Galp Energia is expanding upstream exploration in frontier markets such as Namibia and São Tomé and Príncipe amid resilient global oil demand. “The world has changed,” said a board member on Tuesday. “The energy transition is happening, but Europe still needs fossil fuels.”
BW Energy pulls capex guidance as rig loss stalls Gabon drilling
BW Energy has suspended its 2026 capital expenditure guidance, previously $600 million to $650...
