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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. ....

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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.

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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 ....

Charles Kennedy , Russian Finance Ministry , Oil Production , Gas Prices ,

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. ....

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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. ....

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