Vitol to Acquire Marotti Family's Stake in Italy's Saras
Vitol is set to acquire approximately 35 percent of Saras' corporate capital.
DOF Bags Contracts from Eni, Equinor, Prime Energy
DOF will provide offshore services to assets in Cote d'Ivoire, Norway, and the Philippines.
Petrobras Closes Acquisition of STP Stakes in Africa
'The operation marks the resumption of exploratory operations on the African continent, with the aim of diversifying the portfolio'.
PetroSA Awaits South Africa Cabinet Approval for New CEO
South Africa is preparing to appoint a CEO of state oil and gas company PetroSA, ending a more than yearlong leadership vacuum.
QatarEnergy Plans to Charter 25 LNG Vessels from Nakilat
QatarEnergy and Nakilat have agreed on a time-charter arrangement for up to 25 newbuild LNG carriers.
CBed Puts Newly Acquired SOVs Straight to Work
The two service operation vessels have been contracted by Hughes Subsea.
Oil Shows Minimal Change on Mixed Geopolitical Signs
Oil was little changed as traders weighed increasing military activity in the Middle East against diplomatic efforts to alleviate the conflict.
Black Hills Sees Higher Profit as Customers Increase
Black Hills reported a net income of $79.6 million for the fourth quarter of 2023.
ConocoPhillips Plans to Slow Down US Production This Year
ConocoPhillips will focus on efficiency after delivering a company record for the Lower 48 with an output of 1.1 MMboepd in 2023.
North America Goes Back to Adding Rigs
North America increased its rig count week on week, according to Baker Hughes.
Athabasca, Cenovus Form JV Focused on Kaybob Duvernay
Duvernay Energy Corporation will target strong, high netback cash flow and production growth focused on the Kaybob Duvernay resource play in Alberta, Canada.
Diamondback to Buy Endeavor for $26B in Oil Megadeal
Diamondback will fund the deal with 117.3 million shares and $8 billion in cash.
Minister Says Aramco Capacity Halt Is Due to Energy Shift
'We are transitioning'.
Petrobras Closes Acquisition of STP Stakes in Africa
'The operation marks the resumption of exploratory operations on the African continent, with the aim of diversifying the portfolio'.
EIA Estimates USA Crude Oil Output Hit All Time High In December
The U.S. Energy Information Administration estimated that U.S. crude oil production reached an all-time high in December.
Diamondback, Endeavor in Advanced Talks for Merger Worth over $50B
Diamondback and Endeavor are in final discussions toward a deal that would create an oil-and-gas giant worth more than $50 billion.
BMI Says Outlook for Asia Natural Gas Demand Remains Bullish
The outlook for Asia's natural gas demand remains bullish, according to a new report from BMI.
MOL, JX to Study CCS Value Chain Between Japan, Australia
The MoU covers the establishment of a CCS value chain by capturing carbon dioxide emitted from the ENEOS refinery and nearby various industries in Japan.
Barclays Halts Financing of Upstream Expansion
There will also be restrictions for new energy clients engaged in expansion and on non-diversified energy clients engaged in long-lead expansion.
Var Energi Taps AGR for Well Control Job Offshore Norway
AGR secured a long-term contract for the provision of blowout and well control studies and associated services for Var Energi activities on the Norwegian continental shelf.
