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
DEA Completes Sierra Acquisition
Friday, March 22, 2019 DEA Deutsche Erdoel completes the acquisition of 100 percent of the shares of Sierra Oil & Gas.
Medco Raises Offer for Ophir Takeover
Thursday, March 21, 2019 Indonesian company Medco has upped its takeover offer for London-based Ophir Energy.
Williams, CPPIB to Form $3.8B Shale Gas JV
Tuesday, March 19, 2019 Canada Pension Plan Investment Board and Williams have entered into a long-term partnership that will help Williams optimize its midstream operations in the western Marcellus and Utica basins.
Precision Drilling to Sell All Mexico Assets
Monday, March 18, 2019 Precision Drilling is selling five Mexico-based drilling rigs for $48 million.
Carrizo, SM Energy in Talks to Team Up
Monday, March 18, 2019 The talks come as volatile oil prices put pressure on small and midsize energy explorers to pair up to cut costs.
Shell on the Prowl for Permian Deals
Monday, March 11, 2019 Shell is eyeing takeovers to take advantage of smaller drillers squeezed by costs and investors hungry for returns.
Eni Inks Farmout Deal with Qatar Petroleum for Mozambique Block
Monday, March 11, 2019 Eni and Qatar Petroleum have entered into a farmout agreement which will allow Qatar Petroleum a 25.5 percent participating interest in Block A5-A offshore Mozambique.
Permian Shale Primed For Mergers and Acqusitions
Monday, March 11, 2019 The Permian Basin is on the cusp of a radical transformation with one simple premise: bigger is better.
Canadian Oil Price Collapse has Driller Mulling a Sale
Wednesday, March 06, 2019 Pengrowth Energy Corp. is considering selling itself as the driller moves to lighten its debt load.
IOG Rejects RockRose Proposal
Wednesday, March 06, 2019 IOG confirms that it received and 'promptly rejected' an unsolicited pre-conditional proposal from RockRose Energy for a possible cash offer for the entire issued share capital of the company.
Total Buys 10 Percent Stake in Arctic LNG 2
Tuesday, March 05, 2019 Total signs definitive agreements with Novatek for the acquisition of a direct 10% interest in Arctic LNG 2.
Saudis Eyeing $4B Deal for OCI Methanol Assets
Monday, March 04, 2019 Saudi Arabia hopes to tap into growth in demand for chemicals like methanol, and is seeking more acquisitions.
Bidders Surface In BP's $7B US Shale Sale
Friday, March 01, 2019 BP's sale of a portfolio of U.S. onshore shale assets is progressing.
RockRose to Buy Marathon Oil's UK Business
Tuesday, February 26, 2019 RockRose signs an agreement to acquire 100 percent of Marathon Oil U.K. and Marathon Oil West of Shetland Limited from subsidiaries of Marathon Oil Corporation.
Delaware Judge Could Play Key Role in Citgo Battle
Friday, February 22, 2019 The leadership crisis in Venezuela could lead to an odd legal situation in the U.S.
Ensco and Rowan Merger Given Final Approval
Thursday, February 21, 2019 More than four months after originally announcing their plans to merge, offshore drilling contractors Ensco plc and Rowan Companies plc Rowan Companies plc have been given the final green light.
Wintershall, DEA Plan to Axe 1,000 Jobs
Thursday, February 21, 2019 After Wintershall and DEA complete their merger this year, the newly formed company will be cutting 1,000 jobs.
Ophir Adviser Joins Efforts to Disrupt Takeover
Thursday, February 21, 2019 One of Ophir Energy's earliest investors is adding to pressure the exploration company is facing over a takeover plan.
Permian Player May Be Too Big To Sell
Wednesday, February 20, 2019 Consolidation has been a hot topic in the Permian Basin.
PTTEP Boosts Stake in Sinphuhorm Project
Friday, February 15, 2019 PTTEP SP Limited has signed an agreement to acquire a 33.8% stake in APICO LLC.
JV to Move Natgas from Eagle Ford to Agua Dulce
Wednesday, February 13, 2019 Howard Energy Partners and NextEra Energy Partners have entered into a joint venture to develop more natural gas transportation opportunities in the Eagle Ford.
Exxon Streamlines Upstream to Support Growth
Friday, February 01, 2019 ExxonMobil will 'streamline' its upstream organization and 'centralize project delivery across the company' to support plans to double operating cash flow and earnings by 2025.
Ophir Agrees to $511MM Takeover Deal by Medco
Wednesday, January 30, 2019 Indonesian company Medco has won its takeover deal for Ophir Energy at 55 pence per share.
Ensco and Rowan Amend Merger Agreement
Tuesday, January 29, 2019 The two offshore drillers have amended their agreement to include increased acquisitions.
Ophir Grants Deadline Extension in Medco Takeover Bid
Monday, January 28, 2019 Ophir Energy has given Medco a deadline extension on its takeover offer.
