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SM Energy and Northern Oil and Gas partner to acquire XCL Resources’ assets for $2.55bn
Offshore Technology· 2 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· 18 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...
Repsol in talks to merge UK North Sea operations with NEO, sources say - ET EnergyWorld
The Economic Times· 5 hours agoLONDON: Spain's Repsol is in talks to merge its UK North Sea oil and gas business with private equity-backed NEO Energy, three industry ...
What North Sea policies would a UK Labour government pass?
Offshore Technology· 51 minutes agoOf the incumbent Conservative Party, the report says Prime Minister Rishi Sunak’s pledges would...
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 ...
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...
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%...
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 ...