Axis, Brigade Say Merger Creates US' Biggest Well Servicing Company
'The transaction elevates Axis as the nation's leading company for completion services, workover solutions and plug and abandonment operations'.
TC Energy Completes Spinoff of Liquids Pipeline Firm South Bow
'We are confident that as a standalone, publicly traded company, we will unlock significant value from our unrivalled market position'.
How Close Are We to an All-Out War in the Middle East Involving the USA?
Rigzone talks to representatives of the American Enterprise Institute and The Heritage Foundation.
Tourmaline Completes $1B Acquisition of Crew Energy
The acquisition provides a significant high-quality addition to Tourmaline's South Montney asset base.
McDermott Scores FEED Contract for Rovuma LNG in Mozambique
The contract scope of work includes the modular design of a greenfield liquefied natural gas (LNG) production facility in Afungi.
Aker BP, TGS Partner for Digital Operations in Yggdrasil
Aker BP will integrate TGS' Prediktor Data Gateway into its digital ecosystem for Yggdrasil as a process data server.
Honeywell Completes $1.81B Acquisition of Air Products' LNG Solutions Unit
'Honeywell's full-service solution now provides customers a holistic offering that encompasses natural gas pre-treatment, state-of-the-art liquefaction and digital automation technologies'.
TotalEnergies CEO Says Planned Oil Tax to Hurt UK Investment
'We'll be very selective on any Capex we'll spend in the UK, and we are clearly looking seriously to ways to restructure operations'.
Petronas, SESB Agree Five-Year Gas Supply Agreement Extension
Petronas will continue supplying 16 MMscfd of gas to the Sabah power utility.
Petrobras to Enter Deep Western Orange Basin in South Africa
Petrobras is set to have a 10 percent stake in the TotalEnergies-operated DWOB block.
Malaysia Defies China With Offshore Drilling, USA Think Tank Says
Malaysia is expanding oil and gas exploration in the disputed South China Sea, according to a new report.
Oil Prices Ease Amid Rising US Crude Stockpiles
Oil prices fluctuated as rising US crude stockpiles and OPEC+ production plans signaled ample supply, offsetting concerns about potential disruptions from Middle East tensions.
Tribal Communities to Benefit from $44 MM in US DOE Clean Energy Funding
American Indian and Alaska Native communities in five states will receive federal support to install solar and wind energy infrastructure.
California Assembly Votes Up Bill for Spare Fuel Reserves
The bill requiring oil refiners to maintain minimum stockpiles of transport fuels now goes to the Senate.
When Will USA Crude Oil Production Peak?
Rigzone talks to James Davis, the Director of Short-Term Global Oil Service & Head of Upstream Oil at FGE.
Woodside Closes Acquisition of OCI Clean Ammonia Project in Texas
'As a global energy provider, Woodside is focused on lower carbon ammonia and its increasingly important role in the world's energy mix'.
Enbridge Finishes Dominion Acquisitions with PSNC Transaction Close
'PSNC is a perfect fit within our existing low-risk, utility business model and the embedded growth opportunities underscore the critical need for natural gas infrastructure over the long term'.
Black & Veatch Gets Go-Ahead for Golar's FLNG Project
Black & Veatch will provide its licensed PRICO technology, perform detailed engineering design, specify and procure topside equipment, and provide commissioning support for the FLNG topsides and liquefaction process.
ADNOC Eyes Takeover of Germany's Covestro for $12.8B
'Our aligned strategies uniquely position us to meet the growing global demand for energy and chemical products, while accelerating the transition to a circular economy'.
Oil Futures Surge as Middle East Tensions Escalate
'With Israel's ground incursion into Lebanon, and Iran's missile attack on Israel, the conflict continues the path of escalation', a SEB Strategist warned.