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Upstream M&A reached $17 billion in Q1 2025, Enverus says

Enverus Intelligence Research (EIR), a subsidiary of Enverus, is releasing its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year. The M&A summary follows Enverus’ release of Investor Analytics, a […]

Vitol steps up Venezuela oil buying before U.S. license lapses

(Bloomberg) — Vitol Group has stepped up oil purchases in Venezuela in the final weeks of a U.S. license that allows the world’s largest independent oil trader to do business in the sanctioned nation. […]

US plans Alaska LNG summit, will urge Japan, South Korea to support project

Trump has touted the $44 billion Alaska liquefied natural gas project, which would deliver gas from the state’s North Slope fields via an 800-mile (1,300-km) pipeline for domestic use and also ship it to customers […]

Elliott wants BP to change structure, oust strategy chief, source says

Elliott holds a stake of a little more than 5% in BP, placing the investor between other top shareholders BlackRock and Vanguard, according to LSEG data. BP’s strategy, sustainability and ventures arm is led by […]

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American Association of Petroleum Geologists appoints new executive director

The American Association of Petroleum Geologists (AAPG) is pleased to announce that Thomas Wilker has been appointed as its new executive director. A longstanding member of AAPG, the Society of Exploration Geophysicists (SEG), and the […]

Contract wins in Americas, Africa and Australia boost growth at subsea cutting specialist Decom Engineering

Decom Engineering has announced a promising start to 2025 with contracts valued at more than £2 million ($2.66 million USD) secured in the first quarter, positioning the subsea cutting specialist for further international growth. […]

NCDMB, NGIC partner to drive local content within gas sector, infrastructure

*NCDMB, NGIC officials discuss strategic partnership. Mkpoikana Udoma Port Harcourt — In a move to deepen local content development and boost Nigeria’s energy infrastructure, the Nigerian Content Development and Monitoring Board, NCDMB, and the Nigerian […]

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