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Oil and gas sector seeks investor-friendly reforms in Budget, wants gas under GST
Financial Express· 12 hours 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· 2 days agoRussia’s oil and gas revenues for June are set to increase by more than 50% year-on-year, reaching...
SM Energy nears XCL Resources acquisition at $3bn valuation
Offshore Technology· 21 hours agoMidstream, which controls midstream properties in southern Lea County, New Mexico. Quantum Capital...
India's downstream oil and gas profits to fall; upstream to remain strong: Fitch Ratings
The Economic Times· 6 days agoIndia's oil and gas sector is poised for a nuanced fiscal performance in FY24, with anticipated...
Quantum Capital to acquire Caerus Oil and Gas in $1.8bn deal
Offshore Technology· 2 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· 2 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%...
Gap between US energy production and consumption now biggest ever
Offshore Technology· 23 hours agoEnergy production rose by 4% to hit a record of nearly 103Btu, while energy consumption eased by 1%,...
Aramco signs 20-year LNG offtake deal with Sempra
Offshore Technology· 1 day agoSaudi oil and gas major Aramco has entered into a non-binding HOA with US energy infrastructure company Sempra for the purchase of five ...
Oil picks pace after MidEast strain fuels supply worries; Brent up 2% to $86/bbl
Livemint· 16 hours agoBrent crude oil futures were last up 92 cents, or 1.08 per cent, to $86.17 per barrel driven by...
TotalEnergies to divest interests in UK’s West of Shetland gas fields to the Prax Group
Offshore Technology· 1 hour agoGroup. The financial specifics of the agreement between the French energy giant and the Prax Group...