UK considering windfall tax on oil and gas companies as cost-of-living soars
The price of electricity, gas and other fuels within CPI measurement is already 69.6% higher than a year ago.
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Poland terminates gas deal with Russia over ruble dispute
The decision follows Russia suspending gas supplies to Poland in April after the latter rejected to pay for gas in…
Private equity firms explore $2.5bn divestment of Terra Energy Partners
Backed by Kayne Anderson and Warburg Pincus, Terra holds 370,000 net acres that produce approximately 530MMcf/d.
Germany and Italy allow companies to pay in rubles for Russian gas
The move by the two countries follows discussions with the European Union.
ExxonMobil to divest Barnett Shale gas assets to BKV for $750m
The assets being sold include 160,000 total net acres primarily in the Tarrant, Johnson, and Parker counties, among others.
Centennial to merge with Colgate to create $7bn Permian Basin producer
The combined entity will have approximately 180,000 net leasehold acres and a production capacity of nearly 135,000 barrels of oil…
ADNOC makes three new onshore oil discoveries
The oil discoveries have been made at the Bu Hasa field, onshore block 3, and the Al Dhafra Petroleum Concession.
Shell to acquire Exxon’s concession offshore Egypt
Shell’s unit BG will become the operator of the North East El-Amriya offshore area after the deal is closed.