Yinson Production has acquired the $409 million FPSO Atlanta loan from Brava Energia in a $257 million cash deal, reinforcing its ownership position following first oil in December 2024. SourceContinue Reading
Golar LNG has secured a 20-year FLNG charter with Southern Energy S.A. in Argentina, generating $400 million per year plus upside tied to LNG pricing. Delivery of the MK II unit is expected in 2028. SourceContinue Reading
Civitas Resources has sold $435 million in non-core DJ Basin assets and named Wouter van Kempen as interim CEO, aligning its portfolio strategy with leadership changes and a focus on debt reduction and shareholder value. SourceContinue Reading
Gulf Energy Information has announced the finalists for the 2025 Excellence Awards, honoring breakthrough technologies and projects in upstream, midstream and downstream sectors. The black-tie gala will be held Oct. 16 at The Post Oak Hotel in Houston. SourceContinue Reading
Blackstone will acquire energy analytics leader Enverus, expanding its portfolio in AI-driven energy intelligence as the sector faces rapid electricity demand growth and the energy transition. SourceContinue Reading
SENS has unveiled the SuperTorque 8ZR, a compact DC genset starting system offering higher reliability, reduced maintenance, and significant cost savings for mission-critical power applications. SourceContinue Reading
ADNOC Gas has announced Q2 2025 results, with net income rising by 16% year-on-year (YoY) to a record $1.385 billion and EBITDA increasing by 8% YoY to $2.256 billion. SourceContinue Reading
TotalEnergies is selling its 45% stake in two Vaca Muerta shale blocks to YPF for $500 million, shifting focus to core assets in Argentina’s Neuquén Basin and offshore Tierra del Fuego. SourceContinue Reading
Presidio’s entry into the public markets comes as the capital-intensive shale era gives way to a more disciplined focus on returns. Presidio’s differentiated model emphasizes zero reliance on future drilling, minimal capital investment, and substantial free cash flow. SourceContinue Reading
The Mexican Association of Hydrocarbons Companies (AMEXHI) has released a statement celebrating the effort of the Federal Government and its energy and finance institutions to develop the Strategic Plan for the Strengthening of Petróleos Mexicanos (Pemex). SourceContinue Reading
