Vermilion Energy’s 2024 surge: Higher cash flow, major gas find, and growth plans
Vermilion Energy Inc. has reported its financial and operational performance for 2024, demonstrating resilience and strategic growth amid fluctuating energy markets. The company posted fund ... Read More
Western Midstream expands Delaware Basin operations with Pathfinder Pipeline and long-term Occidental agreement
Western Midstream Partners, LP (NYSE: WES) has announced a major expansion of its midstream infrastructure in the Delaware Basin, reinforcing its commitment to long-term operational ... Read More
Phoenix Energy secures $10m in North Dakota oil leases, strengthening U.S. shale production
Phoenix Energy has significantly expanded its oil and gas footprint with a major acquisition of high-value energy assets in North Dakota. The company secured more ... Read More
ConocoPhillips to sell Ursa and Europa interests to Shell in $735m deal
ConocoPhillips has entered into a definitive agreement to sell its working interests in the Ursa and Europa Fields, along with its stake in Ursa Oil ... Read More
Game-changer in energy services? Flowco sets sights on IPO
Flowco, a provider of production optimization solutions for the oil and gas industry, has filed for an initial public offering (IPO) with the U.S. Securities ... Read More
TotalEnergies accelerates near-zero methane emissions target with real-time detection technology
TotalEnergies, in line with its commitment to achieving near-zero methane emissions by 2030, has announced a significant expansion in its monitoring and reduction strategies. The ... Read More
Phillips 66 ordered to pay $605m in trade-secrets case with Propel Fuels
Phillips 66, the Houston-based oil and gas giant, has been ordered to pay $604.9 million following a trade secrets lawsuit filed by Propel Fuels. A ... Read More
Saipem shares rise after $2bn contract win from Saudi Aramco for Marjan field
Saipem, the Italian energy services giant, saw its shares rise by 2.5% after securing a major $2 billion offshore contract from Saudi Arabian Oil Company ... Read More
TGS secures major seismic survey in Indonesia—Unlocking new exploration opportunities
TGS, a leading global provider of energy data and subsurface intelligence, has been awarded a contract to conduct a 2D seismic survey offshore Sumatra, Indonesia. ... Read More
Shelf Drilling lands major deals in West Africa—A new era for offshore drilling?
Shelf Drilling, a leading contractor specializing in shallow-water offshore drilling, has announced the acquisition of new contract awards for two of its jack-up rigs in ... Read More