Latest Headlines

1. FracTracker Alliance Launches Public Data Portals On Oil, Gas, And Petrochemicals 8/26/2025

   FracTracker Alliance announces the launch of two public data portals that make millions of oil, gas, and petrochemical records free and accessible to the public.

2. Baker Hughes Awarded Long-Term Service Agreement By bp For Tangguh LNG Operations, Supporting Indonesia's Energy Future 8/26/2025

   Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday a long-term service agreement award from bp for its Tangguh Liquefied Natural Gas (LNG) plant in Papua Barat, Indonesia.

3. SLB OneSubsea Awarded EPC Contract For Equinor's Fram Sør Project 8/25/2025

   Global energy technology company SLB announced today that its OneSubsea joint venture has been awarded an engineering, procurement and construction (EPC) contract by Equinor for a 12-well, all-electric Subsea Production System (SPS) in the Fram Sør field, offshore Norway.

4. Seadrill Announces Contracts In Angola For Sonadrill Joint Venture 8/25/2025

   Seadrill Limited ("Seadrill" or the "Company") today announced Sonadrill Holding Ltd ("Sonadrill"), its 50:50 joint venture with an affiliate of Sonangol E.P. ("Sonangol"), has been awarded two contracts, positioning the joint venture for long-term success.

5. Crescent Energy To Acquire Vital Energy In All-Stock Transaction, Establishing A Top 10 Independent 8/25/2025

   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”).

6. Cenovus Announces Agreement To Acquire MEG Energy 8/22/2025

   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.

7. Significant Oil Discovery In The Yggdrasil Area 8/21/2025

   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.

8. Sempra And ConocoPhillips Extend Partnership With Offtake Agreement For Port Arthur LNG Phase 2 8/21/2025

   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.

9. NETL's AquaTrade: The Produced Water Matchmaker For Oil And Gas Operators 8/20/2025

   NETL has developed a new tool to assist in the reuse and recycle of produced water generated by oil and gas operations, providing the industry with an easy-to-use online portal that encourages responsible water use during the production of U.S. fossil energy resources.

10. Nabors Announces Sale Of Quail Tools To Superior Energy Services For $600M 8/20/2025

    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.