Current Headlines

31. Cenovus Announces Agreement To Acquire MEG Energy 8/22/2025

    Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced that it has entered into a definitive arrangement agreement to acquire MEG Energy Corp. (TSX: MEG) (“MEG”) in a cash and stock transaction valued at $7.9 billion, inclusive of assumed debt.

32. Significant Oil Discovery In The Yggdrasil Area 8/21/2025

    Aker BP has successfully completed the Omega Alfa exploration campaign in the Norwegian North Sea, resulting in a significant oil discovery that adds substantial new resources to the Yggdrasil area.

33. Sempra And ConocoPhillips Extend Partnership With Offtake Agreement For Port Arthur LNG Phase 2 8/21/2025

    Sempra (NYSE: SRE) today announced that its subsidiary, Sempra Infrastructure, and ConocoPhillips (NYSE: COP) have signed a definitive 20-year sale and purchase agreement (SPA) for 4 million tonnes per annum (Mtpa) of LNG offtake from the Port Arthur LNG Phase 2 development project in Jefferson County, Texas.

34. NETL's AquaTrade: The Produced Water Matchmaker For Oil And Gas Operators 8/20/2025

    NETL has developed a new tool to assist in the reuse and recycle of produced water generated by oil and gas operations, providing the industry with an easy-to-use online portal that encourages responsible water use during the production of U.S. fossil energy resources.

35. Nabors Announces Sale Of Quail Tools To Superior Energy Services For $600M 8/20/2025

    Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today announced it has entered into a definitive agreement to sell Nabors' Quail Tools, LLC ("Quail") subsidiary to Superior Energy Services, Inc. ("Superior"). Net consideration for the sale totals $600 million plus adjustments for net working capital.

36. Interior Department Sets Offshore Energy Leasing Schedule Under One Big Beautiful Bill Act 8/19/2025

    The Department of the Interior is rolling out a long-term schedule for offshore oil and gas lease sales in the Gulf of America and Alaska’s Cook Inlet, as directed by the One Big Beautiful Bill Act (H.R. 1).

37. Emerson's New Temperature Transmitter Delivers Superior Accuracy, Stability, Diagnostic Coverage And Usability 8/19/2025

    Today Emerson announced the release of the Rosemount 3144S Temperature Transmitter, a new industrial measurement solution with the flexibility to meet the most demanding temperature measurement challenges, allowing for increased efficiency, safety and profitability.

38. Nikkiso Selected To Provide Regasification Systems And Engineering Services For LNG-To-Power Project In Bahamas 8/19/2025

    Nikkiso Clean Energy & Industrial Gases Group announced today that it has been contracted by NPG (a joint venture to be formed by Shell and a subsidiary of FOCOL Holdings Limited) to provide liquefied natural gas (LNG) regasification and cryogenic equipment for the New Providence Gas Project in Nassau, the Bahamas.

39. Indonesia Energy Signs Memorandum Of Understanding With Brazilian Energy Company To Explore Energy Opportunities In Brazil 8/19/2025

    Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company focused on high-growth energy assets, today announced that it has signed a Memorandum of Understanding (MOU) dated August 18, 2025 with Aguila Energia e Participações Ltda. (“AEP”), an affiliate of Rio de Janeiro–based investment firm Aguila Capital, led by energy executive Blener Mayhew.

40. GD Energy Products' Y-Shaped Drilling Module Now Rated For 10,000 PSI 8/18/2025

    GD Energy Products (GDEP), the leading total solutions provider for the frac, drilling and well servicing pumps market, has announced its patented Y-Shaped Drilling Module is now rated for operating pressures up to 10,000 psi.