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SM Energy nears XCL Resources acquisition at $3bn valuation
Offshore Technology· 1 day agoMidstream, which controls midstream properties in southern Lea County, New Mexico. Quantum Capital...
Construction of Bio-Methane Plants Expected to Begin After Oil India Limited (OIL) Shows Interest |...
The Times of India· 7 days agoBhubaneswar: Construction of a proposed waste-to-energy bio-methane plant in the city is expected to...
Oil trader Coral Energy acquired by management team
Offshore Technology· 3 days agoCoral Energy emerged as one of the main purchasers of Russian goods and oil in 2021–22, including from the massive state-owned Rosneft. Approximately 25%...
What North Sea policies would a UK Labour government pass?
Energy Monitor· 3 hours agoOf the incumbent Conservative Party, the report says Prime Minister Rishi Sunak’s pledges would...
Gap between US energy production and consumption now biggest ever
Offshore Technology· 1 day agoEnergy production rose by 4% to hit a record of nearly 103Btu, while energy consumption eased by 1%,...
Oil picks pace after MidEast strain fuels supply worries; Brent up 2% to $86/bbl
Livemint· 1 day agoBrent crude oil futures were last up 92 cents, or 1.08 per cent, to $86.17 per barrel driven by...
Siemens Energy, GE Vernova Each Will Build Two, 2-GW Gas-Fired Power Stations in Saudi Arabia
POWER Magazine· 4 days agoSiemens Energy and GE Vernova each announced the companies would support construction of large...
Siemens to build two gas-fired power plants in Saudi Arabia
Power Technology· 1 day agoSiemens Energy’s gas turbines will be installed, generating 2GW of electricity at each site, with...
BP ponders shifting focus away from renewables, say sources
Offshore Technology· 1 day agoEarlier this month, John Browne, the former head of bp, backed a Labour Party pledge to end North...
Aramco signs 20-year LNG offtake deal with Sempra
Offshore Technology· 2 days agoSaudi oil and gas major Aramco has entered into a non-binding HOA with US energy infrastructure company Sempra for the purchase of five ...