News By Topic
- Analysis & Trends
- Capital Budget Annoucements
- Commodity Prices
- Company Mergers, Acquisitions, & JVs
- Data Driven
- Drilling / Rig
- Earnings Reports
- Education and Training
- Engineering & Science
- Field Development
- Govt & Regulatory
- Health, Safety & Environment
- LNG & Trends
- New Products & Services
- Oil Sands
- Oilfield Services
Results 50 articles shown
Report: EMU Deal Activity Shifting Toward Power, Utilities
Tuesday, April 24, 2018 Energy, mining and utilities deals have long been dominated by oil and gas transactions, but now they appear to be moving closer toward the power and utilities space.
Saipem Scouting Around as Subsea 7 Bid Makes Waves
Tuesday, April 24, 2018 Italian oil services group Saipem is looking round for growth opportunities.
Libya Examines Total-Marathon Purchase, Casting Doubt On Deal - Sources
Monday, April 23, 2018 Libya is considering whether to intervene in a $450 million deal that French major Total announced last month to buy a Marathon Oil stake in the country's Waha concessions, several sources tell Reuters.
Subsea 7 Makes $2B Hostile Bid To Break Up Mcdermott's U.S. Deal
Monday, April 23, 2018 Offshore oil services firm Subsea 7 makes an unsolicited offer for U.S. rival McDermott for about $2 billion, potentially breaking up the U.S. company's agreed deal with Chicago Bridge & Iron.
Yorktown Selling Egypt Oil Business Merlon -Sources
Friday, April 20, 2018 Private equity firm Yorktown Partners is selling its Egyptian-focused oil and gas company Merlon International, hoping to raise up to $400 million, 2 banking sources told Reuters.
Wood, Cisco, Roue Open New O&G Advanced Technology Center in Mexico
Friday, April 20, 2018 Wood, Cisco and Roue Consultores open a new oil and gas Advanced Technology Center (ATC) at Wood's operations center in Naucalpan, Mexico.
Now France's Oil Major Is Getting Ready for an Electric Future
Thursday, April 19, 2018 Total's action follows a similar utility acquisition by Royal Dutch Shell Plc in December.
BP, RIL Sanction Second Phase of KG D6 Development
Thursday, April 19, 2018 BP plc and Reliance Industries Limited announce the sanctioning of the 'Satellite cluster' project in Block KG D6, located offshore India.
UK's Weir To Buy U.S. Mining Tools Maker ESCO For $1.05B
Thursday, April 19, 2018 Weir Group Plc, which makes pumps and valves for mining and energy industries, says it will buy ESCO Corp, a U.S.-based maker of equipment parts, for an equity value of $1.05 billion.
Greece Launches Tender To Sell Majority Stake In Hellenic Petroleum
Wednesday, April 18, 2018 Greece launches an international tender to sell a majority stake in Hellenic Petroleum as part of its third international bailout.
Woodside Sees New Momentum On Long-Delayed Browse Gas Project
Wednesday, April 18, 2018 The long-delayed Browse gas project off Western Australia has gained key support.
Italy's Eni Plans Investments In Algeria Worth Billions In Next Three Years
Tuesday, April 17, 2018 Eni plans billions of investments in Algeria over the next 3 years, the company's CEO says.
BP, Petrobras Form Strategic Alliance
Friday, April 13, 2018 BP plc signs a memorandum of understanding to explore areas of cooperation with Petróleo Brasileiro S.A.
Maersk Drilling, Maersk Supply Service Establishing JV Decom Company
Thursday, April 12, 2018 Maersk Drilling is establishing a 50:50 joint venture (JV) decommissioning company with Maersk Supply Service.
India, Aramco To Partner On $44B Refinery-Petchem Project
Wednesday, April 11, 2018 Saudi Aramco signs an initial deal with a consortium of Indian refiners to build a $44 billion refinery and petrochemical project on India's west coast.
India Prepared to Give Saudi Aramco 50 pct Stake in Planned Mega Refinery
Tuesday, April 10, 2018 India is set to grant Saudi Aramco a 50 percent stake in a planned 1.2 million barrels per day west coast refinery - a move that would give the kingdom a new stable outlet for its oil.
