trends

(WO) – Crescent Energy Company announced the closing of its acquisition of SilverBow Resources, Inc. The transaction was closed ahead of schedule. The SilverBow integration is well underway, with approximately $35 million of […]

(WO) – Petrobras has made an offer to acquire a significant stake in Galp Energia’s highly-anticipated oil and gas discovery offshore Namibia, according to Reuters. If successful, Petrobras would become the operator of the Mopane […]

(WO) – PETRONAS signed Production Sharing Contracts (PSCs) for three clusters of Discovered Resource Opportunities (DRO) marketed under the Malaysia Bid Round Plus (MBR+) Round I. These clusters are located offshore Peninsular Malaysia. […]

(WO) – Natural Allies for a Clean Energy Future (NACEF) and the Partnership to Address Global Emissions (PAGE) released a comprehensive study on the lifecycle of greenhouse gas emissions (GHG) from U.S. liquefied natural gas […]

(WO) – Petrobras ended Q2 2024 with an average production of 2.7 MMboed, an increase of 2.4% compared to the same period of the previous year. The increase was driven by the increase in production […]

(Bloomberg) – Viaro Energy Ltd. agreed to buy a number of gas fields in the UK North Sea from Shell Plc and Exxon Mobil Corp., giving the closely held company its first role as an […]

(WO) — TotalEnergies has announced its withdrawal from offshore Blocks 11B/12B and 5/6/7 off the southern coast of South Africa. This decision follows the exit of partner CNRI from Block 11B/12B, where TotalEnergies EP South […]

(WO) — Vital Energy and Northern Oil and Gas have signed an agreement to acquire Point Energy Partners for $1.1 billion. Vital Energy will purchase 80% of Point’s assets, while NOG will acquire the remaining […]

(Bloomberg) — Baker Hughes Co. lowered its expectations for U.S. shale activity, saying an anticipated recovery in oil drilling is no longer likely this year. The world’s No. 2 oil-services provider by market […]

(WO) — Zephyr Energy plc has released initial results from the State 36-2R well at its Paradox Basin project in Utah. The early production test shows promising outcomes for the well, which was evaluated at […]