Latest Headlines

  1. Murphy Oil Corporation Announces Strategic Acquisition Of Floating Production Storage And Offloading Vessel In Gulf Of America 3/12/2025

    Murphy Oil Corporation today announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the BW Pioneer floating production storage and offloading vessel (FPSO) from BW Offshore.

  2. IPAA Commends President Trump, Administrator Zeldin For Efforts To Reform And Streamline Regulations 3/12/2025

    Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman issued the following statement on EPA’s announcement today of actions to advance President Trump’s Day One executive orders on energy:

  3. Trump EPA Announces OOOO b/c Reconsideration Of Biden-Harris Rules Strangling American Energy Producers 3/12/2025

    U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin announced the agency is reconsidering Biden-Harris regulations for the oil and gas industry under Section 111 of the Clean Air Act and Subpart W of the Greenhouse Gas Reporting Program.

  4. Quorum Software Acquires zdSCADA 3/11/2025

    Quorum Software, a leading provider of energy software worldwide, today announced that it has acquired zdSCADA, an established leader in cloud-based supervisory control and data acquisition (SCADA) technology.

  5. Westwood: Deferred Well Plug And Abandonment Could Add $5.5B To UK Decommissioning Bill 3/11/2025

    Latest analysis from Westwood Global Energy Group (Westwood), the specialist energy market research and consultancy firm, reveals the extent of financial and logistical hurdles for North Sea decommissioning.

  6. Baker Hughes, NextDecade Enter Framework Agreement For Rio Grande LNG Expansion Trains 3/11/2025

    Baker Hughes (NASDAQ: BKR), an energy technology company, and NextDecade Corporation (NASDAQ: NEXT) and announced Tuesday that they have entered into a framework agreement whereby NextDecade plans to utilize Baker Hughes’ gas turbine and refrigerant compressor technology (Equipment Packages) and enter into contractual services agreements to perform maintenance work for these Equipment Packages for Trains 4 through 8 at the Rio Grande LNG Facility.

  7. EIA Updates Forecast For 2025 U.S. Natural Gas Prices, Expects Oil Prices To Decrease Later In The Year 3/11/2025

    The U.S. Energy Information Administration (EIA) revised its forecast for 2025 average U.S. benchmark Henry Hub natural gas spot prices upward following a cold end to February.

  8. BW Energy: Substantial Oil Discovery Made On The Bourdon Prospect 3/7/2025

    BW Energy is pleased to announce a substantial oil discovery with good reservoir quality on the Bourdon prospect in the Dussafu Licence offshore Gabon.

  9. Vitesse Energy Announces Completion Of Lucero Acquisition 3/7/2025

    Vitesse Energy, Inc. (“we,” “our,” “Vitesse,” or the “Company”) announced today the completion of its previously announced acquisition (the “Arrangement”) of Lucero Energy Corp. (“Lucero”).

  10. DNO To Acquire Sval Energi In Transformative Transaction; Quadruples North Sea Output 3/7/2025

    DNO ASA, the Norwegian oil and gas operator, today announced it has reached agreement to acquire 100 percent of the shares of Sval Energi Group AS from HitecVision for a cash consideration of USD 450 million based on an enterprise value of USD 1.6 billion.