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

Prinoth Launches Its New Panther T23R Crawler Carrier

April 9, 2026

Prinoth has launced its new flagship Panther T23R the industry’s largest and most technologically advanced rotating crawler carrier. The new model is the first to feature Prinoth’s PowerForce™ undercarriage, a breakthrough design underpinning more than 20 patent applications, delivering unmatched

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Transocean to Acquire Valaris in $5.8 Billion Deal

April 8, 2026

Transocean and Valaris Limited have signed a definitive agreement to combine the two companies where Transocean will acquire Valaris in an all-stock transaction valued at approximately $5.8 billion. The shareholding percentages of the combined company will be approximately 53 percent

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Milestone Environmental Expands Network with Acquisition of Striker Slurry Injection Facility

April 8, 2026

Milestone Environmental has acquired the Striker slurry injection facility in Lea County, New Mexico, further expanding its industry-leading network of advanced waste management infrastructure. The Striker facility enhances Milestone’s strategic positioning across the Permian Basin, bringing the company’s total network

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Panoro Energy to Acquire Kosmos Energy’s Equatorial Guinea Production Assets for $219.5 Million

April 8, 2026

Kosmos Energy has entered into an agreement to sell its 40.375 percent non-operating working interest in the Ceiba Field and Okume Complex production assets offshore Equatorial Guinea to Panoro Energy for $180 million, plus future contingent payments of up to

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SLB Launches Tela™, Groundbreaking New Agentic AI Technology for Energy Industry

April 8, 2026

SLB has launched Tela™, an agentic AI assistant purpose-built to transform the upstream energy sector. Tela leverages agentic AI to not only automate processes but transform workflows and drive better business outcomes. Tela will be embedded in SLB’s portfolio of

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Enterprise Products Partners Promotes Michael Hanley to Chief Commercial Officer

April 8, 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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EPA Finalizes Revisions for Clean Air Act Rules for Oil and Natural Gas

April 7, 2026

U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin took another step in unleashing domestic energy and revising burdensome, unworkable Biden-era oil and natural gas policies. The EPA finalized revisions to certain aspects of the Biden-Harris administration’s 2024 Clean Air Act

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Department of the Interior Begins Transition to Marine Minerals Administration

April 7, 2026

The Department of the Interior has started a phased plan to establish the Marine Minerals Administration, bringing together the functions of the Bureau of Ocean Energy Management and the Bureau of Safety and Environmental Enforcement. This action is intended to

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Railroad Commission of Texas Celebrates 135 Years of Dedicated Service to Texas

April 7, 2026

On April 3, the Railroad Commission of Texas (RRC) celebrated a major milestone, marking 135 years of service as the state’s oldest regulatory agency. Since its founding in 1891, the Commission has guided Texas through many significant periods of change,

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Hunting Secures $63.5M Contract for Its Titanium Stress Joint Product, Offshore Development Guyana

April 7, 2026

Hunting has been awarded orders totaling $63.5 million for its titanium stress joint (TSJ) product line, for a new offshore development in Guyana. “Our TSJ product line, which is a critical component for offshore developments, continues to be adopted on

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