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Press Release Database
Recent press releases, indexed by topic.
Finance · Energy
For exploration companies, the opportunity starts with acreage. South Sudan’s Ministry of Petroleum currently lists 14 open blocks, including A1, A2, A3, A4, A5, A6, B1, B4, C1, C2, D1, D2, E1 and E2, while existing exploration acreage includes B3, 5B and B2. Investors can access geological and block information through the ministry’s data-viewing and acquisition process.
The producing side of the market offers a different set of opportunities. South Sudan is targeting higher output from fields that have already been developed, creating demand for enhanced oil recovery, well intervention, drilling, production optimization, equipment and digital technologies. Greater Pioneer Operating Company (GPOC), for example, increased production to more than 60,000 barrels per day in May 2026, while national output was reported at around 174,000 bpd in June. The government has set longer-term ambitions of reaching 230,000 bpd in the short term and 450,000 bpd over time.
That creates a market for oilfield service companies and technology providers able to work across mature assets, from seismic and subsurface services to drilling, artificial lift, production chemicals, maintenance and field automation. Nilepet’s own mandate covers exploration, development, operations, production and facilities across the country’s joint operating companies, underscoring the breadth of technical engagement available to prospective partners.
Infrastructure is another area where commercial discussions are already moving. South Sudan’s experience with disruptions to crude exports through Sudan has reinforced the importance of resilient transportation and midstream systems. The United Nations documented the 2024 rupture and subsequent disruption to the Bashayer pipeline carrying Dar Blend crude. At the same time, the Ministry of Petroleum is seeking investment in pipelines, storage, distribution and related infrastructure.
Downstream development adds another layer. South Sudan is pursuing additional refining capacity, including projects around Tharjiath, Thiangrial and other locations, with the stated objective of increasing domestic fuel supply and reducing reliance on imports. A 2025 government announcement also said a mini-refinery in Unity State had become operational, illustrating the movement from project proposals toward physical downstream assets.
SSOP provides a setting for companies to meet directly with potential partners and decision-makers. The 2023 edition attracted more than 600 delegates from 24 countries and produced five strategic agreements covering areas including upstream exploration, drilling capacity, mining and regional energy cooperation. Participants included government ministers, international companies, financiers and energy institutions from Africa and beyond.
For companies looking at South Sudan, that network matters. SSOP 2026 will put prospective investors and suppliers in the same room as the Ministry of Petroleum, Nilepet, operating companies, financiers, project developers, technology providers and regional energy stakeholders. In a market where access to decision-makers, local partners and project information can be as important as capital itself, two days in Juba can provide a concentrated opportunity to identify where commercial discussions can move next.
To register for South Sudan Oil & Power 2026 in Juba on November 24–25, visit: https://SouthSudanOilPower.com/
Distributed by APO Group on behalf of Energy Capital & Power.
Oct 25 · 08:59·APO Group
Energy · Sustainability
Investment opportunities span electrified transport, renewable energy systems, smart grids and compact power modules, supported by local refining, long term partnerships and recycling.
Investment opportunities span electrified transport, renewable energy systems, smart grids and compact power modules, supported by local refining, long term partnerships and recycling.
Oct 23 · 14:13·GlobeNewswire
Finance · AI
DOVER, USA, Oct. 23, 2026 -- E-Power Inc. (“E-Power,” the “Company,” “we” or “our”) (NASDAQ: EPOW), a provider of advanced battery materials and AI Data Center (AIDC) microgrid solutions, today disclosed technical details of the mid-sulfur petroleum coke raw-material route used by its joint venture, Sunrise (Guizhou) New Energy Materials Co., Ltd. (“Sunrise Guizhou”), in its graphite anode materials for energy storage systems (“ESS”).
Oct 23 · 14:00·GlobeNewswire
Energy · Oil & gas
Equinor Energy AS has exercised one year option for the PSV vessels Havila Charisma and Havila Foresight
Following the exercise, Havila Charisma has contract until 16 December 2027, Havila Foresight until 1 January 2028.
