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EnCap Investments reportedly seeking buyers for XCL Resources
Private equity firm EnCap Investments is exploring the sale of Utah-based oil producer XCL Resources, reported Reuters citing sources familiar …
MidOcean acquires Tokyo Gas’ stakes in Australian LNG projects
MidOcean Energy, a portfolio company of private equity investor EIG, has completed the acquisition of Tokyo Gas' interests in a …
Mitsui announces FID for Block B Project in Vietnam
Mitsui & Co. has announced plans to invest in the Block B Project in Vietnam in a bid to bolster …
SilverBow Resources turns down Kimmeridge Energy’s $2.1bn acquisition offer
US oil and gas company SilverBow Resources has declined Kimmeridge Energy Management's $2.1bn acquisition offer, citing undervaluation, according to Reuters. The …
Senegal’s newly elected President to reassess oil and gas contracts
Senegal's newly elected President Bassirou Diomaye Faye plans to review the contracts of oil and gas projects, reported Bloomberg. The reassessment …
VTTI, IKAV to acquire majority stake in Italy’s Adriatic LNG terminal
Dutch infrastructure group VTTI and Germany-based asset manager IKAV have formed a consortium to acquire a 70.7% stake in Adriatic …
“Sleepless nights” over government’s climate change platitudes – Greenpeace
Doug Parr, director of policy at Greenpeace, has said that the environmental campaigning group was “disappointed about what Jeremy Hunt …
McDermott secures Kikeh subsea gas lift project contract offshore Malaysia
Oil and gas industry services provider McDermott has been awarded a contract for the Kikeh subsea gas lift project by …
ADNOC begins oil production from Belbazem block offshore UAE
ADNOC has commissioned the Belbazem block offshore the United Arab Emirates (UAE), marking a significant step in the company's efforts …
US Government introduces new rule to reduce oil and gas waste
The US Department of the Interior has announced a new rule from the Bureau of Land Management (BLM) to reduce oil …
SLB to merge its carbon capture business with Aker Carbon Capture
SLB, a US-based oil and gas industry services provider, has agreed to combine its carbon capture business with Aker Carbon …
US oil and gas groups urge government to reconsider methane fee
The API and 19 other associations representing the US oil and gas industry nationwide have urged the EPA to reconsider …
Osaka Gas expects limited impact from Freeport LNG shutdown
Japan’s Osaka Gas expects the shutdown of the Freeport LNG facilities in the US to have minimal impact on market …
Ithaca Energy eyes up Eni merger
Ithaca Energy has signed an exclusivity agreement with Italian energy company Eni, a deal that may lead to a “potential …
Offshore pipeline companies and systems for the oil and gas industry
Offshore pipelines and pipe components enable the subsea transportation of oil and gas recovered for offloading or storage. Offshore pipeline …