Penspen delivers record year with $500m in contract awards in 2025 – up 120% year-on-year
Chief Executive Officer, Peter O’Sullivan: “2025 stands out as one of the strongest commercial and delivery years in Penspen’s history.”
All Simon Gonzalez publications
Citgo will continue to be protected by the U.S. in the face of creditor claims until March
Citgo will be able to continue operating without risk of seizure while the U.S. government analyzes the future of its ownership.
Natural gas prices fall 20% on mild weather forecast
February is expected to be warmer in the United States, triggering a plunge in natural gas prices after weeks of strong volatility.
Octopus Energy lands in China with a partnership with PCG Power
UK's Octopus Energy launches Bitong Energy in partnership with PCG Power to market renewable energy in China
Chevron bets on Venezuela after exceeding earnings expectations
Chevron reinforces its strategy in Latin America as it consolidates its operational efficiency and seeks to expand its oil operations in Venezuela.
BPCL targets renewable investments overseas
BPCL is boosting its global strategy with acquisitions and investments in renewable energies, while maintaining its expansion in fossil fuels.
Seadrill extends West Saturn contract with Equinor to 2027
Seadrill adds $114 million to its portfolio with extension of agreement for offshore operations in Brazil
Fuel production in Mexico puts pressure on U.S. refineries.
Mexico's reduced energy dependence hits U.S. exporters in the face of a gasoline glut without a buyer.
Citgo buys Venezuelan oil again at key moment
A purchase that breaks a trade veto that had lasted since 2019.
Energy paradox: U.S. resorts to LNG imports in the face of winter crisis
The energy companies are taking advantage of the maximum spot prices by importing LNG from Trinidad to terminals such as Cove Point, in an atypical move that reveals the tension in the market.
Shell and BP seek U.S. licenses to extract gas in Venezuela
Both companies are requesting U.S. permission to operate in joint fields, key to supplying Trinidad and Tobago's energy deficit.
Adani Power increases power supply to Bangladesh
The Indian company covers 15.6% of Bangladesh's energy matrix despite the deterioration of relations between the two countries.