Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
Laredo Oil has signed a non-binding LOI with an Argentine oil operator to evaluate potential deployment of its Underground Gravity Drainage technology at mature conventional oil fields.
Read MessageShell has completed the sale of its Na Kika and Coulomb interests in the Gulf of America to Talos Energy and Ridgewood, receiving approximately $840 million in cash proceeds.
Read MessageOil slipped as Saudi Arabia moved to restart its East-West pipeline and traders weighed US-Iran diplomacy.
Read MessageFrench President Emmanuel Macron called on European Commission President Ursula von der Leyen to relax rules on oil products like diesel and kerosene.
Read MessageSuperior Energy Services has agreed to acquire Welltec International, adding robotic well intervention and proprietary completions technologies while expanding its international and offshore footprint.
Read MessageAbu Dhabi’s XRG is exploring a potential stake in the Shell-led LNG Canada project as the ADNOC-backed company pursues its goal of becoming a top-five global natural gas supplier.
Read MessagePetrobras, Shell and Strohm have completed qualification and offshore trials of a corrosion-resistant TCP flowline, clearing the way for a Petrobras pilot in Brazil’s pre-salt in early 2027.
Read MessageThe UK risks losing skilled North Sea oil and gas workers before new energy industries can absorb them, a Taskforce warns, calling for earlier tax reform to protect investment and industrial capacity.
Read Message'Five projects will conduct field-scale enhanced geothermal systems tests to validate technologies under real-world conditions, while 16 additional projects will conduct exploration drilling'.
Read MessageGlobal upstream mergers and acquisitions activity is on course to exceed last year's $175 billion total, Rystad Energy announced.
Read MessagePublicly traded companies represent a tiny share of the total number of companies producing crude oil and natural gas in the United States, but they make up a large share of U.S. production. In 2025, publicly traded companies accounted for just 2% of about 12,000 oil and natural gas producers but produced 68% of the...
Read MessageSaudi Arabia is in the early stages of starting up a key oil pipeline, people familiar with the matter said.
Read MessageVenture Global secured a new agreement to supply 0.5 million metric tons per annum of United State liquefied natural gas to China Gas for 20 years from 2030.
Read MessageThe Houston-based energy projects contractor raised $1.05 billion in share and debt instrument sale proceeds.
Read MessageTexas upstream employment rose in August, the Texas Independent Producers and Royalty Owners Association (TIPRO) highlighted.
Read MessageThe decrease comes as another strike looms.
Read MessageU.S. diesel surged again over the last week, GasBuddy highlighted.
Read MessageSeveral Asian refiners have been told informally by Saudi Aramco they will soon be able to pick up oil from the Red Sea port of Yanbu, according to traders familiar with the matter.
Read MessageU.S. President Donald Trump said Russia has “lost control” of its diesel oil industry due to the Ukraine war, as he presses Kyiv to agree to an energy truce.
Read MessageOil rose Tuesday, amid concerns of growing Iran-U.S. tensions. after U.S. Treasury Secretary Scott Bessent told CNBC that all Iranian airlines will be shut down from Wednesday.
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