In 2023, crude oil and natural gas exploration and production (E&P) companies increased spending on mergers and acquisitions (M&A) to $234 billion, the most in real 2023 dollars since 2012. Recent dealmaking marks a return to the previous […]
Riding on the heels of Austria’s largest gas discovery in 40 years by Austrian OMV, junior explorer MCF Energy (TSXV:MCF; OTC:MCFNF) announced on Monday morning another potentially significant find in their maiden drill in the Austrian Alps. On Monday, just […]
HOUSTON, March 18, 2024 /PRNewswire/ — Talos Energy Inc. (“Talos”) (NYSE: TALO) today announced that it has entered into an agreement for the sale of its wholly owned subsidiary, Talos Low Carbon Solutions LLC (“TLCS”), to TotalEnergies […]
Climate activists in four countries are blocking access to North Sea oil infrastructure as part of a coordinated pan-European civil disobedience protest. Blockades have been taking place at oil and gas terminals, refineries and ports […]
ENB Pub Note: This is horrific and a political socialist power grab for votes. The war on oil and gas is guided by misinformation and political corruption. If you are a political official or running […]
In the final publication of EPA’s Standards of Performance for New, Reconstructed, and Modified Sources and Emissions Guidelines for Existing Sources: Oil and Natural Gas Sector Climate Review (Referred to as “NSPS OOOOb”) published in […]
A major development led by Chevron Corp. to boost oil output at Kazakhstan’s Tengiz field will cost about $48.5 billion, according to people familiar with the matter. The US oil giant said at its third-quarter […]
(WO) – Axis Energy Services successfully deployed the oil and gas industry’s first fully electric well service rig on wells operated by Occidental. Axis’ EPIC RIG provides improvements in safety and efficiency, as well as […]
EuropeOffshore Equinor Norwegian energy giant Equinor has extended contracts for drilling services on the Norwegian Continental Shelf with KCA Deutag, Odfjell Technology, and Archer. The initial contracts with the trio were signed in 2018 with […]
(WO) – Wintershall Dea and its partners, Petoro, Aker BP, and PGNIG, have successfully completed drilling for an appraisal well on the Adriana gas and condensate discovery in the Norwegian Sea. They are now evaluating […]
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