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Results 50 articles shown
GE's Knack for Bad Timing Strikes Again
Tuesday, November 13, 2018 General Electric Co.'s plan to unravel its Baker Hughes stake smacks of desperation.
GE Looks to Speed Up Separation from Baker Hughes
Tuesday, November 13, 2018 The companies agree to a deal which frees up GE to begin selling Baker Hughes stock.
US Majors Said to Mull Bids for Endeavor Energy
Tuesday, November 13, 2018 Chevron and Exxon are among the companies considering first-round bids this month for Endeavor Energy Resources, according to people with knowledge of the matter.
ADNOC and Aramco Sign Gas Pact
Monday, November 12, 2018 ADNOC signs a framework agreement with Saudi Aramco to explore potential opportunities for collaboration in the natural gas and LNG sectors.
Oasis Petroleum Sells Assets to Oasis Midstream
Friday, November 09, 2018 Oasis Midstream Partners LP is buying assets from Oasis Petroleum Inc. for $250 million.
3T Energy Group Buys Survivex
Friday, November 02, 2018 Global technology and training organization, 3T Energy Group, acquires offshore training company Survivex.
Encana to Acquire Newfield for $5.5 Billion
Thursday, November 01, 2018 Encana reverses course with a $5.5 billion acquisition of a US shale producer in what will be the company's biggest-ever deal.
Chesapeake Buys WildHorse for Almost $4B
Tuesday, October 30, 2018 Oklahoma-based Chesapeake Energy will acquire WildHorse, which operates in the Eagle Ford and Austin Chalk. (Pictured: Chesapeake's CEO Doug Lawler)
Denbury Acquires Penn Virginia in $1.7B Deal
Monday, October 29, 2018 Denbury Resources Inc. has entered into a definitive merger agreement to acquire Penn Virginia Corporation in a $1.7 billion deal.
European Majors Team Up to Explore Algeria Offshore
Monday, October 29, 2018 Eni, Total and Sonatrach sign 2 agreements which include an exclusive partnership for offshore exploration in Algeria.
Australian Firm Takes 1st Step in North Sea Push
Friday, October 26, 2018 Talon Petroleum Limited enters into an agreement with Corallian Energy Limited to earn a 10% stake in License P2396.
Big Oil Woos China With $24B Spree
Thursday, October 25, 2018 A Chinese archipelago that served as a pirate's den in centuries past is luring the world's energy giants.
Plan Submitted for 2014's Largest Oil Find
Thursday, October 25, 2018 The development and exploitation plan for the SNE field offshore Senegal has been submitted on schedule to the government.
Saudi Aramco Signs Deals Worth Over $34B
Wednesday, October 24, 2018 Saudi Aramco signs 15 Memoranda of Understanding and strategic and commercial collaborations valued at more than $34 billion.
Petronas Buys into Khazzan Field
Monday, October 22, 2018 Oman Oil Company Exploration and Production has agreed to sell a 10% stake in Block 61, where the Khazzan field is located, to PC Oman Ventures, a wholly owned subsidiary of Petronas.
Jacobs Sells Energy Segment for $3.3B
Monday, October 22, 2018 Jacobs Engineering Group agrees to sell its Energy, Chemicals and Resources segment to WorleyParsons Limited for $3.3 billion.
Russia Is Said to Offer Exxon New Projects
Friday, October 19, 2018 Russia is said to offer ExxonMobil new projects as U.S. sanctions loom.
Tallgrass and Silver Creek Grow Powder Basin JV
Wednesday, October 17, 2018 Midstream companies Tallgrass Energy and Silver Creek Midstream are expanding their joint venture in Wyoming's Powder River Basin.
Carlyle Group Buys EnerMech
Tuesday, October 16, 2018 Aberdeen-headquartered EnerMech has been acquired from Lime Rock Partners by global alternative asset manager The Carlyle Group for an undisclosed sum.
Engie and Caisse Said to Plan $9B Pipeline Bid
Monday, October 15, 2018 Engie SA and a Canadian pension fund plan to offer as much as $9 billion for Petrobras' natural gas pipeline network, according to people with knowledge of the matter.
Abu Dhabi Scraps Cepsa IPO
Monday, October 15, 2018 Abu Dhabi shelves plans for an initial public offering of a 25% stake in Spanish oil refiner Cepsa.
Murphy Oil and Petrobras to Form Gulf of Mexico JV
Thursday, October 11, 2018 The companies have entered into a joint agreement to combine both companies' Gulf of Mexico assets.
New Energy Experts to Help Scottish Companies
Thursday, October 11, 2018 The Scottish government announces that 5 international market specialists are to be appointed to support Scottish companies to maximize export opportunities in the energy supply chain.
Precision Drilling to Pay $1B for Trinidad Drilling
Monday, October 08, 2018 The acquisition will create the third largest drilling contractor in the US.
Ensco and Rowan to Merge in $12B Deal
Monday, October 08, 2018 The companies have entered into a definitive transaction agreement to create an offshore drilling powerhouse.
