Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

Pembina Pipeline Green Lights Two Projects in B.C. and Alberta, Canada

May 13, 2026

Calgary-based Pembina Pipeline Corp. says it has decided to proceed with two pipeline expansion projects in British Columbia and Alberta. Pembina says the two pipeline expansions it has sanctioned represent a total investment of $425 million and are set to

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Ovintiv Closes $2.85 Billion Sale of Its Anadarko Assets, Oklahoma

May 13, 2026

Ovintiv has closed on the all cash sale of its Anadarko assets, located in Oklahoma, for $3 billion. After customary closing adjustments, proceeds from the sale are expected to total approximately $2.85 billion. “The Anadarko sale completes the transformation of

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Baker Hughes Secures Strategic Gas Technology Order Supporting Argentina’s Gas Infrastructure

May 13, 2026

Baker Hughes said it has secured a strategic order from San Matias Pipeline S.A. to supply three gas compression units for a major natural gas pipeline project in Argentina. “This award underscores our continued focus on supporting critical gas infrastructure

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Expand Energy to Relocate Headquarters from Oklahoma to Houston, Texas

May 13, 2026

Expand Energy will be relocating its corporate headquarters from Oklahoma City, Oklahoma, to Houston, Texas, in mid-2026. The relocation, which will primarily focus on the executive leadership team, will strengthen Expand Energy’s relationships with key industry and commercial partners in

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Tidewater to Acquire Wilson’s Brazil Fleet for $500 Million

May 13, 2026

Tidewater has entered into a definitive agreement to acquire all of the outstanding shares of Wilson Sons Ultratug Participações (WSUT) and its affiliate Atlantic Offshore Services at an enterprise value of approximately $500 million, including the assumption of WSUT’s existing

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Chevron and Halliburton Enable Intelligent Hydraulic Fracturing at Colorado Operations

May 13, 2026

Chevron U.S.A. and Halliburton jointly developed a new process that enables closed-loop, feedback-driven completions in Colorado. This intelligent fracturing process combines automated stage execution with subsurface feedback to optimize delivery of energy into the wellbore without relying on human intervention.

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Enterprise Products Partners Promotes Michael Hanley to Chief Commercial Officer

May 13, 2026

Enterprise Products Partners has elected Michael “Tug” Hanley as executive vice president and chief commercial officer with responsibility for all commercial functions for the partnership effective December 1, 2025. “We believe Enterprise has assembled one of the most knowledgeable and

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Hexagon to Acquire Baker Hughes’ Waygate Technologies Business for $1.45 Billion

May 12, 2026

Hexagon has signed a definitive agreement to acquire Waygate Technologies, a leading provider of non-destructive testing solutions, from Baker Hughes for $1.45 billion. Waygate Technologies serves customers across aerospace, automotive, energy, and industrial manufacturing sectors globally, and brings with it

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NextEra Energy Receives Approval to Develop Natural Gas‑powered Generation in Texas and Pennsylvania

May 12, 2026

NextEra Energy confirmed that President Donald J. Trump has approved the development of up to 10 gigawatts of natural gas‑powered generation in Texas and Pennsylvania. The approval, made in connection with Japan’s $550 billion investment commitment to the United States

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U.S. Exempts Gulf of Mexico Drillers from Endangered Species Rules

May 12, 2026

The Endangered Species Committee in U.S. President Donald Trump’s administration has granted an exemption for oil and gas activities in the Gulf of America, following a determination by the Secretary of War that such an exemption is necessary for national

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