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Elk Range Royalties closes $905 million acquisition of DJ Basin assets

Elk Range Royalties has announced a landmark acquisition of a significant mineral and royalty position spanning approximately 250,000 net royalty acres (NRA) in the DJ Basin from affiliates of Occidental Petroleum (Oxy). The $905 million […]

Odfjell, Reelwell partner to expand DualLink tech for offshore operations

Reelwell AS has secured a strategic equity investment by Odfjell Technology, the company announced today. The deal sees Odfjell Technology purchase a 10% stake in Reelwell for 40 million NOK. The investment will be used […]

North Dakota oil regulator expects lower oil prices this year amid Trump tariff uncertainty

North Dakota is the third-largest oil producing state in the U.S. U.S. crude futures have been trading below $70 a barrel for the last three weeks, according to data from LSEG, with investor sentiment partly […]

Russia and Ukraine accuse each other of blowing up Russian gas pumping station

Video footage showed a blaze at the Sudzha facility, which is located inside Russia several hundred metres from the Ukrainian border. It is inside a pocket of Russian territory that had been captured by Ukrainian […]

Shell reaches FID for deepwater project in Brazil’s pre-salt Santos Basin

Shell Brasil, a subsidiary of Shell plc, has taken the Final Investment Decision (FID) for Gato do Mato, a deepwater project in the pre-salt area of the Santos Basin, offshore Brazil. The Gato do Mato […]

Namibia unveils offshore drilling plans, new licensing opportunities

*Offshore Namibia. Johannesburg, South Africa — Namibia’s offshore oil and gas industry is set for significant growth in 2025, driven by new licensing opportunities and an uptick in drilling activities, Petroleum Commissioner Maggy Shino announced […]

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Elk Range Royalties closes $905 million acquisition of DJ Basin assets

Odfjell, Reelwell partner to expand DualLink tech for offshore operations

North Dakota oil regulator expects lower oil prices this year amid Trump tariff uncertainty

Russia and Ukraine accuse each other of blowing up Russian gas pumping station

Shell reaches FID for deepwater project in Brazil’s pre-salt Santos Basin

Namibia unveils offshore drilling plans, new licensing opportunities

Ekpo commissions Nigeria’s first modular LPG plant, 20MW power project in Rivers

U.S. may extend Chevron-Venezuela deadline by at least 30 days

Odfjell executes TRS operations in Kuwait’s first offshore Jurassic well

Shell Nigeria’s BOGT landlord threatens $5bn lawsuit over ‘illegal’ asset sale