Latest Headlines

  1. AI-Powered Oil Spill Prediction System Improves Accuracy By Up To 25%, With Significant Potential To Enhance Emergency Response 10/2/2025

    Oil spills can be among the most devastating environmental disasters, with the potential to severely damage marine ecosystems, disrupt coastal communities, and impose lasting economic damage.

  2. Berkshire Hathaway Inc. To Acquire OxyChem 10/2/2025

    Berkshire Hathaway and Occidental today announced a definitive agreement for Berkshire Hathaway to acquire Occidental’s chemical business, OxyChem, in an all-cash transaction for $9.7B, subject to customary purchase price adjustments.

  3. Transocean Ltd. Announces $243M In Exercised Options For Ultra-Deepwater Drillships 10/1/2025

    Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced contract fixtures for two of its ultra-deepwater drillships. In aggregate, the fixtures represent approximately $243 million in firm contract backlog.

  4. WaterTectonics And Clearvale Capital Launch WT Oil & Gas: Delivering High-Volume Produced Water Recycling And Reuse Across The Permian Basin 10/1/2025

    WaterTectonics, in partnership with Clearvale Capital, is pleased to announce the launch of WT Oil & Gas, a new subsidiary formed to deliver high-volume, high-performance water treatment solutions to the oil and gas industry.

  5. Unit Corporation Announces Sale Of Its Contract Drilling Business 10/1/2025

    Unit Corporation (Company) today announced that it signed and simultaneously closed a definitive agreement to sell its wholly-owned contract drilling subsidiary, Unit Drilling Company, to Cactus Drilling Company, L.L.C. in an all-cash deal for $120M.

  6. Tamboran To Acquire Falcon Oil & Gas Ltd. To Create ~2.9-Million-Acre Beetaloo Basin Leader 9/30/2025

    “Tamboran will have approximately 2.9 million net prospective acres across the Beetaloo Basin, including 22.5% non-operating interest in all DWE checkers.

  7. TAY Oil Services And Polaris Commission A Pioneering Onshore Seismic Survey For AGOCO In Libya 9/30/2025

    STRYDE, the world’s leading provider of onshore nodal seismic solutions, has been selected by TAY Oil Services and Polaris (TAY Oil – Polaris) to supply its cutting-edge technology for an onshore oil and gas exploration survey in Concession 57 in Libya, commissioned by the state-owned oil company, AGOCO (​The Arabian Gulf Oil Company).

  8. bp Approves Tiber-Guadalupe Project In The US Gulf Of America 9/29/2025

    The Tiber floating production platform, based more than 85% on Kaskida's design, is expected to start production in 2030.

  9. BKV Corporation Successfully Closes $370M Acquisition Of Bedrock Energy Partners' Barnett Shale Assets 9/29/2025

    BKV Corporation ("BKV" or the "Company") today announced the successful completion of the acquisition of all of the issued and outstanding equity interests of Bedrock Production, LLC, resulting in the acquisition of Bedrock Energy Partners’ Barnett Shale assets, for approximately $370M.

  10. Motive Acquires Weld Integrity To Boost Inspection Capabilities And Tap Into Booming Norway Offshore Energy Market 9/26/2025

    Motive has announced the acquisition of Weld Integrity Group. The move to acquire the Norway-based inspection and testing business will significantly boost Motive’s Certification & Inspection (C&I) capabilities, alongside its Norwegian presence.