Oil & gas news
Diversified Energy announces acquisition of Maverick Natural Resources
Diversified Energy has announced that it has entered into a definitive agreement to acquire Maverick Natural Resources, a portfolio company of EIG, for total consideration of approximately US$1275 million.
CNX closes acquisition of Apex Energy
This strategic bolt-on acquisition expands CNX's existing stacked Marcellus and Utica undeveloped leasehold in the CPA region and provides an existing infrastructure footprint that can be leveraged for future development.
Kuva Systems awarded a US$5 million contract from the US Department of Energy to simplify methane mitigation for oil and gas industry
The agreement will support Kuva in refining and demonstrating its remote emissions investigation system across 175 oil and gas sites in the US.
Salunda announces oil and gas monitoring solutions installed on four drilling ships in Guyana
Salunda has announced it has integrated its Red Zone monitoring solutions on four drilling rigs in Guyana with Intellilift’s digital technologies to deliver automated location and control of critical equipment and personnel.
Pakistan’s Oil & Gas Development Company Ltd. announces production optimisation at Kunnar oilfield
The Oil & Gas Development Company Ltd. (OGDC) of Pakistan has announced enhancement of oil production Kunnar-12 and Kunnar-6 wells at the Kunnar oilfield, resulting in incremental production of 1160 bpd of oil.
Electrigen and Hyliion to partner together in advancing methane emissions reductions in the oil and gas industry with US$6 million federal grant
ElectriGen LLC, a power-as-a-service provider, has announced it is collaborating with Hyliion Holdings Corp., a developer of sustainable electricity-producing technology, on a project aimed at reducing methane emissions in the oil and gas sector.
DNV Cyber research reveals energy companies boosting investment in cybersecurity arms race, to manage the ‘greatest risk’ to the industry today
According to the research, two in three energy professionals say their leadership views cybersecurity as the greatest current risk to their business.
Reuters: Trump's energy actions on his first day
US President Donald Trump issued a flurry of orders within hours of his inauguration on Monday 20 January 2025 intended to boost the nation's already record-high oil and gas production and unwind former President Joe Biden's climate agenda, reports Reuters.
CNOOC Ltd announces production from Dongfang 29-1 gas field development project
CNOOC Ltd has announced that Dongfang 29-1 gas field development project has commenced production.
Eagle Mountain Energy Partners II, LLC announces partnership with Pearl Energy Investments
Eagle Mountain Energy Partners II, LLC has announced that it has secured an equity commitment from Dallas-based investment firm, Pearl Energy Investments.