MILAN, June 23 (Reuters) – Italy’s Eni and its Norwegian unit Vaar have agreed to buy private-equity backed Neptune Energy in a deal valuing the assets of the gas and oil producer at $4.9 billion […]
Nearly half of about 100 exploration and production (E&P) companies surveyed by the Federal Reserve Bank of Dallas say they expect their drilling and completion costs at yearend to be below those of late 2022. […]
French oil and gas giant TotalEnergies has announced a partnership with German gas distributor VNG to utilise green hydrogen in its refining process. The deal will see VNG provide TotalEnergies with green hydrogen for use in its […]
June 19 (Reuters) – Civitas Resources Inc (CIVI.N) is nearing a deal to acquire oil and gas operations in the Permian basin from private equity firm NGP Energy Capital Management LLC for close to $5 billion, including […]
VANCOUVER, BC , June 19, 2023 /PRNewswire/ – DESERT MOUNTAIN ENERGY CORP. (the “Company”) (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that it has signed a binding letter of intent […]
The U.S. Energy Department’s weekly inventory release showed a lower-than-expected increase in natural gas supplies. Following the positive inventory numbers, futures gained nearly 17% week over week to close at their highest since March. Other […]
The increased windfall tax in the UK on oil and gas producers’ profits combined with the rise in capital costs for the development of what is seen as one of North Sea’s largest undeveloped oil […]
Over the past decade, green and socially-responsible investments, aka ESG (Environmental, Social, and Governance) investing, have emerged as one of the biggest investment megatrends in modern times. For years, trillions of dollars in new global funds flowed […]
Comprehensive U.S. Oilfield Services Franchise to Enhance Drilling and Completions Value Creation Potential and Maximize Returns for Shareholders Combined $5.4 Billion Total Enterprise Value Drives Improved Free Cash Flow Generation and Strong Balance Sheet to […]
Legal & General Investment Management, the UK’s largest asset manager, said it wants Shell Plc to explain how it thinks it can still reach net zero emissions by 2050 while ratcheting up investments in fossil […]
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