Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
'This transaction positions TotalEnergies as the operator of Namibia's two largest oil discoveries and strengthens its position in the Orange Basin, supporting the long-term value creation from prolific licenses'.
Read MessageOil prices rose for another session on Tuesday, reaching three-month highs, Paolo Broccardo, CEO at BankPro, highlighted.
Read MessageIndustry body Offshore Energies UK said the industry urgently needs a firm date for HM Treasury's North Sea tax plan.
Read MessageAlexey Miller, chair of the state-owned company's management committee, said Russia's underground gas storage inventories will reach a new all-time high this year.
Read MessageThe Italian and Malaysian energy majors - partners with F1 teams - signed a collaboration agreement to test newer processes to produce biofuels for high-performance deployment.
Read MessageUndeterred by higher prices, importers shipped in 37.9 million tons last month, 6.2 percent more than in July, according to customs data.
Read MessageCanada had condemned Iran’s "destabilizing actions" in the Middle East, saying that it would work with partners to maintain significant pressure on Iran.
Read MessageOil prices rose Tuesday on worries over escalating Mideast tensions after the U.S. and Iran traded strikes over the weekend.
Read MessageDepleted oil and gas reservoirs and existing infrastructure across Africa could provide the foundation for a growing CCS industry, creating new value from upstream assets while supporting lower-emissions hydrocarbon production.
Read MessageBrent crude approached $98/bbl as Chinese buying returned to the market and global inventories tightened, with renewed Middle East attacks adding momentum to a rally that has lifted oil roughly 60% this year.
Read MessageArgentina is stepping up pressure over offshore oil development around the Falkland Islands as first production approaches, with Halliburton, SLB and Baker Hughes confirming they have no involvement in oil projects there.
Read MessageOil may rally to as much as $120 a barrel if attacks on shipping in the Middle East increase, according to Goldman Sachs Group Inc.
Read MessageKistos has taken ownership of producing Blocks 3 and 4 onshore Oman from Mitsui, marking its entry into the MENA region as its broader $148 million acquisition of three Oman blocks advances.
Read MessageDecom Engineering has secured nine mooring chain projects in 2026, with two-thirds supporting offshore installation campaigns as the company expands its cutting technology beyond decommissioning.
Read MessageRenewed attacks between the adversaries in the Iran war pushed oil prices up on Monday.
Read Message'With the acquisition now complete, Williams has established a premier Haynesville position that strengthens our ability to serve rapidly growing LNG, power and industrial demand along the Gulf Coast'.
Read MessageVenezuela's exit from the OPEC group is 'structurally likely' but not for now, Kpler Senior Commodity Analyst Homayoun Falakshahi outlined in a market update.
Read MessageWith elevated prices for crude oil, a major component of gasoline, the price at the pump is higher than it's ever been for the holiday weekend.
Read MessageGeoPark expects net production of about 400 million barrels from the redevelopment of the Bare Block, which currently produces around 11,000 barrels per day gross.
Read MessageUkraine says it hit oil processing plants in Russia's Perm region and Tatarstan overnight.
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