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Oil & Gas News
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67TotalEnergies Secures New Offshore Exploration Permit in Congo
By Michael Kern for Oilprice.com | TotalEnergies, along with its partners QatarEnergy and the national oil company of the Republic of the Congo,...
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238
U.S. Gulf Remains a Centerpiece of Growth for Oil Majors
By Andrew Kelly | Energy Intelligence | The US Gulf of Mexico holds a prominent place in the global upstream portfolios of...
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244
Harvest Expands into Uinta, Green River with MPLX Deal
Harvest Midstream, the Houston-based energy company owned by Hilcorp Energy founder Jeff Hildebrand, has reached an agreement to acquire a $1 billion...
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308
New Mexico Oil Lease Sale Breaks Records, Brings in $256 Million for Schools
Story by Kevin Hendricks, nm.news |New Mexico’s State Land Office shattered revenue records for the second consecutive month, earning $256 million in...
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184
Crescent Acquires Vital Energy, Targets Permian Growth
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy in an all-stock transaction valued at $3.1 billion,...
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127
Oil Prices Rise, Make Weekly Gains as Ukraine Peace Process Stalls
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a potential peace deal between Russia and Ukraine, with...
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Chevron Folds Hess Exploration Into Its Own Team
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning, marking one of the most significant upstream transactions...
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353
Oil Prices Climb 2% on Drop in U.S. Crude Inventories as Investors Focus On Ukraine Peace Push
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace talks affects oil price volatility Trump says the...
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189
Shale Industry Sees Record M&A as Companies Seek Scale
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more than quadrupling from the previous year despite a...
