea, a seven-well development targeting 86 MMboe of reserves and supporting long-term production growth through the Jotun FPSO hub.
News
June 16, 2026
Equinor has outlined plans to increase production to 2.3 MMboed by 2030, supported by higher investment in oil and gas projects, expanded activity on the Norwegian Continental Shelf and 30% growth in international production.
News
June 10, 2026
Chevron, YPF and Pluspetrol are expected to commit volumes to a $3 billion natural gas liquids project in Argentina's Vaca Muerta shale basin, a move that could pave the way for final investment approval and help ease infrastructure constraints on future production growth.
News
June 09, 2026
A new report from the Permian Strategic Partnership highlights the Permian basin's growing economic influence, supporting more than 940,000 U.S. jobs, contributing billions in economic activity and accounting for nearly half of projected U.S. oil production by 2027.
News
June 03, 2026
Transportadora de Gas del Sur is pursuing a roughly $1 billion financing package to support its $3 billion Vaca Muerta NGL project, a major infrastructure development designed to expand processing, transportation and export capacity for Argentina's growing shale sector.
News
May 27, 2026
African investors and energy companies are increasingly targeting Brazil’s pre-salt developments and Argentina’s LNG infrastructure expansion as part of a broader push to diversify upstream and energy investments beyond domestic markets.
News
May 27, 2026
Former bp chairman Albert Manifold said he was removed without warning or explanation after the company cited governance and conduct concerns, escalating leadership turmoil at the oil major.