BP Teams Up with Tesla to Venture into Battery Storage for Windfarm
Tuesday, April 10, 2018 BP has teamed up with Tesla to build its first battery storage project at one of its U.S. windfarms as part of a strategy to expand its renewable energy business.
Exxon, Qatar in Talks for Potential US Shale Deal - Report
Tuesday, April 10, 2018 Exxon Mobil is in talks with Qatar over a possible deal that could see the country investing in the company's U.S. gas resources, the Wall Street Journal reported, citing people familiar with the matter.
Oil Major Total and Aramco Sign $5B Deal to Build Jubail Petrochem Complex
Tuesday, April 10, 2018 French oil and gas major Total signed a $5 billion deal with Saudi Aramco to build a giant petrochemical complex at their 440,000 barrels-per-day Jubail Satorp refinery.
As Prince Visits, Saudi Aramco to Sign $10 bln of Deals in France
Monday, April 09, 2018 Saudi Aramco will sign eight deals worth $10 billion with French firms, the chief executive of the state-run oil giant said.
Saudi Aramco, Total to Sign Refinery Expansion Deal Next Week - Sources
Thursday, April 05, 2018 State oil giant Saudi Aramco and French oil major Total plan to sign an agreement next week for the expansion of their joint venture refinery in Saudi Arabia, sources familiar with the matter told Reuters.
Norway's DNO Again Raises Faroe Stake, Holds 27.7%
Thursday, April 05, 2018 Norwegian oil firm DNO increases its stake in Britain's Faroe Petroleum, boosting its holding to 27.7%.
Greece, Paneuropean Oil Agree To Divest In Hellenic Petroleum
Wednesday, April 04, 2018 Greece and Paneuropean Oil and Industrial Holding agree to divest a combined stake of at least 50.1% in Hellenic Petroleum, Greece's biggest oil refiner, via an international tender.
Santos To Open Books To Harbour Energy After Unsolicited $10.4B Bid
Tuesday, April 03, 2018 Santos says it will 'engage with' Harbour Energy after receiving a $10.4 billion takeover offer from the US company.
ReNew Power Buys Ostro Energy in One of India's Biggest Clean Energy Deals
Monday, April 02, 2018 ReNew Power, backed by Goldman Sachs and Canada Pension Plan Investment Board (CPPIB), said it has acquired Ostro Energy Private Ltd, backed by London-based Actis LLP, in one of India's biggest renewable energy deals.
Saudi Market Rules Ready For Aramco IPO By End-June - CMA Chairman
Thursday, March 29, 2018 Saudi Arabia expects to unveil by the end of June rules to prevent large share price drops in newly-listed companies, the final regulatory step for the listing of oil giant Saudi Aramco.
Oil Producer Concho To Buy Rival RSP In Permian Push
Wednesday, March 28, 2018 Concho Resources to buy smaller rival RSP Permian Inc in an all-stock deal valued at about $8 billion.
OPEC Seeks 'Very Long-Term' Cooperation With Other Oil Exporters
Wednesday, March 28, 2018 OPEC is seeking 'very long-term' cooperation with other crude exporters, the secretary general of the oil exporting group says.
Saudi Aramco Announces $10B Partnerships with 14 American Companies
Wednesday, March 28, 2018 Saudi Aramco announces commercial partnerships worth over $10 billion with 14 American companies during the Saudi-US CEOs forum held in New York.
Providence, Lansdowne Partner with APEC for Barryroe Field Development
Wednesday, March 28, 2018 Providence Resources and Lansdowne Celtic Sea Limited sign a farm-out agreement with privately owned Chinese company APEC, for Standard Exploration License 1/11.
OGIC Investing in New Oil, Gas Technology
Monday, March 26, 2018 OGIC invests more than $426,000 into 3 new projects 'which have the potential to cut operational costs and improve efficiency in the oil and gas industry'.
Mubadala Advances $1B Malaysia Pegaga Gas Field Project
Wednesday, March 21, 2018 Mubadala Petroleum, Petronas and Royal Dutch Shell will spend more than $1 billion to develop Malaysia's Pegaga gas field.
