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ConocoPhillips Takes Over Kebabangan Cluster offshore Malaysian Borneo
Petronas and Shell exited the Kebabangan PSC offshore Sabah, leaving the producing asset to co-venturer ConocoPhillips.
7:00 PM EST | January 23, 2025
Ovintiv Completes $2 Billion Sale of Assets Onshore Utah
Ovintiv completed the divestment of substantially all its assets in the onshore Uinta Basin to FourPoint Resources.
7:00 PM EST | January 22, 2025
Eni to Acquire Stake in Two Solar Farms, BESS Project in California
'Through this transaction we position ourselves in the California market, one of the most relevant for the development of renewables, further diversifying Plenitude presence in the United States'.
7:00 PM EST | January 20, 2025
Analysts Look at USA Sanctions Effect
The new restrictions 'roughly triple the number of directly sanctioned Russian crude oil tankers, enough to affect around 900,000 barrels per day', analysts at Standard Chartered highlighted.
7:00 PM EST | January 15, 2025
Civitas Resources Weighs Sale of DJ Basin Assets
Shares in Civitas were up about 0.9 percent at 9.43am in New York.
7:00 PM EST | January 14, 2025
Africa Oil Raises Stake in Orange Basin Block to 18 Percent
Africa Oil increased its stake in Block 3B/4B on the South African side of the Orange Basin to 18 percent from 17 percent after completing a transaction with fellow Canadian company Eco.
7:00 PM EST | January 13, 2025
KMI to Acquire Midstream Gas Assets in Williston Basin from Outrigger
Kinder Morgan agreed to buy a natural gas gathering and processing system in North Dakota from Outrigger for $640 million.
7:00 PM EST | January 13, 2025
AQN Completes Renewable Energy Business Sale
The divestment is part of AQN's transition to a 'pure-play regulated utility with reduced complexity'.
7:00 PM EST | January 12, 2025
Kimbell to Bolster Permian Position with $231 Million Acquisition
Kimbell signed a deal to acquire Boren Minerals' oil and natural gas mineral and royalty interests in the Permian Basin for about $231 million.
7:00 PM EST | January 08, 2025
EPIC Sells Ethylene Pipeline to Howard Energy Partners
The 120-mile-long pipeline links ExxonMobil and SABIC's ethane cracker in Gregory to storage in Markham, Texas.
7:00 PM EST | January 08, 2025
Uniper Sells Gas Power Plant in Hungary
'The sale of this non-strategic investment is part of the conditions that Uniper must fulfill under EU state aid law'.
7:00 PM EST | January 07, 2025
Phillips 66 to Acquire Midstream NGL Assets in Permian from EPIC
The $2.2 billion purchase comprises NGL pipelines, fractionation facilities and distribution systems.
7:00 PM EST | January 06, 2025
DT Midstream Completes Bolt-On Midwest Pipelines Acquisition
'The bolt-on acquisition of these premier pipelines is fully aligned with our pure play natural gas strategy', David Slater, DT Midstream President and CEO, said.
7:00 PM EST | January 02, 2025
Ecopetrol to Acquire Repsol's Stake in Colombia E&P Contract
Ecopetrol said it 'plans to provide additional information regarding the closing of the transaction in due time through the legally authorized channels'.
7:00 PM EST | January 01, 2025
Seadrill Exits Jackup Market
Seadrill sold the West Prospero rig to an undisclosed buyer for $45 million, exiting the jack-up sector.
7:00 PM EST | December 31, 2024
Eversource Acquires 26 Acres in Massachusetts from Constellation
Eversource plans to transform the property into a multi-use energy interconnection hub.
7:00 PM EST | December 31, 2024
EQT, Temasek Sell Indian Energy Firm O2 Power for $1.5 Billion
EQT and Temasek sold their Indian renewables joint venture O2 Power to local player JSW Energy for $1.5 billion.
