Oil and Gas • Industry • News

QatarEnergy has added to its Uruguay portfolio with the acquisition of an 18% stake in offshore block OFF-4 from operator Shell.

WinGD has secured its first order for ethanol-fuelled marine engines to power two China-built ore carriers chartered by Brazil’s Vale.

NextEra Energy and Dominion Energy have agreed to an all-stock mega-merger to create an 80% regulated business in high-growth US power markets.

Phillips 66 has launched two major midstream projects to increase gas flows between Permian Basin producers and US Gulf markets.

Glenfarne Alaska LNG has secured a gas supply agreement with ConocoPhillips for the first phase of the Alaska LNG project.

Santos and Repsol have started oil production at the Pikka development on Alaska’s North Slope, targeting an 80,000-bopd plateau in Q3 2026.

Anglo American has agreed to sell its steelmaking coal portfolio in Australia to Dhilmar for up to USD 3.9 billion.

Canada and Alberta have agreed on a timeline for a new bitumen pipeline to connect Alberta producers with Asian markets.

Caturus has closed USD 9.75 billion in project finance and reached a positive FID on the Commonwealth LNG project in the US.

EagleRock Land has reached a valuation of USD 3 billion following its debut listing on the New York Stock Exchange.