Qatar buys 25% stake in South Africa block

February 6, 2018 0

Qatari state-owned oil company Qatar Petroleum (QP) has acquired a 25% stake in the exploration block 11B/12B, in the southern coast of South Africa, from French supermajor Total, Kallanish Energy reports.

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Lilis Energy enhances position in Delaware Basin

February 1, 2018 0

San Antonio-based independent oil and gas E&P company, Lilis Energy, said Wednesday it is acquiring roughly 2,798 net acres in the Delaware Basin and associated production from OneEnergy Partners (OEP), enhancing its overall position in the play.

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BP invests $5 million in EV charging company

January 31, 2018 0

British oil major BP said Tuesday it has invested $5 million in a U.S.-based manufacturer of mobile electric vehicle (EV) rapid charging systems, FreeWire Technologies, seeking to the be the fuel retailer of choice even if not oil and gas.

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UK’s Upland cancels farm-in deal with Europa

January 22, 2018 0

London-listed upstream company Upland Resources said Thursday it terminated its conditional farm-in agreement for 10% of the Wressle development project following a recent appeals refusal for the project’s application.

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Pampa Energía sells oil assets onshore Argentina

January 18, 2018 0

Argentina’s largest electricity company, Pampa Energía, has agreed to sell a number of onshore oil assets from its exploration & production segment to Mexico’s independent explorer, Vista Oil & Gas, for $360 million, Kallanish Energy learns.

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