LATEST HEADLINES
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Crescent Energy To Acquire Vital Energy In All-Stock Transaction, Establishing A Top 10 Independent8/25/2025
Crescent Energy Company (“Crescent” or the “Company”) and Vital Energy, Inc. (“Vital”), today announced that they have entered into a definitive agreement (the “Merger Agreement”) pursuant to which Crescent will acquire Vital in an all-stock transaction valued at approximately $3.1B, inclusive of Vital’s net debt (the “Transaction”).
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Cenovus Announces Agreement To Acquire MEG Energy8/22/2025
Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that it has entered into a definitive arrangement agreement to acquire MEG Energy Corp. (TSX: MEG) (“MEG”) in a cash and stock transaction valued at $7.9 billion, inclusive of assumed debt.
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Significant Oil Discovery In The Yggdrasil Area8/21/2025
Aker BP has successfully completed the Omega Alfa exploration campaign in the Norwegian North Sea, resulting in a significant oil discovery that adds substantial new resources to the Yggdrasil area.
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Sempra And ConocoPhillips Extend Partnership With Offtake Agreement For Port Arthur LNG Phase 28/21/2025
Sempra (NYSE: SRE) today announced that its subsidiary, Sempra Infrastructure, and ConocoPhillips (NYSE: COP) have signed a definitive 20-year sale and purchase agreement (SPA) for 4 million tonnes per annum (Mtpa) of LNG offtake from the Port Arthur LNG Phase 2 development project in Jefferson County, Texas.
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Nabors Announces Sale Of Quail Tools To Superior Energy Services For $600M8/20/2025
Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today announced it has entered into a definitive agreement to sell Nabors' Quail Tools, LLC ("Quail") subsidiary to Superior Energy Services, Inc. ("Superior"). Net consideration for the sale totals $600 million plus adjustments for net working capital.
FEATURED PRODUCTS
ABB’s My Measurement Assistant+ is the ultimate digital companion for measurement devices. It leverages Generative AI to streamline maintenance and remote troubleshooting, empowering field technicians and engineers to resolve issues quickly, reduce downtime and enhance operational efficiency.
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A free collection of content designed to help producers meet emerging challenges and understand tools of the future.
OIL AND GAS SPECIAL FEATURE
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INDUSTRY EVENTS
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Houston Global EPC Project Management Summit 2025
September 24 - 26, 2025
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Global EPC Project Management Summit London Sep 2025
September 24 - 26, 2025
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Carbon Capture, Utilization and Storage (CCUS) Conference
October 8 - 9, 2025
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Oil & Gas Automation and Digitalisation Congress (AUTOMA) 2025
October 13 - 14, 2025
Amsterdam -
Argus Biofuels Europe Conference and Exhibition, October 2025, London, UK
October 20 - 22, 2025