Enverus has acquired four PDS Energy Information exchange platforms, expanding its digital network for frac coordination, well data, production reporting and produced water logistics across the U.S. upstream industry. SourceContinue Reading
ADNOC is proposing a new pricing methodology for Upper Zakum, Das and Umm Lulu crude that would link official selling prices to the Dubai benchmark rather than Murban futures. The move could simplify regional pricing comparisons as the UAE expands crude exports. SourceContinue Reading
Shell expects global LNG trade to remain flat in 2026 if shipping through the Strait of Hormuz returns to normal this summer but warns that a prolonged closure could result in a rare annual decline in LNG supply. The outlook comes as Qatar continues recovering from conflict-related disruptions. SourceContinue Reading
Tenaris will invest more than $90 million to modernize its Pennsylvania steel shop and seamless pipe manufacturing facilities, expanding automation, improving production efficiency and supporting U.S. oil country tubular goods (OCTG) manufacturing for the energy industry. SourceContinue Reading
SandRidge Energy will acquire producing assets and leasehold interests in the Cherokee Play for $65 million, adding approximately 3,000 boed of production and expanding its Mid-Continent drilling inventory. SourceContinue Reading
Baker Hughes has secured a 13-year lifecycle services agreement with Nigeria LNG to support turbomachinery at the Train 7 expansion project, which will increase the Bonny Island facility’s LNG production capacity from 22 MMtpa to 30 MMtpa. SourceContinue Reading
Kolibri Global Energy is expanding its Oklahoma drilling strategy beyond the Lower Caney, adding a False Caney test well as it evaluates multiple new reservoir benches that could significantly increase future drilling inventory and reserves. SourceContinue Reading
Eni and XRG will each acquire a 32% stake in three Vaca Muerta blocks, joining YPF in advancing the integrated Argentina LNG project and its planned 12-MMtpa floating LNG export development. SourceContinue Reading
Eco Atlantic has received final ministerial approval for its Namibia PEL 98 farm-out while advancing additional exploration agreements in Namibia, South Africa and Guyana. SourceContinue Reading
Eni has agreed to acquire a 32% stake in three Vaca Muerta blocks, joining YPF and XRG in advancing the Argentina LNG project and its planned 12-MMtpa floating LNG export development. SourceContinue Reading
