Latest Headlines

  1. RRC Adopts Major New Oil And Gas Waste Management Rules 12/17/2024

    After extensive reviews of public comments and stakeholder input, the Railroad Commission of Texas has adopted a significant overhaul of rules regulating oil and gas waste management facilities in Texas. RRC Commissioners voted to adopt the new regulations at their open meeting today.

  2. Petro-Victory Signs Exclusivity Agreement For The Acquisition Of 13 Oil-Producing Fields In Brazil 12/17/2024

    Petro-Victory Energy Corp. ("Petro-Victory" or the "Company") is pleased to announce the signature of an exclusivity agreement with Brava Energia S.A. ("Brava") for the potential acquisition of 13 oil-producing fields in Rio Grande do Norte, Potiguar Basin.

  3. TechnipFMC Awarded Substantial Subsea Contract For Shell's Bonga North Development In Nigeria 12/17/2024

    TechnipFMC has been awarded a substantial(1) contract by Shell Nigeria Exploration and Production Company Limited to supply Subsea 2.0 production systems for the Bonga North development in Nigeria.

  4. Seadrill Announces Brazil Contract Award For West Jupiter 12/17/2024

    Seadrill Limited ("Seadrill" or the "Company") today announced the ultra-deepwater drillship, West Jupiter, was awarded a 1,095-day contract in Brazil following a competitive tender process.

  5. API: 'It's Time To Lift The Pause On New LNG Export Permits' 12/17/2024

    The American Petroleum Institute (API) today released the following statement from President and CEO Mike Sommers in response to the U.S. Department of Energy’s (DOE) study on the impacts of liquefied natural gas (LNG) exports.

  6. Biden-Harris Administration Announces $109M From Investing In America Agenda To Clean Up Legacy Pollution On Federal Lands And Waters 12/16/2024

    The Department of the Interior today announced a $109.6M investment through President Biden’s Investing in America agenda to put people to work plugging, remediating and reclaiming orphaned oil and gas wells in national parks, national forests, national wildlife refuges, and on other public lands and waters.

  7. Vitesse Energy To Acquire Lucero Energy In Accretive All-Stock Transaction Supporting Increase To Vitesse's Dividend 12/16/2024

    Vitesse Energy, Inc. (“we,” “Vitesse,” or the “Company”) and Lucero Energy Corp. (“Lucero”) today announced they have entered into a definitive agreement under which Vitesse will acquire Lucero in an all-stock transaction with a fully diluted equity value of US$222M.

  8. ADNOC Signs 15-Year, 0.6 mtpa Sales And Purchase Agreement With EnBW For Ruwais LNG P 12/16/2024

    ADNOC announced today it has signed a third Sales and Purchase Agreement (SPA) for the lower-carbon Ruwais liquefied natural gas (LNG) project, with Germany’s EnBW Energie Baden-Württemberg AG (EnBW), one of the largest operators of energy infrastructure in Germany and across Europe.

  9. OEUK Response To News Of The Launch Of The UK And Norway Green Industrial Partnership 12/16/2024

    Following today’s announcement that the UK and Norway governments have agreed to support a new Green Industrial Partnership that will combine their capabilities on clean energy and drive economic growth, OEUK HSE & Operations Director Mark Wilson said.

  10. CNOOC Limited Subsidiary Signed SPA With INEOS Energy 12/13/2024

    CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces that CNOOC Energy Holdings U.S.A. Inc., a US-based subsidiary of its wholly owned subsidiary CNOOC International Ltd., has entered into the Stock Purchase Agreement (the "SPA") with a subsidiary of INEOS Energy for the sale of CNOOC Holdings U.S.A. Inc.