Aramco and Total Progress $9B Petrochem Project
Monday, October 08, 2018 Saudi Aramco and Total sign a joint development agreement for the front-end engineering and design of a giant petrochemical complex in Jubail, Saudi Arabia.
BHGE to Acquire $550MM Stake in ADNOC Drilling
Monday, October 08, 2018 BHGE and ADNOC sign a strategic partnership agreement that will see BHGE acquire a 5% stake in ADNOC's subsidiary, ADNOC Drilling, for $550 million.
Saudi Crown Prince Vows Aramco IPO by 2021
Monday, October 08, 2018 Saudi Arabia's crown prince insists the stalled plan to sell shares in oil giant Aramco will go ahead, promising an initial public offering by 2021.
LNG Canada Project Seen as First of Many
Wednesday, October 03, 2018 The Canadian energy industry is already hoping that the LNG Canada project will be the first of many such plants on the country's Pacific Coast.
Husky Makes $2.6B Hostile Bid for MEG Energy
Monday, October 01, 2018 Husky Energy has made a $2.6 billion hostile bid for MEG Energy Corp.
Neptune Energy Buys VNG Norge
Monday, October 01, 2018 Neptune Energy Group completes the acquisition of VNG Norge AS.
Shell's LNG Canada Sprints Ahead
Friday, September 28, 2018 The multi-billion dollar development moves one step closer to a final approval.
Wintershall and DEA to Merge
Friday, September 28, 2018 BASF and LetterOne sign an agreement to merge their respective oil and gas businesses.
Total to Increase DUC Stake
Wednesday, September 26, 2018 Total agrees to purchase from Chevron all the share capital of Chevron Denmark Inc.
Shareholders Approve MPC and Andeavor Merger
Tuesday, September 25, 2018 Shareholders of both Marathon Petroleum Corp (MPC) and Andeavor have voted to approve the strategic combination of the 2 companies, MPC reveals.
OGCI Sets First Collective Methane Target
Tuesday, September 25, 2018 The Oil and Gas Climate Initiative has set its first collective methane target for member companies.
Pemex Signs Landmark Offshore Deal
Friday, September 21, 2018 Pemex and a three-way JV have struck what is reportedly the first pre-unitization agreement ever signed in Mexico.
UKCS Player Signs $400MM Acquisition Agreement
Friday, September 21, 2018 Verus Petroleum signs an agreement for the acquisition of Cieco Exploration & Production (UK) Limited, a wholly owned subsidiary of ITOCHU Corporation.
Riverstone is Planning $900MM Sale of Abaco Energy
Wednesday, September 19, 2018 Riverstone Holdings is preparing to sell oilfield services equipment company Abaco Energy Technologies, which could fetch about $900 million, according to people with knowledge of the matter.
Gazprom Neft Joins Forces with CNPC to Develop EOR Tech
Thursday, September 13, 2018 Gazprom Neft announces that it has joined forces with China National Petroleum Corporation to develop enhanced oil recovery technologies.
OMV Intends to Acquire 50 Percent Stake in Sapura Upstream
Wednesday, September 12, 2018 OMV announces Wednesday that it intends to acquire a 50% interest in Sapura Energy Berhad's wholly owned subsidiary, Sapura Upstream Sdn Bhd.
Talos Energy to Buy Whistler Energy in $52 Million Deal
Tuesday, September 04, 2018 The deal will result in Talos acquiring additional assets in the Central Gulf of Mexico.
Transocean Banks on Ultra-Deepwater Recovery with Ocean Rig Deal
Tuesday, September 04, 2018 Transocean and Ocean Rig's merger could wrap up early next year.
Eclipse, Blue Mountain to Merge, Creating $1.4B Appalachia-Focused Company
Wednesday, August 29, 2018 Two E&P companies with heavy focus in the Utica and Marcellus have agreed to a merger.
Enbridge To Buy Spectra Energy For $3.3B
Friday, August 24, 2018 Enbridge says would buy its US master limited partnership Spectra Energy Partners for a sweetened deal of $3.3 billion.
Santos to Buy Quadrant Energy for $2.15B
Wednesday, August 22, 2018 Australia's Santos announces the acquisition of 100% of Quadrant Energy for $2.15 billion plus potential contingent payments.
Maersk to Pursue Separate Listing of Maersk Drilling
Friday, August 17, 2018 Maersk decides to pursue a separate listing of Maersk Drilling on Nasdaq Copenhagen A/S in 2019.
Diamondback's Energen Acquisition Will Create Synergies in Permian
Wednesday, August 15, 2018 Diamondback's purchase of rival Energen signifies a move toward consolidation, according to Rystad Energy.
Billionaires Throw Weight Behind Oil Rally
Wednesday, August 15, 2018 The recovery in the oil industry is attracting some of the most recognized billionaires in money management.
Diamondback To Buy Energen In $9.2B Deal To Boost Permain Presence
Tuesday, August 14, 2018 Diamondback Energy says it will buy Energen Corp in an all-stock deal valued at $9.2 billion.