Presidio, Goldman Sachs Launch Novel $1 Billion Acquisition Fund
U.S. energy producer Presidio Investment Holdings is partnering with Goldman Sachs to…
BP Pauses Share Buybacks to Address Debt
BP has announced the suspension of its $750 million quarterly share buyback…
Canadian Oil Sector Anticipates Ongoing Consolidation
Calgary’s oil and gas sector expects continued consolidation. This follows significant merger…
International Consortium Targets Northeast Syria Energy Exploration
A consortium of two Saudi Arabian and three U.S.-based firms will explore…
Chevron Acquires West Texas Ranch to Settle Environmental Dispute
Chevron Corp., a prominent U.S. energy company, has acquired the 22,000-acre Antina…
Equinor Targets Substantial International Oil and Gas Growth
Norwegian energy group Equinor plans a significant expansion of its international oil…
Venezuela’s Oil Production Nears 1 Million BPD Mark
Venezuela’s national oil production is reportedly nearing 1 million barrels per day…
US Updates Shipping Guidance Amid Strait of Hormuz Tensions
The United States recently issued new guidance for commercial vessels. These instructions…
ADNOC Gas Unveils Record Net Income Projection for 2025
ADNOC Gas plc recently announced a net income of $5.2 billion for…
North American Rig Count Edges Upward
North America’s rotary rig count registered a slight increase this past week.…