ADNOC is seeking to buy its first natural gas producing fields in the U.S. to deepen its presence in the country, according to people familiar with the matter. CEO Sultan Al Jaber is set to outline the investment strategy, including a U.S. focus, during a speech at the CERA Week energy conference in Houston on...Continue Reading

Caterpillar Oil & Gas has developed its new Caterpillar® Gas Mechanical System (GMS), a fully integrated power solution, purposefully built to bring optimum mechanical efficiency and simplicity to frac operations, while utilizing 100% natural gas. SourceContinue Reading

By strengthening their balance-sheets through partial privatization, transferring their regulatory roles to independent entities and acquiring more assets, African NOCs are emerging as strong partners for foreign firms.  SourceContinue Reading

Vitesse Energy announced today the completion of its previously announced acquisition of Lucero Energy in an all-stock transaction valued at $222 million. The addition of Lucero’s operations will enable Vitesse to expand its assets across the Bakken shale region. SourceContinue Reading

The UK government is drafting a new tax regime for oil and gas companies to replace a controversial windfall levy after 2030, with an aim to hit companies only when prices are unusually high. The UK also confirmed plans to end new North Sea exploration licenses for oil and gas. SourceContinue Reading

Baker Hughes and Woodside Energy have announced a joint initiative to develop a lower carbon power generation technology solution utilizing the Net Power platform that is specifically designed for oil and gas (including LNG), heavy industries and other smaller scale applications. SourceContinue Reading

Sercel has announced the delivery of several next-generation 528™ cable-based land seismic acquisition systems for deployment on exploration surveys in India and Türkiye, just over a year after the new system’s launch. SourceContinue Reading

Already deployed in five operations across the Gulf of Mexico and the Norwegian Continental Shelf, The Observer™ technology is set to be rolled out across all FourPhase operations, enabling full remote monitoring and real-time data analytics. SourceContinue Reading

Ecuador’s President Daniel Noboa has ordered a consortium seeking to take over the nation’s top oil asset to pay an entry fee of $1.5 billion by March 11, moving up the deadline by more than three weeks. Noboa has warned he will cancel the deal without the early payment.  SourceContinue Reading

Today, Venture Global along with federal and state officials announced plans for a brownfield expansion at its Plaquemines LNG facility south of New Orleans, Louisiana. The planned expansion will bring the expected total production capacity to over 45 MTPA at Plaquemines. SourceContinue Reading