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SM Energy and Northern Oil and Gas partner to acquire XCL Resources’ assets for $2.55bn
Offshore Technology· 24 hours agoUS shale drilling companies SM Energy and Northern Oil and Gas (NOG) have reached an agreement to...
Oil and gas sector seeks investor-friendly reforms in Budget, wants gas under GST
Financial Express· 2 days agoThe county’s oil and gas sector seeks supportive regulatory reforms in order to stabilise gas prices...
Russian oil and gas revenues set to rise 50% YoY in June
Offshore Technology· 3 days agoRussia’s oil and gas revenues for June are set to increase by more than 50% year-on-year, reaching...
UK General Election: what you need to know about the oil and gas windfall tax
Offshore Technology· 21 hours agoSea – which Labour has said they would remove. Labour: The manifesto promises £7.4bn of tax rises...
US DOE and EPA offer $850m funding to curb oil sector methane emissions
Offshore Technology· 5 days agoThe US Department of Energy (DOE) and Environmental Protection Agency (EPA) are seeking applications...
ICICI Prudential MF launches energy fund with eye on demand growth
Business Standard India· 1 day agoICICI Prudential Mutual Fund (MF) has announced the launch of Energy Opportunities Fund, a thematic...
Quantum Capital to acquire Caerus Oil and Gas in $1.8bn deal
Offshore Technology· 3 days agoUS-based private equity company Quantum Capital Group has reached an agreement to purchase Caerus ...
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%...
Siemens Energy, GE Vernova Each Will Build Two, 2-GW Gas-Fired Power Stations in Saudi Arabia
POWER Magazine· 5 days agoSiemens Energy and GE Vernova each announced the companies would support construction of large...
SM Energy nears XCL Resources acquisition at $3bn valuation
Offshore Technology· 2 days agoMidstream, which controls midstream properties in southern Lea County, New Mexico. Quantum Capital...