Petrobras unleashes its latest powerhouse—FPSO Maria Quitéria starts pumping
The FPSO (Floating Production, Storage, and Offloading) vessel Maria Quitéria, operated by Petrobras, has commenced operations in the Jubarte field, part of Brazil’s pre-salt Campos ... Read More
PHX Minerals shares surge as WhiteHawk Energy reaffirms $4 acquisition offer
Shares of PHX Minerals Inc. (PHX) saw a notable rise after WhiteHawk Energy reiterated its offer to acquire the oil and gas royalty company for ... Read More
ADNOC strengthens UAE-India energy ties with 15-year LNG deal with IndianOil
The Abu Dhabi National Oil Company (ADNOC) has entered into a significant 15-year agreement with Indian Oil Corporation Ltd (IndianOil) for the supply of 1 ... Read More
Talos Energy unveils major oil discovery and new drilling initiative in Gulf of Mexico
Talos Energy Inc. (NYSE: TALO) has revealed a major oil discovery with its Ewing Bank 953 well, located in the prolific U.S. Gulf of Mexico. ... Read More
Tourmaline Oil Corp. to acquire Crew Energy Inc. in C$1.3bn deal
Tourmaline Oil Corp. (TSX: TOU) has announced a major acquisition of Crew Energy Inc. in a deal valued at approximately CAD 1.3 billion. The arrangement ... Read More
Arrow Energy set to make bold expansion with Surat Gas Project Phase 2
Arrow Energy, a joint venture between Shell and PetroChina, is poised to significantly boost its production capabilities with the initiation of Phase 2 of the ... Read More
Jerun gas field commences production to boost Malaysia’s energy capabilities
SapuraOMV Upstream Sdn Bhd, the operator of the Jerun gas field in Malaysia, has successfully commenced gas production, marking a significant milestone. The field, which ... Read More
Natural gas in rural homes: A clean energy source with hidden risks
In many rural areas, natural gas has become a preferred energy source, replacing petroleum gases for cooking, heating, and lighting. It's also utilized in electricity ... Read More
Summit Midstream Partners divests Utica assets to MPLX LP for $625m
Summit Midstream Partners, LP (NYSE: SMLP) announced a significant transaction, selling its Utica Position, comprising approximately 36% interest in Ohio Gathering Company, LLC ("OGC"), approximately ... Read More
Pearl Street Capital Partners acquires Measurement Control Systems to bolster infrastructure sector growth
Pearl Street Capital Partners, LLC (PSCP) has officially announced its acquisition of Measurement Control Systems (MCS), marking a significant move within the infrastructure sector. This ... Read More