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Oil and gas news
436 posts
OMV Schwechat refinery in Austria completes major turnaround
In a significant development that underscores OMV’s commitment to operational excellence, the OMV Schwechat Refinery announced the successful…
HF Sinclair to acquire Holly Energy Partners in stock-cash deal
In a significant development poised to reshape the energy landscape, HF Sinclair Corporation (NYSE: DINO) has unveiled plans…
Carlyle to sell Assala Energy to Etablissements Maurel & Prom SA: Key details unveiled
Global investment behemoth, Carlyle (NASDAQ: CG), has broadcasted its decision to offload Assala Energy, an upstream oil exploration…
SilverBow Resources to acquire Chesapeake’s South Texas assets for $700m
SilverBow Resources, Inc. (NYSE: SBOW) has officially inked an agreement to procure the oil and gas assets located…
Chevron locks in $7.6bn PDC Energy buyout to strengthen US basin footprint
Chevron Corporation (NYSE: CVX) has solidified its hold in the U.S. basins by successfully finalizing the acquisition of…
Absheron Gas Field : ADNOC, SOCAR, and TotalEnergies announce strategic transaction
The Abu Dhabi National Oil Company (ADNOC) is set to acquire a 30% equity stake in the producing…
NG Energy initiates drilling at Aruchara-3 at Maria Conchita field, Colombia
NG Energy International Corp. has initiated drilling at the Aruchara-3 well at the producing Maria Conchita field in…
Strathcona Resources and Pipestone Energy to merge: A look at Canada’s newest oil giant
Strathcona Resources has struck a monumental deal, agreeing to acquire Pipestone Energy in an all-stock transaction valued at…
Egypt’s DISOUCO JV sets benchmark in emission reduction with zero routine flaring
Wintershall Dea, in collaboration with its partner, the Egyptian Natural Gas Holding Company (EGAS), has reached a historic…
Valaris bags 12-well contract for VALARIS DS-7 in West Africa for $364m
Valaris Limited (NYSE: VAL) has announced a significant offshore contract, valued at $364 million, for the reactivation of…