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U.S. Drilling Activity Slips | OilPrice.com

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday.

Norway , China , Mexico , Saudi-arabia , Kazakhstan , United-kingdom , Czech-republic , United-states , Czech , American , Oil-prices-are

Transformational combination of substantially all of Eni's UK upstream operations with Ithaca Energy, creating a leading United Kingdom Continental Shelf production and growth company

Transformational combination of substantially all of Eni's UK upstream operations with Ithaca Energy, creating a leading United Kingdom Continental Shelf production and growth company
webwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webwire.com Daily Mail and Mail on Sunday newspapers.

Schiehallion , Perth-and-kinross , United-kingdom , Angola , Ireland , Norway , Irish , Claudio-descalzi , Giga-tonn , Elgin-franklin , Bacton-thames , Dogger-bank

Reuters Estimates: Russian Oil and Gas Revenue to Double in April

Higher oil prices are expected to double Russia’s oil and gas revenues in April compared to the same month last year, according to Reuters calculations

Russia , China , India , Ukraine , Ukrainian , Russian , Charles-kennedy , Russian-finance-ministry , Reuters , Bloomberg , Il , Il-production

TotalEnergies to purchase Sapura Energy upstream natural gas assets for $530 million

SapuraOMV’s operated production in 2023 was about 500 MMcfd of natural gas, feeding the Bintulu liquefaction plant operated by Petronas Nasional Bhd., as well as 7,000 bpd of condensates, TotalEnergies said in the statement. It also holds interests in exploration licenses in Malaysia, Australia, New Zealand and Mexico.

Malaysia , Australia , Mexico , New-zealand , Bintulu , Sarawak , Paris , France-general- , France , Malaysian , French , Petronas-nasional-bhd

TotalEnergies signs an agreement in view of acquiring the remaining 50% of SapuraOMV, a significant Upstream Gas Operator in Malaysia

TotalEnergies has signed an agreement with Sapura Upstream Assets Sdn Bhd (SUA) to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn (SapuraOMV) for a consideration of $530 million, subject to closing adjustments. Closing is expected in the second half of 2024. This agreement follows a first agreement signed with OMV on January 31st, 2024, for the acquisition of its 50% interest in SapuraOMV. After completion of both transactions, which ar...

United-states , Malaysia , Bintulu , Sarawak , Australia , Mexico , New-zealand , Paris , France-general- , France , French , Malaysian

Permian Basin Dominates US Energy M&A Activity in Q1

Houston-based data provider Enverus reported that the United States saw a record-breaking $51 billion worth of oil and gas deals in the first quarter of the year

Texas , United-states , Guyana , Houston , New-mexico , Andrew-dittmar , Julianne-geiger , Chevron , Diamondback-energy , Callon-petroleum , Exxon , Southwestern-energy

Upstream M&A activity hits record $51 billion on backs of Permian shale megadeals, Enverus reports

Outmaneuvering larger rivals to secure Endeavor puts Diamondback in the front row among Permian-centric E&Ps, giving it a scale comparable to Pioneer Natural Resources prior to its sale to ExxonMobil. APA also expanded in the Permian, but via the public merger route with its purchase of smaller Callon Petroleum for $4.5 billion.

Japan , Andrew-dittmar , Enverus-intelligence-research , Mewbourne-oil , Chesapeake-energy , Callon-petroleum , Canada-baytex-energy , Fasken-oil-ranch , Exxon , Southwestern-energy , Energy-resource , Diamondback-energy

Eni, Ithaca Energy to combine upstream UK assets to increase UKCS presence

The combination will immediately create an enlarged and stronger combined group with 2024 production greater than 100,000 boed and the underlying potential to organically grow to 150,000 boed by the early 2030s.

Norway , Ireland , United-kingdom , Angola , Irish , Bacton-thames , Giga-tonn , Claudio-descalzi , Ithaca-energy , Dogger-bank , Azule-energy , Eni-of-neptune-energy

Why Shell Has Soured on The London Stock Exchange

British multinational oil & gas giant, Shell Plc has threatened to delist from the London Stock Exchange and list on the New York Stock Exchange

United-kingdom , London , City-of , United-states , Guyana , Germany , New-york , Ireland , Netherlands , New-york-stock-exchange , Davos , Switzerland-general-

U.S. Drilling Activity Inches Up

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, for an increase of 2.

United-states , Julianne-geiger , Baker-hughes , Frac-spread-count , Eagle-ford , Middle-east , Rig-count , S , Il , Ig-count , As , Rilling