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Oil & gas news

 

Zenith Energy Ltd signs SPA for acquisition of OMV Yemen

The company has entered into a share purchase agreement with OMV Exploration and Production GmbH to acquire 100% of the outstanding share capital of OMV (Yemen Block S 2) Exploration GmbH, OMV Jardan Block 3 Upstream GmbH and OMV Block 70 Upstream GmbH.

 
 
 
 

Senex Energy pauses AUS$1 billion expansion

APPEA has said that the government’s heavy-handed reforms introduced without proper consultation had, in less than a week, dealt a blow to new east coast domestic gas supply and future energy security.