Empowering People in Oil and Gas


Results 50 articles shown

Saudi Arabia to Sell More Bonds Share your comments
Saudi Arabia is set to sell more international bonds.
10:31 AM EST | September 02, 2025
Wood Endorses Acquisition Offer by Sidara Share your comments
Sidara reduced its offer from 35 pence to 30 pence for each Wood share after a diligence review.
9:40 AM EST | September 02, 2025
Trican Closes Acquisition of Tubing Services Firm Iron Horse Share your comments
Iron Horse operates primarily in the Cardium, Charlie Lake, Mannville Stack, Viking, Montney and Shaunavon plays in the Western Canadian Sedimentary Basin.
8:00 AM EST | September 02, 2025
Buru Plans New $2MM Share Offering Share your comments
Buru raised around $1.37 million from a placement and plans to issue more shares amounting to about $1.95 million to fund the Rafael gas project onshore Western Australia.
5:57 AM EST | September 02, 2025
Equinor to Maintain 10 Pct Stake in Orsted Share your comments
Equinor said it intends to buy into Orsted's $9.4 billion stock sale to maintain its 10 percent ownership.
3:38 AM EST | September 02, 2025
Russian Oil Majors Report Income Dip Share your comments
Russian oil producers' profits dived in the first half of the year.
9:56 AM EST | September 01, 2025
Strathcona to Oppose Cenovus' Acquisition of MEG, Buy Additional Stake Share your comments
Strathcona plans to purchase an additional 5 percent of MEG's outstanding common shares.
9:00 AM EST | September 01, 2025
BW LPG Posts Lower Profit Share your comments
A fall in LPG exports from the U.S. to China in the first few weeks of the trade war between the world's top two economies was offset by U.S. shipments to other countries.
6:30 AM EST | September 01, 2025



