Nominations within the Board of Directors The Board of Directors, which met on 25 September 2025, co-opted Mr Matthieu Chabanel as a Director to replace Mr Bruno Crémel for the remainder of his term of office, i.e. until the conclusion of the Ordinary General Meeting ruling on the financial statements for the fiscal year ending 31 December 2026. This appointment will be submitted for ratification at the next Ordinary General Meeting of EDF. The Board is composed of 41.7% of directors classified as independ ...

Key Takeaways Eni sold a 30% interest in the Baleine project to Vitol, diluting its stake to 47.25%.The Baleine field now produces 62,000 barrels of oil and 75 million cubic feet of gas daily.With Phase 3 ahead, output could rise to 150,000 barrels of oil and 200 million cubic feet of gas per day.Eni S.p.A. (E) , an Italian integrated energy company, has completed the sale of a 30% interest in the Baleine project, offshore Côte d’Ivoire, to Vitol, a global energy and commodity trading firm. The divestiture ...

Eni has completed the sale of 30% in the giant operational Baleine oil and gas project offshore Cote d’Ivoire to the world’s biggest independent oil trader, Vitol, the Italian energy major said on Thursday. The Baleine project is Cote d’Ivoire’s main offshore development and after the transaction is now owned by Eni with a 47.25% stake, Vitol with 30%, and Cote d'Ivoire’s oil company Petroci with a 22.75% interest. The sale of the minority stake to Vitol is part of Eni’s strategy to optimize its upstream ...

Ed Miliband was told by Future Energy Networks in a letter that the surge in interest in gas was due to 15-year wait times - Chris J Ratcliffe/Bloomberg Tech bosses are scrambling to hook their data centres to Britain’s gas network because of delays connecting to the electricity grid, energy suppliers have warned. Gas networks report a rising number of connection requests from energy-hungry data centres amid a surge in AI demands, with 86 enquiries received in the last year alone. In a letter to Ed Mi ...

Norway’s state-owned energy company Equinor has secured consent from the Norwegian Ocean Industry Authority (Havtil) to move forward with its Verdande development at the Norne field in the Norwegian Sea. The approval covers the start-up and use of Verdande, which will be tied back to the FPSO Norne, located about 80 kilometers north of the Heidrun field. Discovered in 1992, Norne was developed after approval of its plan for development and operation (PDO) in 1995. The field came online in 1997 via an FPSO ...

The Malaysian Court of Appeal has overturned a High Court injunction that allowed Shell MDS (Malaysia) to halt its monthly gas payments to national energy firm Petronas from August 2024, local media r... ...

Hess Midstream LP (NYSE:HESM) on Thursday, cut its financial and operational outlook for the coming years, citing a slowdown in drilling activity by Chevron Corp (NYSE:CVX) in the Bakken beginning in the fourth quarter of 2025. While oil volumes are projected to level off, the company sees gas throughput growth supporting earnings and capital returns to investors through 2027. The partnership now anticipates that Chevron will reduce its rig count in the Bakken from four to three in the fourth quarter of 2 ...

By Scott Murdoch SYDNEY (Reuters) - Santos CEO Kevin Gallagher said on Friday he has no plans to retire and expects a sharp jump in cash flow in the next few years to boost the Australian gas producer's shares, after its third suitor in seven years did not proceed with a takeover bid. An $18.7 billion bid for Santos by a consortium led by Abu Dhabi National Oil Company (ADNOC) collapsed on Wednesday over disagreements on commercial terms, which sparked analyst speculation that Gallagher, in the job since ...

By Scott Murdoch and Christine Chen SYDNEY (Reuters) - Australian gas producer Santos' shares fell nearly 14% on Thursday after a consortium led by Abu Dhabi National Oil Company scrapped its $18.7 billion bid for the company, saying commercial terms could not be agreed. While analysts raised concern about a third failed takeover bid for Santos in seven years, investors shrugged it off, saying the company was set to benefit from two projects due to start producing soon in Australia and Alaska. "They sho ...

核心观点 - 全球油气田产量递减率加速上升 对维持现有产量水平和能源安全构成挑战 需要持续投资来抵消供应损失 [1][2][3] 递减率现状与差异 - 全球油气田递减率呈现显著差异 中东陆上超级巨型油田年递减率低于2% 而欧洲较小海上油田年递减率超过15% [2] - 致密油和页岩气田递减更为急剧 首年无投资情况下产量下降超过35% [3] 投资需求分析 - 近90%的上游投资需用于抵消现有油田的供应损失 [2] - 若停止上游投资 石油供应减少量从2010年的400万桶/日增至当前550万桶/日 天然气减少量从1800亿立方米/年增至2700亿立方米/年 [3] 未来供应挑战 - 到2050年需新增超过4500万桶/日的石油和近2万亿立方米的天然气 相当于三大生产商总产量之和 [4] - 新油气田从勘探许可到首次生产平均需近20年 包括近10年发现期和10年评估审批建设期 [5] 行业影响 - 递减率问题成为油气投资讨论的核心议题 [2] - 维持当前产量水平必须开发新资源 [3] - 若油气需求下降可减少新增资源需求 [4]