7:00 PM EST | December 31, 2024
Indian Refiner Boosts Mideast Oil Imports as Russian Flows Slow
One of India's largest refiners has been forced to seek alternative and more expensive crude cargoes from the Middle East to make up for lower supplies from Russia.
7:00 PM EST | December 30, 2024
Baytex Closes Sale of Saskatchewan Asset
Baytex said it has updated its 2025 production guidance to 148,000 to 152,000 boepd from 150,000 to 154,000 boepd.
7:00 PM EST | December 28, 2024
USA Oil Exports to China Dwindle as Demand Wanes, Buying Shifts
U.S. crude exports to China plunged by almost half this year.
7:00 PM EST | December 26, 2024
NANO Nuclear to Acquire USNC Patents via Bankruptcy Auction
NANO Nuclear signed a deal to assume ownership of the patents and intellectual property rights of Ultra Safe Nuclear via a Chapter 11 bankruptcy auction.
7:00 PM EST | December 26, 2024
Equinor Raises Stake in Orsted to 10 Percent
Equinor increased its shareholding in renewables developer Orsted from 9.8 percent to 10 percent.
7:00 PM EST | December 25, 2024
LandBridge Completes Delaware Basin Acquisition from VTX Energy
The Wolf Bone Ranch 'strategically expands LandBridge's position in Reeves and Pecos Counties, Texas, an important region for both oil and natural gas production, and provides access to the Waha Gas market hub'.
7:00 PM EST | December 24, 2024
ExxonMobil Acquires Third of 5 FPSOs Leased from SBM Offshore
ExxonMobil assumed ownership of FPSO Liza Destiny, after acquiring FPSOs Unity and Prosperity.
7:00 PM EST | December 23, 2024
Petro-Victory Eyes Acquisition of Oil Fields in Brazil's Potiguar Basin
The fields are located in two producing assets: the Porto Carao Cluster and the Barrinha Cluster.
7:00 PM EST | December 20, 2024
Phillips 66 to Sell Stake in Gulf Coast Express Pipeline
The transaction will result in the Houston, Texas-based downstream oil and gas player exceeding a $3 billion divestment plan.
7:00 PM EST | December 19, 2024
Trump Threatens Tariffs If EU Doesn't Buy More USA Oil and Gas
The U.S. is the world's largest producer of crude oil and the biggest exporter of liquefied natural gas.
7:00 PM EST | December 19, 2024
TotalEnergies Proceeds with Sale of 50 Pct Stake in West Burton Energy
TotalEnergies agreed to sell 50 percent of its ownership in West Burton Energy to EPUK Investments.
7:00 PM EST | December 19, 2024
DOE Releases Updated Study on LNG Exports, Industry Reacts
The API, AXPC, NOIA, and AEA have all reacted to the updated study.
7:00 PM EST | December 18, 2024
Chevron, Woodside Consolidate LNG Assets in Australia in Swap Transaction
Woodside and Chevron Australia entered an agreement to swap assets including the Wheatstone and North West Shelf gas projects in Western Australia.
7:00 PM EST | December 18, 2024
Nigeria Approves Shell's $1.3 Billion Sale of Onshore Assets to Renaissance
Nigeria approved a $1.3 billion deal that would see a group of local companies buy Shell's onshore assets in Africa's biggest crude producer.
7:00 PM EST | December 18, 2024
INEOS to Acquire CNOOC Assets in US Gulf of Mexico
The acquisition consists of non-operating stakes in deepwater early-production projects Appomattox and Stampede, as well as 'several mature assets and supporting business'.
7:00 PM EST | December 17, 2024
Uniper Seeks Buyers for 18.26 Percent Stake in Baltic Gas Distributor
The sale is part of divestments that Uniper agreed to for the European Commission to approve its bailout by the German government in 2022.
7:00 PM EST | December 17, 2024
QPM Secures Four-Year Dispatch Rights for Moranbah Power Station
Carbon Logica will buy the 12.8-MW gas-fueled station from Sustainable Energy Infrastructure and lease it to QPM, which can acquire the station after the four-year operating agreement with Carbon Logica ends.
