Latest Headlines
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TotalEnergies Accelerates Its Gas-To-Power Integration Strategy In Europe By Acquiring 50% Of A Portfolio Of Flexible Power Generation Assets From EPH
11/17/2025
TotalEnergies announces the signing of an agreement with Energetický a průmyslový holding, a.s. (EPH) for the acquisition of 50% of its flexible power generation platform (gas-fired and biomass power plants, batteries) in Western Europe (Italy, United Kingdom and Ireland, Netherlands, France), valued at €10.6B (enterprise value), i.e. a multiple of 7.6x 2026 EBITDA.
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API Applauds EPA Approval Of Texas Class VI Primacy
11/13/2025
The American Petroleum Institute (API) released the following statement from President and CEO Mike Sommers on the U.S. Environmental Protection Agency’s (EPA) decision to grant primacy to the state of Texas over Class VI wells.
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Cenovus Announces Closing Of MEG Energy Acquisition
11/13/2025
Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) is pleased to announce that its acquisition of MEG Energy Corp. (TSX: MEG) (MEG) was completed today.
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DeepOcean Awarded Installation Work On Gas Project By Equinor
11/13/2025
Ocean services provider DeepOcean has been awarded a contract by Equinor to provide various subsea construction and installation activities as part of the Snorre Export and Import Gas Project (SNEIG) for offshore execution in 2026.
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Chevron Outlines Plan For Sustained Cash Flow Growth At Investor Day
11/12/2025
At its investor day, Chevron Corporation outlined its five-year plan to 2030 and how it intends to deliver sustained cash flow growth, further strengthen its portfolio, advance power solutions for AI data centers, and grow shareholder distributions.
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TGS And Viridien Announce Early Out Results From Laconia Phase III Ultra-Long Offset OBN Survey
11/12/2025
TGS, a global leader in energy data and intelligence, in collaboration with joint venture partner Viridien, an advanced technology, digital and earth data company, today announced the availability of early out results from the Laconia Phase III ultra-long offset ocean bottom node (OBN) survey in the Gulf of America.
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Energy Department Awards Contracts To Begin Refilling The Strategic Petroleum Reserve
11/12/2025
The U.S. Department of Energy (DOE) today announced that contracts have been awarded for the acquisition of approximately one million barrels of crude oil for the Strategic Petroleum Reserve (SPR).
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Guyana: TotalEnergies Becomes Operator With A New Offshore Exploration License
11/11/2025
TotalEnergies (40%, operator) and its partners QatarEnergy (35%) and Petronas (25%) have signed a production sharing contract for Block S4 with Guyana’s Ministry of National Resources represented by His Excellency Vickram Bharrat, following the block’s 2023 award in the Guyana 2022 Licensing Round.
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Glenfarne, Baker Hughes Announce Definitive Agreements To Advance Alaska LNG
11/10/2025
Alaska LNG, majority owned and developed by Glenfarne Alaska LNG, LLC (Glenfarne), and Baker Hughes (NASDAQ: BKR), an energy technology company, on Monday announced a strategic alliance to advance the Alaska LNG Project.
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Tenaris Expands Permian Capabilities With New Rail Spur At Midland Service Center
11/6/2025
The new section of railroad will directly connect the company’s yard with the Union Pacific railway, allowing pipe to be safely unloaded by rail. Construction on the rail spur is planned to start in early 2026 with its completion forecasted later the same year.