PetroChina may divest Australian and Canadian assets to offset losses
The sale comes over concerns of Western sanctions impacting the assets and also due to their ‘disappointing economics’.

The sale comes over concerns of Western sanctions impacting the assets and also due to their ‘disappointing economics’.
The deal is expected to increase Earthstone’s net production by 18,000boepd to 23,000boepd in Q4 2022.
With the acquisition, Whitecap Resources will enter the liquids-rich Duvernay play at Kaybob.
PTL will acquire CRC-Evans, Pipeline Induction Heat, and Stanley Inspection that form Stanley’s oil and gas division.
The sale is expected to address the UK CMA’s potential concerns relating to the planned merger of Nobel and Maersk…
With the purchase, BW Energy expects to add nearly 9,000 barrels of oil per day starting from early 2023.
With the latest purchases, Berkshire Hathaway now holds approximately 152.7 million Occidental shares.
Upon completion of the USWS acquisition, ProFrac will have 44 active frac solution fleets by the end of this year.
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