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

Shell and Exxon have pulled a planned sale of strategic UK North Sea gas assets to Viaro, citing unresolved regulatory and market conditions after months of review. SourceContinue Reading

EWTC’s latest jobs report shows U.S. oilfield services employment ended 2025 slightly lower than earlier highs, highlighting a year shaped by market uncertainty and shifting labor conditions. SourceContinue Reading

Eco Atlantic and partner Navitas are in talks with Guyana to preserve appraisal rights on the Orinduik Block, following the expiry of the license’s renewal term, as the companies seek approval to advance work on existing offshore discoveries. SourceContinue Reading

TotalEnergies has signed a sale and purchase agreement to divest its 10% non-operated oil interest in Nigeria’s Renaissance JV, formerly the SPDC joint venture, as part of its portfolio optimization strategy. SourceContinue Reading

bp has flagged $4–$5 billion in post-tax impairments tied to its energy transition businesses in a fourth-quarter trading update, while reporting broadly flat upstream production and lower net debt ahead of full-year results. SourceContinue Reading

Speaking at Abu Dhabi Sustainability Week 2026, UAE Energy Minister Sultan Al Jaber said surging AI and data-center demand will drive long-term growth in power consumption, with oil and gas continuing to supply most global energy needs alongside expanding renewables. SourceContinue Reading

1776 Energy has sold its Eagle Ford and Austin Chalk assets in South Texas to Silver Hill Energy Partners, transferring approximately 17,500 net acres and more than 550 drilling locations in Karnes and Gonzales counties. SourceContinue Reading