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

Orion Energy Acquires Royalty, Non-Op Interests in Texas, Mississippi

October 13, 2025

Orion Diversified Holding Co. has closed on a royalty and non-operated working interest in Texas & Mississippi. “This is our first entry into the Mississippi oil and gas fields. This property was drilled in 1977 and hit peak production of

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U.S. Files Court Statement to Support Enbridge in Michigan Pipeline Case

October 10, 2025

The United States Department of Justice filed a statement of interest in Enbridge Energy’s case against Michigan Gov. Gretchen Whitmer and the director of the Michigan Department of Natural Resources. Whitmer pledged to shut down the Canadian energy company’s Line

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Senate Vote Approves Roll Back on Biden-era Restrictions on Mining and Drilling

October 10, 2025

Congressional Republicans have voted to roll back restrictions on mining, drilling and other development in three Western states, advancing President Donald Trump’s ambitions to expand energy production from public lands. Senators voted 50-46 Thursday to repeal a land management plan

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Innovex Completes $90 Million Sale of Dril-Quip Eldridge Facility, Texas

October 10, 2025

Innovex International has closed on the sale of its facility in Houston, Texas. The final sale price for the property was $90 million. Innovex has also entered into a short-term lease of the property following the closing of the sale,

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TechnipFMC Awarded Subsea Production Systems Contract by Petrobras

October 10, 2025

TechnipFMC has been awarded a significant contract, following a competitive tendering process, for subsea production systems by Petrobras. TechnipFMC will design, engineer, and manufacture subsea production systems to be deployed in an array of greenfield developments, brownfield expansions, and asset

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LandBridge to Acquire Delaware Basin Surface Acres for $250 Million, Texas

October 9, 2025

LandBridge Company has entered into an agreement to acquire approximately 37,500 total acres, across Loving, Reeves, Winkler, and Ward counties, Texas, from 1918 Ranch & Royalty. The acreage to be acquired consists of approximately 22,000 fee surface acres, approximately 3,500

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Fire Extinguished at ONEOK’s Mont Belvieu Fractionation Facility, Texas

October 9, 2025

A fire occurred in the heating system of ONEOK’s MB-4 fractionator, which is one of the facilities located at ONEOK’s Mont Belvieu, Texas, fractionation complex. Fractionation operations at the complex were promptly shut down, and the fire, which was limited

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Canada Pension Plan Invests $1 Billion in ArcLight’s AlphaGen

October 8, 2025

ArcLight said the Canada Pension Plan Investment Board (CPP) has entered into a definitive agreement to invest $1 billion for a strategic minority position in AlphaGen. AlphaGen is one of the largest independent power portfolios in the U.S., with more

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EnerMech Secures Subsea Contract for East Browse Basin Gas Development, Offshore Australia

October 8, 2025

EnerMech has been awarded a significant contract to deliver pre-commissioning and specialist services for a major offshore gas development located in the East Browse Basin, off the northwest coast of Australia. The full scope of work, which will be carried

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Trump Approves Appeal for Ambler Road Project, Reverses Biden Administration’s Rejection, Alaska

October 7, 2025

President Donald Trump on Monday signed an order that overturns a decision by the Biden administration to cancel a 211-mile mining road through Alaska’s Brooks Range by denying a right-of-way permit. The action removes a major hurdle for the project,

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