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Diamondback signs $1.5bn deal to buy Lario Permian

Diamondback Energy has agreed to acquire all leasehold interests and associated assets of Lario Permian for $1.5bn in cash and stocks. ....

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Germany to nationalise former Gazprom unit SEFE

The European Commission has approved a $234.7bn package for nationalising of gas company SEFE, a former Gazprom unit in Germany. ....

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Blackstone weighing sale of PRI Operating for approximately $2bn

Blackstone is exploring the sale of US-based oil and gas producer PRI Operating to raise approximately $2bn, including debt. ....

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Unidentified drone sightings increase security concerns on offshore facilities

Smruthi Nadig explores why the Petroleum Safety Authority of Norway has urged oil companies to be more cautious of unidentified drones. ....

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BP announces profit of $8.2bn; Aramco and Phillips also up

BP announces profit of $8.2bn; Aramco and Phillips also up
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