Total will acquire around four gigawatts of electricity production, mainly solar and wind power in operation or being built in Italy and the Netherlands, as well as solar, wind and battery storage projects in Italy, Britain and Spain
The British energy company said it will sell its UK North Sea business, marking the end of oil production in its home country after six decades of operations. The assets include five production hubs located in the Central North Sea and west of the Shetland Islands
Shell reported adjusted earnings of $9.84 billion for the second quarter, more than double the $4.26 billion recorded a year earlier, driven by strong trading and refining performance
During the second quarter, GeoPark drilled and completed six wells in the Llanos 34 and Llanos 123 blocks in Colombia, and drilled five wells in Vaca Muerta, which were undergoing hydraulic fracturing at the end of the quarter. The company operated a total of eight rigs, including four drilling rigs and four workover rigs
Oil prices appear to have settled into a range of $72 to $75 a barrel, although the market has yet to fully normalize and the conflict in the Middle East continues to create uncertainty, the chief executive officer of Brazil’s state-run oil firm Petrobras
US oil major Chevron has submitted a $13.8 billion investment project in Argentina and requested its inclusion under the Large Investment Incentive Regime (RIGI)
Argentina’s energy trade balance could post a surplus of $11 billion in 2026, according to estimates by state-controlled oil company YPF
State-controlled oil company YPF announced plans to invest $25 billion to “accelerate the export development” of Argentina’s Vaca Muerta unconventional shale formation
Vista Energy, whose operations are concentrated in Argentina’s Vaca Muerta unconventional shale formation, announced plans to invest $5.6 billion in the South American country through 2028
Vista Energy finalized the acquisition of Equinor’s assets in Argentina’s Vaca Muerta shale formation in a deal valued at $712 million. The transaction gives the company led by Miguel Galuccio non-operated stakes in two shale oil blocks in the Neuquén Basin
