Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
The pre-revenue startup said it has made 'substantive' progress in pre-development work for a proposed advanced nuclear power plant with a capacity of one gigawatt in Louisiana.
Read MessageSapphire acquired a small-scale liquefied natural gas production facility in Ehrenberg, Arizona, part of its efforts to establish a leading vertically integrated merchant LNG platform in the U.S.
Read MessageRoseton's 'scale and existing grid infrastructure make it an ideal candidate for co-location development into a robust energy campus, including new energy storage systems', PowerTransitions said.
Read MessageLow-cost Appalachian and Canadian natural gas supplies coupled with lower-than-usual regional consumption have pushed down natural gas prices at a major New England pricing hub in recent months to trade at a discount to the widely cited U.S. benchmark, Henry Hub.
Read MessageBrent crude topped $100/bbl for the first time since July after the U.S. destroyed five Iranian tankers, adding fresh supply concerns as Chinese crude buying rebounds and global inventories decline.
Read MessageAnalysts at HSBC, including Senior Global Oil and Gas Analyst Kim Fustier, revealed that they had raised their 2026 oil price forecast by $10 per barrel and their 2027 oil price forecast by $20 per barrel.
Read MessageElia Transmission Belgium signed a record EUR 1 billion (around $1.16 billion) credit facility with the European Investment Bank for an artificial energy island project in the North Sea.
Read MessageThe Brent oil price rose above $100 per barrel for the first time since July.
Read MessageIraq is seeking a significant increase in the country's oil production quota as OPEC and its allies conduct a review of members' capacities aimed at determining how much they can pump next year, according to people familiar with the matter.
Read MessageOil prices rose on Wednesday as escalating tensions between the U.S. and Iran fueled concerns over further disruptions to Middle East energy supplies,
Read MessageOil rose as fresh Middle East strikes heightened concerns about global supply disruptions.
Read MessageVenezuelans are deeply divided over the Trump administration's oil deal with the country's interim authorities.
Read MessageWhite Fleet Drilling’s WFD 450 has begun a multi-well program for Arena Energy on the Gulf shelf following a $65 million acquisition and refurbishment, extending the operator’s drilling reach to previously inaccessible assets.
Read MessageUnity deployed a custom thru-tubing inflatable cement retainer to isolate a technically challenging well in Italy after conventional cement squeeze operations failed to overcome a thief zone behind the slotted liner.
Read MessageSaudi Arabia temporarily halted operations at several energy facilities after Houthi missile and drone attacks sparked fires in the kingdom’s south, escalating concerns over regional oil supplies as Brent approaches $100/bbl.
Read MessageTamarack Valley Energy and Headwater Exploration will combine in a US$7.2-billion (C$10 billion) all-stock deal, creating a major Canadian oil producer with more than 80,000 boed of run-rate production and over 300 MMboe of 2P reserves.
Read MessageMcDermott has won a substantial subsea contract from Eni for the Cronos gas field development offshore Cyprus, with the company classifying the award at between $500 million and $750 million.
Read MessageTamboran and Formentera Partners began initial gas sales from the Shenandoah South Pilot Project, introducing the Beetaloo Basin as a supplier for Australia's Northern Territory.
Read MessageNorth America dropped seven rigs week on week, according to Baker Hughes' latest North America rotary rig count.
Read MessageSaudi Arabia halted several energy facilities in the south.
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