Independence Energy LLC and Contango Oil & Gas Co. agreed to combine on June 8 in an all-stock transaction set to create a consolidation machine for the upstream oil and gas industry. Independence is an upstream […]
Turkish President Tayyip Erdogan is expected to announce a new gas discovery in the Black Sea on Friday, state-owned Anadolu news agency reported late on Thursday. In an interview with state broadcaster TRT Haber on Tuesday, Erdogan said he would announce “good news” […]
Exxon announced Wednesday that a third new member has been appointed to the company’s board, following a week of vote counting after the company was caught by surprise by a shareholder insurrection last week led by activist investor Engine […]
WASHINGTON—The Biden administration is putting a hold on oil and gas leases in the Arctic National Wildlife Refuge in Alaska, the latest move in its effort to stop a first-ever oil-drilling program in the pristine […]
A bill that could unlock federal funds to help clean up abandoned oil and gas wells while also raising bonding rates energy companies pay to fund such efforts passed a Congressional committee this week after […]
A Dutch court ordered Royal Dutch Shell to drastically deepen planned greenhouse gas emission cuts on Wednesday, in a landmark ruling that could trigger legal action against energy companies around the world. Shell said it […]
LONDON, – Japan’s JX Nippon wants to sell its British North Sea oil and gas assets including stakes in some of the basin’s biggest fields in a deal that could fetch up to $1.5 billion, […]
Denver — Despite ever-improving returns across nearly all US shale fields, publicly traded companies continue to demonstrate restraint in drilling and completion activity with production forecasts showing dips next month in every major basin but the […]
GEORGETOWN, – Exxon Mobil Corp said on Friday it will reinstall a gas compressor at its Liza Destiny platform off Guyana’s coast in June, after an equipment failure last month prompted the company to slash output. The […]
ExxonMobil has boosted its 2025 forecast for Guyana crude production to up to 800,000 b/d with plans for a fourth project on the deepwater Stabroek block, the company said in its latest environmental permit application. […]
Copyright © 2026 | Sandstone Group