Poland's PGNiG To Cooperate With Pakistani Gas Firm On Upstream Projects
Monday, March 19, 2018 Poland's leading gas company agrees to cooperate on upstream projects with Pakistan's Mari Petroleum Company.
Bibby Offshore Group to Merge with Rever Offshore
Monday, March 19, 2018 Fara Holdco Limited, the owners of the Bibby Offshore group of companies, announces a merger with Rever Offshore AS.
Total Signs 40-Year Offshore Concession Agreements for $1.4B
Monday, March 19, 2018 Total S.A signs 2 new 40-year concession agreements with the Supreme Petroleum Council of the Emirate of Abu Dhabi and the Abu Dhabi National Oil Company.
Spain's Cepsa Owner Looking At Potential IPO Or Sale - Spokeswoman
Friday, March 16, 2018 The sole owner of Spanish oil and gas company Cepsa is considering a public listing or sale of a stake in the company, a Cepsa spokeswoman says.
Saudi Petrochemical Producers Plan to Return to Merger Table
Tuesday, March 13, 2018 Sahara Petrochemical Co. and Saudi International Petrochemical Co. plan to resume talks about a potential merger, four years after a tie-up was put on hold.
Kazakhstan Offers Stake In State Oil Firm To Shell - Sources
Tuesday, March 13, 2018 Kazakhstan's sovereign wealth fund offers Shell the chance to buy a significant minority stake in national oil company KazMunayGaz to make its planned flotation more attractive to foreign investors, Reuters reports.
UK Officials Told That Aramco IPO Unlikely Until 2019 -FT
Monday, March 12, 2018 British officials have been informed by their Saudi counterparts that oil giant Saudi Aramco's initial public offering is likely to be delayed until 2019, the Financial Times reports.
Total Completes Maersk Oil Acquisition
Thursday, March 08, 2018 Total S.A completes the acquisition of Maersk Oil, which has resulted in the company becoming the 2nd largest operator in the North Sea.
Shrinking Gas Giant Engie Eyes Deals To Stem Earnings Loss
Tuesday, March 06, 2018 Engie is looking at big acquisitions that will generate cash, in a strategy switch following the sale of 15 billion euros of assets that have shrunk its earnings base, according to 2 sources close to the company.
Kuwait Energy Confirms Termination of Merger Discussions
Tuesday, March 06, 2018 Kuwait Energy confirms that merger discussions with SOCO International plc have been terminated.
KCA Deutag Enters Combination Agrement with Dalma Energy
Tuesday, March 06, 2018 KCA Deutag enters into an agreement with the shareholders of Dalma Energy to combine their respective businesses.
SOCO International Says Ends Deal Talks With Kuwait Energy
Monday, March 05, 2018 SOCO International ends merger talks with Kuwait Energy after failing to agree terms.
Energean Israel Signs $1.2B Facility Agreement to Fund Karish Project
Monday, March 05, 2018 Energean Israel signs a $1.275 billion facility agreement with 4 international banks to finance the development of the Karish offshore gas field.
Brazil's Petrobras To Seek IPO For Gas Distribution Unit -Paper
Friday, March 02, 2018 Petroleo Brasileiro SA decides to launch an initial public offering for its Liquigas gas distribution unit after competition watchdog Cade vetoed its proposed sale to Ultragaz, a local paper reports.
Philippines Earmarks 2 Sites For Possible Joint Oil Exploration With China
Friday, March 02, 2018 The Philippines identifies 2 areas in the South China Sea where joint exploration for oil and gas may be undertaken with China.
Poland's Plan To Merge State Oil Refiners Faces Opposition In Gdansk
Thursday, March 01, 2018 The Polish government's proposal to merge the country's two state oil refiners faces opposition from the mayor of Gdansk.
DEA Chief Expects To Sign Wintershall Merger In March Or April
Thursday, March 01, 2018 A final deal to merge German oil firm Wintershall and DEA will likely be signed in March or April, DEA Chief Executive Maria Moraeus Hanssen says.
OMV to Divest Upstream Business in Pakistan
Thursday, March 01, 2018 OMV agrees to sell its upstream business in Pakistan to Dragon Prime Hong Kong Limited for a consideration of $191 million (EUR 157 million).