Texas Petroleum Investment Co News

 

First Turbine Stands Tall at Dominion Energy’s 2.6GW US Offshore Wind Farm

Feb 02, 2026

Dominion Energy has completed the installation of the first offshore wind turbine for the Coastal Virginia Offshore Wind (CVOW) project, the largest such project in the United States.In a regulatory filing, submitted by Dominion Energy on January 30…

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Jan 30, 2026

Conrad Asia Energy and its subsidiary West Natuna Exploration have signed a binding term sheet with Empyrean Energy to settle historical cash call arrears related to the Duyung Production Sharing Contract in Indonesian waters.The agreement outlines…

Subsea7 Gets Shell’s Contract for Deepwater Development off US

Jan 30, 2026

Subsea7 has secured a sizeable contract by Shell for the Kaikias Waterflood project, a deepwater development in the Mars-Ursa Basin, off the Louisiana coast in the United States.The scope of work includes the transportation and installation of a subsea umbilical…

Petronas Plans Ramp-Up in Exploration, Production Over Three Years

Jan 30, 2026

Malaysia's state energy firm Petronas said on Thursday it will ramp up exploration and production over the next three years to strengthen domestic energy security.Petronas said it aims to maintain domestic output at close to two million barrels of oil equivalent per day between 2026 and 2028…

OKEA Discovers More Petroleum at Brage Field in North Sea

Jan 28, 2026

Norwegian oil and gas firm OKEA and its partners have discovered petroleum in the North Sea, off Norway.The well was drilled from the Brage installation, and the discovery was made in connection with drilling a development well for oil (31/4-A-15 D) in the Knockando Fensfjord prospect…

European North Sea Investment Pact to Mobilize $1.17T for Offshore Wind

Jan 26, 2026

Governments from nine North Sea countries, together with industry and power grid operators, have formed an investment pact aimed at mobilizing up to $1.17 trillion (€1 trillion) in offshore wind investment and accelerating Europe’s buildout of offshore wind capacity…

Libya Inks Long-Term Oil Deal with TotalEnergies and ConocoPhillips

Jan 26, 2026

Libya signed a 25-year oil development agreement on Saturday with France's TotalEnergies and U.S.-based ConocoPhillips, involving more than $20 billion in foreign-financed investment, Prime Minister Abdulhamid al-Dbeibah said.Signed through Waha Oil Company…

Nigeria Backs Shell’s Bonga South West Oil Project with Fresh Incentives

Jan 23, 2026

Nigerian President Bola Tinubu has approved 'targeted, investment-linked' incentives for Shell's Bonga South West deepwater oil project following a meeting with the company's CEO, Tinubu's office said.The proposed incentives are the latest in…

Chevron in Final Talks with Eneos, Glencore on Singapore Assets Sale

Jan 22, 2026

Chevron plans to close a deal to sell its oil refining and distribution assets in Singapore in the first quarter of the year as it engages in a final round of talks with Japanese refiner Eneos and Glencore, four sources with knowledge of the matter said…

Turkish Petroleum, Chevron Discuss Joint Oil and Gas Exploration

Jan 21, 2026

Turkish Petroleum is in talks with Chevron to jointly explore oil and gas, Bloomberg News reported on Tuesday, citing a Turkish official familiar with the discussions.Turkey's state energy company would work with Chevron on seismic studies and drilling…

Blackstone Considers $5B Sale of Beacon Offshore Energy

Jan 20, 2026

Blackstone is in talks to sell its Beacon Offshore Energy, which operates oil and gas assets in the U.S. Gulf of Mexico for more than $5 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter.The asset manager has…

Galp Focuses on Growing Upstream in Brazil, Namibia

Jan 20, 2026

Portuguese energy firm Galp will focus on growing its upstream business from oilfields in Brazil and Namibia and may list parts of its newly formed downstream business in a couple of years, its co-chief executive Joao Diogo Marques da Silva told Reuters on Tuesday…

Mitsui Reviews Niigata Project Plan as Offshore Wind Challenges Mount

Jan 20, 2026

Japanese trading house Mitsui & Co and its partners are considering using smaller turbines and delaying the start of construction at their offshore wind farm project in Niigata in northern Japan, a Mitsui spokesperson said on Tuesday.The Mitsui-led consortium…

ADNOC Gas Signs $3B LNG Supply Deal with India’s HPCL

Jan 20, 2026

ADNOC Gas has signed a long-term liquefied natural gas (LNG) supply agreement worth between $2.5 billion and $3 billion with India’s Hindustan Petroleum Corporation Limited (HPCL).The 10-year sales and purchase agreement covers the supply of 0…

RWE Secures Long-Term LNG Supply from Texas LNG Project

Jan 16, 2026

RWE Supply & Trading has signed a 20-year sales and purchase agreement with Texas LNG Brownsville, part of Glenfarne Group, for the supply of liquefied natural gas (LNG) from the United States.Under the agreement, RWE will purchase one million tonnes of LNG per year…

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