7:00 PM EST | December 17, 2024
Qatar Boosts Presence in Namibian Orange Basin
QatarEnergy signed an agreement to acquire from Chevron a 27.5 percent stake in Block 2813B offshore Namibia in the Orange Basin.
7:00 PM EST | December 16, 2024
Chappal Plans Equity Sales after Purchase of TotalEnergies Assets
Chappal, a Mauritius-based oil and gas exploration company focused on Africa, is planning to bring on new investors once it completes the purchase of TotalEnergies assets in Nigeria.
7:00 PM EST | December 16, 2024
Adnoc Signs 15-Year LNG Supply Deal With Germany's EnBW
The United Arab Emirates's biggest oil producer agreed to sell liquefied natural gas to a second German utility.
7:00 PM EST | December 15, 2024
Parex Acquires Stakes in Colombia Assets
The Putumayo collaboration agreements 'establish a new core area' for Parex.
7:00 PM EST | December 14, 2024
Sound Energy Closes Divestment of Moroccan Assets
'This is a transformative transaction for Sound Energy, unlocking significant value and we look forward to the new chapter of Tendrara development and exploration activity in Morocco'.
7:00 PM EST | December 14, 2024
UAE to Curb Oil Shipments Amid OPEC+ Push for Quota Discipline
Oil traders have been closely scrutinizing flows from the UAE in recent months.
7:00 PM EST | December 14, 2024
Kosmos Deal Would Ease Tullow Finances but Debt Presents Hurdle
Both companies acknowledged early merger talks on Thursday, following media speculation.
7:00 PM EST | December 12, 2024
No Winners Seen in Trump's 'Hugely Destructive' Energy Tariffs
'There are no winners from a tariff hike and ensuing price hike to the raw inputs that literally are foundational to our society', said Joe DeLaura, a global energy strategist with Rabobank.
7:00 PM EST | December 11, 2024
CNX to Acquire Appalachian Assets for $505MM
The acquisition 'strategically expands CNX's existing stacked Marcellus and Utica undeveloped leasehold in the CPA region and provides an existing infrastructure footprint that can be leveraged for future development'.
7:00 PM EST | December 10, 2024
Canadian Natural Completes Purchase of Chevron Oil Sands, Duvernay Assets
The $6.5 billion transaction consisted of producing and undeveloped oil sand, liquid and natural gas properties in Alberta province.
7:00 PM EST | December 09, 2024
WoodMac Says Shell, Equinor Combination Creates New UK Superpower
'It is clear the UK is still attractive for some companies', Wood Mackenzie highlighted.
7:00 PM EST | December 09, 2024
Equinor Completes Nigeria Exit
Equinor completed the sale of all its Nigerian assets, including a 20.21 percent stake in the Agbami oil field, to an African company for up to $1.2 billion.
7:00 PM EST | December 08, 2024
Chevron, Shell Weigh Stake in Argentina Oil Export Plan
Should Chevron and Shell partner in the venture, it would be a sign that the Vaca Muerta can attract more foreign oil and gas investments.
7:00 PM EST | December 06, 2024
TotalEnergies to Acquire RE Firm VSB for $1.65 Billion
The takeover will expand TotalEnergies' wind, solar and battery storage footprint in Europe.
7:00 PM EST | December 04, 2024
Glencore, Vitol Eye New Fortress' Jamaica LNG Assets
New Fortress, which has faced major project delays and recently refinanced over $2 billion in debt, is considering selling some of its LNG operations.
7:00 PM EST | December 04, 2024
Aramco Completes Horse Powertrain Stake Acquisition
As part of the agreement, Aramco and affiliate Valvoline Global Operations will collaborate with Horse Powertrain on innovations in ICE technology, fuels, and lubricants.
7:00 PM EST | December 03, 2024