Genel Energy Acquires Capricorn for $360 Million, Shifts Focus to Egypt
UK-listed Genel Energy acquires Capricorn Energy for $360 million, securing a major foothold in Egypt and reducing its reliance on Iraqi Kurdistan assets.
Market-moving news and intelligence across global energy markets.
UK-listed Genel Energy acquires Capricorn Energy for $360 million, securing a major foothold in Egypt and reducing its reliance on Iraqi Kurdistan assets.
Shell plans to sell over $1 billion in offshore wind farms, signaling a strategic pivot back to higher-return oil, gas, and LNG operations under CEO Wael S
U.S. oil giants Exxon Mobil and Chevron anticipate robust Q2 earnings, tripling Q1 profits, setting the stage for a political confrontation with President
Equinor's 2026 Capital Markets Day reveals a disciplined strategy focused on growing oil and gas production, increasing shareholder returns, and selective
Brookfield and Bloom Energy dramatically expand their AI infrastructure power partnership to $25 billion, addressing hyperscaler demand for reliable, clean
Kolibri Global Energy Inc. revises its long-term strategy, expanding its Oklahoma drilling program beyond the Lower Caney to target new hydrocarbon-rich be
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