Archivos diarios: 19 septiembre, 2025

MedcoEnergi to acquire stake in Repsol’s South Sumatra assets

Photo: freepik South East Asian energy and natural resources company MedcoEnergi has agreed to acquire operating interests in two production sharing contracts (PSCs) in South Sumatra, Indonesia, from Repsol, for up to $90m (Rp1.49trn). Under the terms of the deal, Medco will acquire a 45% stake in the Sakakemang PSC and an 80% interest in…

Big Oil Returns To Exploration With A Bang

Photo: Freepik Energy security and affordability have trumped fears of stranded assets in recent years, prompting the world’s biggest international oil and gas firms to shift focus back to exploration after years of trying to develop clean energy solutions. Big Oil has scaled back investments in renewables, at least those majors that tried to become…