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Repsol sells exploration and production assets in Canada

The company has agreed to sell its oil and gas assets in Canada to Peyto for US$468 million (approximately €433 million) as part of its ongoing portfolio management to focus activity on core regions.


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ADNOC to acquire 30% equity stake in Absheron gas field

Abu Dhabi National Oil Company (ADNOC), the State Oil Company of Azerbaijan (SOCAR) and TotalEnergies have announced a strategic transaction that will see ADNOC acquire a 30% equity stake in the Absheron gas and condensate field in the Caspian Sea.