Rosneft 1H Profit More Than Halved Share your comments
Russia's state-owned Rosneft reported a 68.3 percent year-on-year decline to around $3.04 billion in 1H net income, citing lower oil prices, impact from Western sanctions and high Russian taxation and central bank rates.
4:43 AM EST | September 01, 2025
ADNOC Completes $316MM Placement for 3 Pct of Shipping Arm Share your comments
'The offering is expected to pave the way for potential MSCI indexation, increasing international and domestic investor awareness of ADNOC L&S's differentiated proposition as leader in global energy maritime logistics'.
4:05 AM EST | September 01, 2025
MPLX Sells Rockies Midstream Gas Assets to Harvest for $1B Share your comments
The gas gathering and processing assets serve the Uinta and Green River basins across Wyoming, Utah and Colorado.
9:00 AM EST | August 29, 2025
CNOOC Ltd First Half Profit Down on Lower Prices Share your comments
CNOOC Ltd. chair Zhang Chuanjiang blamed 'a complex and challenging external environment coupled with downward volatility in international oil prices'.
6:24 AM EST | August 28, 2025
Phoenix Energy More Than Doubles Profit Share your comments
The Irvine, California-based oil and gas producer reported $18.7 million in net profit for the second quarter.
10:30 AM EST | August 27, 2025
Occidental Closes Sale of Midland Basin Gas Gathering Assets to Enterprise Share your comments
'With access to more than 1,000 drillable locations, these systems will immediately expand Enterprise's natural gas gathering footprint in the Midland Basin and provide long-term development visibility'.
10:00 AM EST | August 27, 2025
Qatar's Mansour to Acquire Nearly 20 Percent of Australia's Invictus Share your comments
The Qatari company has pledged to provide as much as $500 million in future financing to develop the Cabora Bassa project in Zimbabwe.
3:24 AM EST | August 27, 2025
PetroChina Proposes Buying Gas Cos for $5.6B Share your comments
PetroChina Co. has proposed buying three natural gas storage companies for 40 billion yuan ($5.6 billion).
4:00 PM EST | August 26, 2025
PetroChina Profit Slips From Record Share your comments
PetroChina Co.'s profit fell from a record in the first half.
9:00 AM EST | August 26, 2025
Nabors Sells Downhole Tubulars Subsidiary Quail to Superior Energy Share your comments
The transaction includes a preferred supplier agreement under which Superior will be the preferred supplier of rental drill pipe and related products to Nabors.
8:00 AM EST | August 26, 2025
Whitebark Takes Full Ownership of Officer Basin Permits Share your comments
Whitebark takes full control of what it said is a 'giant' potential in its Officer Basin acreage onshore South Australia.
4:28 AM EST | August 26, 2025
Kent to Acquire Exceed Share your comments
The acquisition marks the integrated energy services company's expansion into the decommissioning market.
6:43 AM EST | August 25, 2025
Streamline Innovations Completes Recapitalization Share your comments
Eldon Pass and Select Milk stepped in as new investors.
10:30 AM EST | August 22, 2025
Cenovus Beats Strathcona with $5B Deal to Acquire MEG Share your comments
The Cenovus takeover unites two Calgary-based firms with significant operations in the oil-sands region of northeastern Alberta.
8:13 AM EST | August 22, 2025
Melbana Secures Commitments for $4.5MM Placement Share your comments
The capital raise will fund a drilling campaign onshore Cuba.
4:17 AM EST | August 22, 2025
Australian Utility APA Posts Higher Annual Profit Share your comments
The Australian gas and power utility reported around $82.87 million in NPAT for FY 2025.
8:37 AM EST | August 21, 2025
Clearview Signs Agreement to be Acquired by Undisclosed Oil Company Share your comments
The $17.29 million (CAD 24 million) transaction is expected to close in October.
8:00 AM EST | August 21, 2025
ORLEN Boosts EBITDA YoY Share your comments
Higher natural gas and electricity sales volumes offset lower refining and petrochemical margins.
7:25 AM EST | August 21, 2025
Solaris Acquires HVMVLV Share your comments
The acquisition 'strategically positions us to enter new end markets and accelerates cross-selling opportunities for Solaris' power-as-a-service offering'.
10:00 AM EST | August 19, 2025
Oil Waste Recycling Business Goes Bankrupt Share your comments
The owner of a Texas facility that recycles metals extracted from oil-refinery waste filed for bankruptcy.
10:00 AM EST | August 19, 2025
GIP to Acquire Stake in Eni CCUS Business Share your comments
Eni and BlackRock's GIP signed an agreement for the New York City-based infrastructure investor's purchase of a co-controlling stake of 49.99 percent in the Italian energy major's CCUS business.
6:17 AM EST | August 19, 2025
ADNOC Group to Take Longer than Expected in Finalizing Offer for Santos Share your comments
Santos said newly revealed approvals would delay the process for an ADNOC-led consortium to progress its proposed takeover of the Australian company to a binding agreement.
3:37 AM EST | August 19, 2025
Hyliion Scales Back Revenue Guidance as KARNO Deployment Delayed Share your comments
The delayed commercialization of its KARNO product has pushed Hyliion to revise its 2025 revenue guidance to $5-10 million from $10-15 million previously.
10:57 AM EST | August 18, 2025
Sable Narrows Q2 Net Loss as SYU Production Restarts Share your comments
Sable reported a net loss of $128.1 million for Q2.
10:30 AM EST | August 18, 2025
Sinopec Engineering Sees 10 Percent Growth in 1H Revenue Share your comments
The energy and chemical engineering company reported around $4.39 billion in revenue for the first half of 2025.
9:04 AM EST | August 18, 2025
Centrica, ECP to Acquire Isle of Grain LNG Share your comments
Centrica said that there are “opportunities for efficiencies to create additional near-term value,” with future development options including a combined heat and power plant, bunkering, hydrogen and ammonia.
8:00 AM EST | August 18, 2025
Superior Narrows Losses Share your comments
Superior reported a net loss of $14.7 million for Q2, compared to a net loss of $45.3 million for the corresponding quarter a year ago.
7:00 AM EST | August 17, 2025
Empire Petroleum Losses Deepen Share your comments
'Over the next six to nine months, we anticipate a continued [price] rebound that could increase our production levels'.
11:00 AM EST | August 15, 2025
BKV to Acquire Bedrock's Barnett Shale Assets for $370MM Share your comments
BKV Corporation is acquiring Bedrock Energy Partners' Barnett Shale assets in north Texas.
8:00 AM EST | August 15, 2025
Anaergia Trims Losses Share your comments
'The company's shift to a capital-light strategy was the primary driver behind our strong quarterly results led by significantly higher revenue, higher gross profit margin and an increase in revenue backlog'.
2:30 AM EST | August 15, 2025
Meren Revises Down Financial Projections on Lower Oil Prices Share your comments
Meren, recently rebranded from Africa Oil, also narrowed its production forecast for the year.
3:05 AM EST | August 14, 2025
Murphy Oil Earnings Dip Share your comments
Murphy Oil reported a dip in net earnings for the second quarter and the first half of the year, despite production outperforming the higher end of guidance.
10:30 AM EST | August 13, 2025
Enterprise Products to Acquire Midland Basin Gas Assets from Occidental Share your comments
Enterprise Products Partners LP said some of its affiliates have executed agreements to acquire a natural gas gathering affiliate of Occidental in a debt-free transaction for $580 million in cash.
9:00 AM EST | August 13, 2025
XRG Extends Diligence Period for Planned Takeover of Santos Share your comments
'There remains strong alignment between both parties on the strategic rationale for the potential transaction'.
6:31 AM EST | August 13, 2025
ADNOC Gas Achieves Record Profit Share your comments
ADNOC Gas reported $1.39 billion in net income for Q2, rising 16 percent compared to the same three-month period last year and setting a quarterly record for the company.
4:26 AM EST | August 13, 2025
$1.9T Norway Wealth Fund Trims Big Oil Stocks Share your comments
Norway's $1.9 trillion sovereign wealth fund pared back its holdings in oil and gas majors.
5:00 PM EST | August 12, 2025
LandBridge Logs Higher Profit Share your comments
The oil and gas-focused land management business operating primarily in the Delaware basin reported $7.5 million in net profit for 2Q.
11:33 AM EST | August 12, 2025
DOE Disburses Additional Guarantees to Holtec for Palisades Plant Restart Share your comments
The latest release involved $83.2 million of up to $1.52 billion in loan guarantees.
10:30 AM EST | August 12, 2025
EOG Posts $1.3B Profit Share your comments
'With the close of the Encino acquisition, the Utica is now positioned as a foundational asset for EOG'.
9:30 AM EST | August 12, 2025
Stone Ridge Energy to Acquire Anadarko Assets from ConocoPhillips Share your comments
The agreement was for ConocoPhillips' Lower 48 assets in the Anadarko Basin, and the transaction is expected to close at the beginning of the fourth quarter.
6:35 AM EST | August 12, 2025
Naftogaz Wins Court Order to Enforce Crimea Claims in Austria Share your comments
'In particular, the court authorized the encumbrance of over 20 real estate properties owned by Russia in Austria, which will be sold through auction'.
4:55 AM EST | August 12, 2025
$1B Qatar Gas Loan Adds to Middle East Funding Frenzy Share your comments
Qatar Gas Transport Co. is seeking a $1 billion syndicated loan, according to a person familiar with the matter.
4:00 PM EST | August 11, 2025
Find More Articles with an Advanced Search
The results on this page are limited to showing the 50 most recent articles for this category, region, and date range combination.For more articles, please perform an Advanced Article Search.