Medco Energi Internasional—backed by tycoon Hilmi Panigoro and his family—has agreed to buy Spanish energy giant Repsol’s 24% ...

Indonesian oil and gas operator Medco Energi Internasional has reached an agreement with Spanish energy company Repsol E&P to acquire a 24% stake in the Corridor Production Sharing Contract (Corridor ...

The turnover of the shares comes after a Manhattan judge ruled in 2023 that Argentina owed $16 billion to former minority ...

Oil markets are now refocused on OPEC production as the geopolitical concerns dim somewhat following the Iran-Israel ...

A U.S. judge has ordered Argentina to transfer its controlling stake in YPF to former minority shareholders, escalating a $16 ...

Spain’s Repsol has agreed to sell for $425 million its 24% interest in the mature Corridor production sharing contract ...

The news catapulted Repsol shares to a 14-year high and by 1256 GMT the stock was up 3%, outperforming the 0.4% gain in Europe’s broader oil & gas index. A deal would give Repsol the funds to ...

The legal action is part of Argentina's broader plan to appeal the 2023 New York court ruling favouring Petersen and Eton ...

REPYY sells its stake in Indonesia's Corridor Block to Medco for $425 million, sharpening the focus on high-return regions and realigning the global portfolio.

MedcoEnergi has agreed to acquire Fortuna International (Barbados), which holds an indirect 24 percent stake in the Corridor ...

Argentina on Monday urged London's High Court to pause enforcement of a $16 billion-plus United States court judgment over the expropriation of oil and gas company YPF, pending an appeal by the ...