Contacts:
Chief executive officer Njål Sævik. +47 909 35 722
Chief financial officer Arne Johan Dale, +47 909 87 706
Oct 23 · 13:51·GlobeNewswire
Retail · Fashion & luxury
Internal analysis reveals changing consumer motivations, growing market sophistication, and new trends shaping luxury watch trade-in activity SURFSIDE, FL, UNITED STATES, October 23, 2026 / EINPresswire.com / -- Trade-ins have become an increasingly important component of the luxury watch market as collectors seek greater flexibility when upgrading, refining, and diversifying their collections. Insights gathered from
Oct 23 · 13:00·EIN Presswire
Finance · Energy
Exercise of Options LONDON, UK / October 23, 2026 / Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO)(TSXV:EOG) , the oil and gas exploration company focused on the offshore Atlantic Margins, announces that it has received a notice of exercise in respect of stock options over 200,000 common shares of no-par value
Oct 23 · 12:45·ACCESS Newswire
Oil & gas
The Large Scale Lng Terminal Market size was valued at US$ 11.93 Billion in 2025 and is projected to reach US$ 38.58 Billion by 2033, growing at a CAGR of 15.80% during 2026–2033.. The retrieved public source material for this ...
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Oct 23 · 12:19·PR News Releaser
Finance · Energy
The Oil Pipeline Infrastructure Market size was valued at US$ 783.83 Billion in 2025 and is projected to reach US$ 1222.35 Billion by 2033, growing at a CAGR of 5.71% during 2026–2033. The retrieved public source material for this batch ...
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Oct 23 · 12:19·PR News Releaser
Oil & gas
Golar LNG Limited is pleased to announce the publication of its 2025 Environment, Social and Governance Report.
Oct 23 · 12:16·GlobeNewswire
AI · Energy
Libya’s efforts to increase oil and gas production are putting renewed attention on the technical expertise and workforce capabilities needed to support exploration, drilling and field development. The Society of Petroleum Engineers (SPE) Libya Section is contributing to that effort through its Young Professionals activities and engagement with university students.
SPE Libya’s Young Professionals network provides early-career members with opportunities for technical and professional development and links them into the wider SPE community. Ali Abu Ikhzam, founder and Young Professionals Chair of the SPE Libya Section, has also contributed to SPE’s international Young Professionals network and technical publications, with his work covering areas including digitalization and automation.
University-based SPE student chapters provide another route into the profession, giving students opportunities to engage with technical subjects, industry professionals and the wider petroleum engineering community. Such networks can provide an early connection between university training and the technical requirements of Libya’s upstream sector.
The focus on workforce development comes as Libya seeks to attract fresh investment into exploration. The National Oil Corporation’s general bidding round offered 22 exploration blocks, including 11 offshore blocks, as part of an effort to increase exploration activity and develop the country’s oil and gas reserves. The NOC said the round was designed to attract international companies into exploration and drilling while creating opportunities for local businesses and employment. The round has since concluded with international companies awarded investment opportunities.
These issues will feature at the Libya Energy & Economic Summit (LEES) 2027, where SPE International – Libya Section is an official supporting organization. The summit will take place in Tripoli from January 23–25, with SPE hosting a Technical Conference as part of the event’s program. The summit’s Knowledge Hub will also address upstream technologies, operational excellence, workforce development and project execution.
SPE Libya is also involved in the Energy JEEL initiative, a Ministry of Oil and Gas-led program focused on developing young Libyans through energy-related training and knowledge sharing. The initiative has trained more than 900 young people and is intended to build a pipeline of engineers, technicians and other energy professionals as Libya develops its oil, gas and broader energy sectors.
Youth development will also form part of LEES 2027’s In-Country Value Forum on January 24. The program is set to examine youth and women in energy, AI, workforce development and pathways for the next generation of Libyan energy professionals.
For SPE members, the summit provides access to operators, service companies, policymakers and international technical specialists in one setting. For students and young professionals, it also offers exposure to the projects, technologies and industry contacts that will become increasingly relevant as Libya develops new exploration opportunities and invests in existing assets.
LEES 2027 takes place in Tripoli from January 23–25. For more information visit https://LibyaSummit.com. To sponsor or participate as a delegate, contact sales@energycapitalpower.com.
Distributed by APO Group on behalf of Energy Capital & Power.
Oct 23 · 12:00·APO Group
Energy · Cloud & data centers
A 1,500 MW Combined Renewable Natural Gas and Biomass Power Plant and Water Supply Project Valued at Up to $1.66 Billion; Azure Holds a 10% Equity Stake
Oct 23 · 12:00·GlobeNewswire
Energy · Oil & gas
NEW YORK, Oct. 23, 2026 -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced ACT Energy Technologies Ltd. (TSX: ACX; OTCQX: ACXAF), a provider of directional drilling services to oil and natural gas companies in Canada and the United States, has qualified to trade on the OTCQX® Best Market. ACT Energy Technologies Ltd. upgraded to OTCQX from the OTCQB® Venture Market.
Oct 23 · 11:00·GlobeNewswire