Diversified strikes $1.8bn deal for Permian operator Birch
Diversified Energy has agreed to acquire Birch Permian and some affiliated companies (collectively “Birch”) from Elliott Investment Management for around …
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Ansaldo Energia advances fuel flexibility strategy to H₂ and HVO
Ansaldo Energia has extended the flexibility of its gas turbine portfolio with recent independent validations that recognise the company's progress …
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Subsea7 secures contract from LLOG Exploration in US Gulf
Subsea7 has secured a contract from LLOG Exploration, a subsidiary of Harbour Energy, for offshore work related to the Who …
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Prima Energy to buy 28% stake in Jadestone Energy
Prima Petroleum Energi (Prima Energy) has signed an agreement to acquire approximately 28.3% of Jadestone Energy’s issued share capital from …
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Chevron to invest more than $7bn in Venezuela oil ventures
US oil major Chevron has agreed updated terms with Venezuela for its joint ventures (JVs), paving the way for investments …
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Santos begins seawater injection at Pikka oil project in Alaska
Australian energy company Santos has commenced seawater injection operations at Nanushuk Drillsite-B of the Pikka oil project on Alaska’s North …
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Can digitised colonial records unlock the DRC’s mineral exploration potential?
The Democratic Republic of Congo is seeking greater access to historical geological records held in Belgium as it looks to …
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Oil prices hold near highs after military action and tanker incidents
Oil prices hovered near recent highs on Wednesday 2 September as market participants weighed the risk of further supply disruption …
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CITGO to invest $310m in Lake Charles Refinery upgrade
CITGO Petroleum has announced a $310m investment to upgrade its Lake Charles Refinery in south-west Louisiana, US. The company will implement …
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Comstock signs $1.65bn LoI with SOCAR for Haynesville asset stakes
Comstock Resources has signed a letter of intent (LoI) with the State Oil Company of the Azerbaijan Republic (SOCAR) for …
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DNO agrees to acquire Capricorn Energy for $396m
Norwegian oil and gas operator DNO has agreed to acquire the entire issued and to-be-issued share capital of UK-based Capricorn …
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ONGC outlines $10.5bn plan for deepwater exploration in India
The Oil and Natural Gas Corporation (ONGC) is planning to invest around $10.51bn (Rs1tn) over the next five years to …
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Summit Midstream makes FID on Double E Pipeline mainline expansion
US-based energy company Summit Midstream has announced that the Double E Pipeline has completed its open season and made a …
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US secures access for majority control of 65bbbl of Venezuelan oil
The US Government, under President Donald Trump, has reached an agreement to secure majority control over approximately 65 billion barrels …
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ONEOK to buy Permian assets from Brazos Midstream in $4.425bn deal
ONEOK has signed a definitive agreement to acquire Brazos Midstream’s natural gas gathering and processing assets in the Permian Midland …
