Chevron has taken a final investment decision to expand production at the Leviathan natural gas field offshore Israel, boosting gas supply to regional markets including Israel, Egypt and Jordan later this decade. SourceContinue Reading

The UAE’s ADNOC is evaluating a potential investment in Venezuela’s natural gas sector via its international investment arm XRG, contingent on clear legal and financial frameworks and potential coordination with the U.S. administration. SourceContinue Reading

U.S. oil producers will need firm guarantees against asset seizures before returning to Venezuela, according to shale executive and Trump Ally Harold Hamm, underscoring the geopolitical risks still shaping investment decisions. SourceContinue Reading

Private equity remains active in U.S. shale: Lime Rock Partners has committed equity to Athena Energy, backing a former Ensign management team targeting acquisitions and development opportunities in the Eagle Ford Shale. SourceContinue Reading

Oxford Flow has appointed Andrew Hodgson as executive chair, succeeding David Hill, as the UK-based flow control equipment specialist moves into its next phase of international growth. SourceContinue Reading

Coterra Energy is exploring a potential merger with Devon Energy, a deal that could rank among the largest shale consolidations in years. Talks are still preliminary, but an all-stock transaction would combine two major Permian basin producers amid renewed upstream M&A momentum. SourceContinue Reading

ModuSpec has received DNV Technology Qualification for real-time BOP monitoring within its Argus digital platform, supporting wider adoption of digital well control assurance on offshore rigs, including the Norwegian Continental Shelf. SourceContinue Reading

TotalEnergies has partnered with BluEnergies to advance seismic reprocessing and subsurface studies across the Harper basin fan play offshore Liberia. SourceContinue Reading

Louisiana Cat has sold Custom Compression Systems to Encore Oilfield Services, transferring a long-standing Gulf Coast natural gas compression fabrication business as Encore expands its compression footprint and Caterpillar engine supply. SourceContinue Reading

Oil-Royalties says its Virtual Auction Marketplace is introducing standardized data, objective valuation tools and automated workflows aimed at improving transparency and reducing uncertainty for buyers of U.S. oil and gas royalty assets. SourceContinue Reading