Oil and Gas • Industry • News

US geothermal company Fervo Energy has raised its IPO target to 70 million shares, eyeing a valuation of up to USD 7.37 billion.

SEG Solar is growing its solar module manufacturing capacity in the US with a new 4-GW factory in Texas.

Neoenergia has secured renewals for three power distribution concessions in Brazil and announced the start of a USD 10.2-billion investment cycle.

São Tomé and Principe has launched a new bidding round, offering up to 85% interest in three offshore blocks.

Sempra is targeting first LNG at its 3.25-million-tpy Energia Costa Azul LNG liquefaction facility in June.

Devon Energy and Coterra Energy shareholders have approved an all-stock deal to merge the companies into a leading US shale operator.

Eni’s Geliga-1 gas discovery offshore Indonesia has delivered strong test results, supporting plans for fast-track development.

The 12th Mozambique Mining and Energy Conference and Exhibition has kicked off with a focus on channelling resources to industrialisation and…

Angola’s National Agency for Oil, Gas and Biofuels and Woodside Energy have signed an MoU to explore prospects in three blocks offshore Angola.

Delfin Midstream has struck a long-term deal with Gunvor for offtake from the brownfield deepwater Delfin LNG project in the US Gulf.