Current Headlines
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Shah Deniz Awards Three New Contracts For Compression Project
10/14/2025
The Shah Deniz consortium is pleased to announce the award of three major offshore contracts to advance the Shah Deniz Compression (SDC) project.
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Shell Invests In Nigeria Offshore Gas Development
10/14/2025
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, together with Sunlink Energies and Resources Limited, have taken a final investment decision (FID) on the HI gas project offshore Nigeria.
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API President & CEO Mike Sommers Highlights America's New Era Of Energy Leadership At Drake Energy Security Forum
10/14/2025
Speaking at the historic Drake Well Museum — the birthplace of modern energy — American Petroleum Institute (API) President and CEO Mike Sommers today called for a new era of American energy leadership focused on innovation, infrastructure, and the ability to build.
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OGCI Annual Report Marks Further Progress Reducing Emissions And Driving Momentum Across The Oil And Gas Sector
10/14/2025
The Oil and Gas Climate Initiative’s (OGCI) annual report published Tuesday highlights member companies’ continued progress reducing emissions, advancing low-carbon solutions, and forging global partnerships to accelerate industry-wide decarbonization.
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Valaris Announces Contract Award For Drillship VALARIS DS-12
10/13/2025
Valaris Limited (“Valaris” or the “Company”) announced today that it has been awarded a five-well contract with Bp Exploration Delta Limited for drillship VALARIS DS-12 in Egypt.
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Innovative Three-Phase Separator Solutions For High Water-Cut Oilfields
10/10/2025
Across the globe, every ton of crude oil produced is accompanied by 3 to 6 tons of produced water. In China, with an annual crude oil output of about 4 billion tons, the volume of produced water requiring treatment is enormous. However, the national reuse rate remains below 70%.
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Strathcona Resources Ltd. Terminates Take-Over Bid For MEG Energy Corp., Announces Shareholder Meeting To Approve Special Distribution, And Provides Corporate Update
10/10/2025
Strathcona Resources Ltd. (“Strathcona“) today announced: (i) the termination of its take-over bid (the “Offer“) for MEG Energy Corp. (“MEG“), (ii) a meeting of shareholders to approve a special distribution of $10.00 / share, and (iii) a corporate update.
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406 Energy Holdings, LLC Announces Partnership With NGP
10/10/2025
406 Energy, LLC (“406”) is proud to announce its formation with an initial equity commitment from NGP Natural Resources XIII, L.P. and the 406 Energy management team.
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Carnelian Energy Capital Closes Canada-Focused Fund At $600M Hard Cap In Oversubscribed, Single Closing
10/9/2025
Carnelian Energy Capital Management, L.P. (Carnelian) today announced the oversubscribed, single closing of Carnelian Acquisition and Development, L.P. (CAD), at the fund’s hard cap of $600 million in limited partner capital commitments.
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Ohio Organizations Applaud Bipartisan Ohio House Vote Advancing Carbon Capture, Utilization, And Storage Legislation
10/9/2025
Today, a broad coalition of organizations in Ohio praised the State House for passing House Bill 170 to establish a process to regulate carbon capture and storage (CCUS) technology in Ohio.