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SM Energy and Northern Oil and Gas partner to acquire XCL Resources’ assets for $2.55bn
Offshore Technology· 22 hours agoUS shale drilling companies SM Energy and Northern Oil and Gas (NOG) have reached an agreement to...
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...
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...
UK General Election: what you need to know about the oil and gas windfall tax
Offshore Technology· 19 hours agoSea – which Labour has said they would remove. Labour: The manifesto promises £7.4bn of tax rises...
ICICI Prudential MF launches energy fund with eye on demand growth
Business Standard India· 23 hours agoICICI Prudential Mutual Fund (MF) has announced the launch of Energy Opportunities Fund, a thematic...
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...
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...
Oil India stock rallies 5%, hits new high ahead of 1:2 bonus; ONGC up 2%
Business Standard India· 1 day agoThe board of Oil India has fixed Tuesday, July 2, 2024 as record date to determine the eligibility...