Current Headlines
-
California Resources Corporation Announces All-Stock Combination With Berry Corporation
9/15/2025
California Resources Corporation (NYSE: CRC) (“CRC”) and Berry Corporation (NASDAQ: BRY) (“Berry”) jointly announced today their entry into a definitive agreement to combine in an all-stock transaction valuing Berry at approximately $717 million, inclusive of Berry’s net debt1.
-
Woodside Welcomes Approval Of North West Shelf Project Extension
9/12/2025
Woodside and the North West Shelf Joint Venture welcome the Australian Government’s final decision to grant environmental approval for the North West Shelf Project Extension.
-
ABS Approves Blue Ammonia FPSO Concept From SBM Offshore
9/11/2025
A new design from SBM Offshore of a floating production storage and offloading (FPSO) unit focused on the production of blue ammonia has earned approval in principle from ABS.
-
Baker Hughes To Supply Integrated Subsea, Completion Systems For Turkish Petroleum's Sakarya Gas Field Phase 3
9/11/2025
Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday a significant award from Turkish Petroleum (TPAO) and Turkish Petroleum Offshore Technology Center (TP-OTC) to supply subsea production and intelligent completion systems in the country’s strategic Sakarya Gas Field Phase 3.
-
Alaska LNG And JERA Sign Letter Of Intent For LNG Offtake
9/10/2025
Today Alaska LNG, majority owned and developed by Glenfarne Alaska LNG, LLC (“Glenfarne”) and JERA Co., Inc. (“JERA”), Japan’s largest power generation company, signed a Letter of Intent for the sale of one million tonnes per annum (“MTPA”) of liquified natural gas from the Alaska LNG Project over a 20-year term on a Free-on-Board basis.
-
United States: TotalEnergies Reaches Final Investment Decision With Its Partners On Rio Grande LNG Train 4, With A 10% Direct Participating Interest And 1.5 MT LNG Offtake
9/10/2025
TotalEnergies has signed agreements with NextDecade to take a 10% stake in the joint venture developing Train 4 of Rio Grande LNG (RGLNG), a liquefied natural gas (LNG) plant project located in South Texas.
-
McDermott Awarded Deepwater Subsea Contract By PTTEP In Malaysia
9/9/2025
McDermott has been awarded a large* offshore subsea contract by PTTEP Sabah Oil Limited (PTTEP) for the Block H gas field expansion project, located offshore Sabah, in East Malaysia covering the Alum, Bemban and Permai deepwater fields.
-
bp Signs Memorandum Of Understanding To Drill Five Wells In The Mediterranean
9/9/2025
bp has announced the signing of a Memorandum of Understanding (MoU) to evaluate opportunities for a five-well programme at water depth ranging from 300 to 1,500 meters in the Mediterranean Sea.
-
Diversified Energy Expanding Leadership Position In Oklahoma With Accretive Acquisition Of Canvas Energy
9/9/2025
Diversified Energy Company PLC (LSE:DEC; NYSE:DEC) (“Diversified” or the “Company”) is pleased to announce that it has entered into an agreement to acquire Canvas Energy (the “Seller”) (together with the assets, the “Acquisition”) for total consideration of approximately $550 million.
-
API Releases Policy Roadmap To Fix America's Broken Permitting System
9/9/2025
The American Petroleum Institute (API) today released a policy roadmap urging Congress to modernize the nation’s outdated permitting system and ensure access to affordable, reliable energy at a time of rising demand and soaring electricity costs.