Eni Bags Stake in World's 4th Biggest Refinery
Monday, January 28, 2019 After months of courting oil officials in Abu Dhabi, Claudio Descalzi got his prize; a stake in the world's 4th-largest oil processing plant.
2018 Ends with a 66 Percent Increase in US Deal Value
Thursday, January 24, 2019 New insights by PwC show that deal values closed out 2018 at $301.3 billion, driven mostly by affiliate transactions.
MEG Plans to Spend Less and Boost Oil Output
Friday, January 18, 2019 MEG Energy Corp. looks to be on its own again after Husky Energy Inc. pulled its hostile bid for the Canadian oil-sands producer.
Ensco and Rowan Extend Time to Decide on Merger
Friday, January 18, 2019 The two companies have convened and adjourned its general meeting in which they were scheduled to approve resolutions on their merger.
Husky Ends MEG Takeover Bid
Thursday, January 17, 2019 Husky Energy abandons its hostile bid to acquire MEG Energy Corp after failing to win support from shareholders and the board of the rival oil-sands producer.
Atlas Professionals Buys Brander
Wednesday, January 16, 2019 Energy recruitment specialist Atlas Professionals acquires technical recruitment company Brander.
Ophir Energy's Board Rejects Medco's Takeover Proposal
Tuesday, January 15, 2019 Ophir's board unanimously rejected the proposal, saying it's undervaluing Ophir.
Ensco Proposes Sweeter Deal for Merger with Rowan
Monday, January 14, 2019 Ensco proposes to increase the exchange ratio for its merger with Rowan Companies.
Shell Wraps Up Hazira Deal
Thursday, January 10, 2019 Shell Gas B.V. completes the acquisition of a 26% equity interest in the Hazira LNG and Port venture in India from Total Gaz Electricite Holdings France.
Oil Giant to Issue First Global Bond in 2019
Thursday, January 10, 2019 Saudi Aramco plans to tap the debt market in 2Q to finance the acquisition of Sabic, likely issuing its first ever international bond and disclosing its accounts in the process.
US Upstream M&A Deal Value for 2018 Highest in 4 Years
Tuesday, January 08, 2019 A new report by Drillinginfo reveals $84 billion worth of upstream M&A deals, making it the highest total since 2014.
QEP Resources Receives $2B Takeover Bid
Monday, January 07, 2019 Elliott Management Corp. has offered up $2.07 billion in cash for 'undervalued' QEP Resources.
Medco in Talks to Potentially Take Over Ophir Energy
Wednesday, January 02, 2019 The two companies have been discussing a possible all-cash acquisition, with the deadline for a firm offer or walk-away expected by Jan. 28.
Faroe Fights DNO Offer With Valuation Report
Wednesday, January 02, 2019 Faroe Petroleum says its value far surpasses a bid by DNO ASA.
Earthstone Terminates Sabalo Acquisition
Thursday, December 27, 2018 Earthstone Energy and Sabalo Energy have terminated their deal based on poor market conditions.
ONE, Dyas Merger Agreed
Friday, December 21, 2018 An agreement has been reached on the merger of ONE and SHV Holdings' upstream energy businesses.
US Gulf of Mexico On Track for Historic 2019
Thursday, December 20, 2018 Activity booms, first-ever production and key sanctions are some of the factors leading to a grand year for the US Gulf of Mexico, analysts say.
Stonepeak and Brookfield In Talks to Buy Tallgrass
Wednesday, December 19, 2018 An investor group that includes Stonepeak Infrastructure Partners and Brookfield Asset Management is considering a deal to buy Tallgrass Energy.
Sources Say Shell In Talks to Buy Endeavor
Tuesday, December 18, 2018 Shell is in negotiations to buy Endeavor Energy Resources for about $8 billion, according to people familiar with the matter.
CNOOC in Cooperation Pact with Majors
Tuesday, December 18, 2018 China National Offshore Oil Corporation signs strategic cooperation agreements with several oil and gas majors.
New Exploration and Production Company Created
Wednesday, December 12, 2018 Eni announces the creation of Var Energi AS.
Well-Centric Buys Simmons Edeco Europe
Thursday, December 06, 2018 Well-Centric, a FrontRow Energy Technology Group company, announces the acquisition of Simmons Edeco Europe.
DEA to Buy Sierra Oil and Gas
Wednesday, December 05, 2018 DEA Deutsche Erdoel AG signs an agreement to acquire Sierra Oil & Gas.
Accenture Acquires Enaxis Consulting
Tuesday, December 04, 2018 Accenture acquired Enaxis Consulting to help grow its oil and gas business in North America.
Four Things Upstream Firms Can Change in 2019
Thursday, November 29, 2018 BCG has identified four domains in which upstream companies can seize opportunities to transform themselves.