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

Enterprise Products Partners Promotes Michael Hanley to Chief Commercial Officer

May 28, 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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Chevron, Occidental, Woodside Energy Confirm Oil Discovery at Bandit Prospect JV, Gulf of America

May 27, 2026

Chevron has confirmed an oil discovery at the Bandit prospect in the Gulf of America. The exploration well is located in Green Canyon Block 680, about 125 miles south of the Louisiana coast. The well encountered high-quality, full-to-base oil-bearing Miocene

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Comstock Selects Western Haynesville Site to Host Its Texas Natural Gas-Fired Power Generation Hub

May 27, 2026

Comstock Resources said the Western Haynesville will host its Texas Natural Gas-Fired Power Generation Hub in Anderson County Texas. The selection was announced by the United States Department of Commerce in connection with Japan’s $550 billion investment commitment to the

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Innovex Completes Acquisition of Drilling Innovative Solutions

May 27, 2026

Innovex International said it has completed the acquisition of Drilling Innovative Solutions (DIS). “Our complementary product portfolios along with our global reach offer an exceptional opportunity for us to expand DIS’s unique and interesting products into other geographies. Their success

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Tamboran Reaches FID on Its Shenandoah South Pilot Project, Australia

May 27, 2026

The Beetaloo joint venture (BJV) has made a final investment decision (FID) for the Shenandoah South Pilot Project, which is currently on track to commence first gas sales from mid-2026. The decision by the BJV to take FID follows the

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Continental, BPX, Chord, Ranger, Enverus Form Consortium to Develop Field Safety Software

May 27, 2026

Continental Resources, BPX Energy, Chord Energy, and Ranger Energy Services, together with Enverus, have introduced LifeSaver, a field safety initiative being developed on the Enverus ONE™ platform. Field pilots are planned during 2026, beginning in the Bakken. LifeSaver is being

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Emerson and SiMa.ai. Deliver Physical AI Intelligence to the Industrial Edge

May 27, 2026

Emerson is collaborating with SiMa.ai to deliver advanced AI capabilities for real-time data analysis on Emerson’s industrial PCs in the harshest industrial field environments, on the factory floor, and at remote sites. The global industrial AI market reached $43.6 billion

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Magnolia Oil & Gas Appoints R. Lewis Ropp to Its Board of Directors

May 27, 2026

Magnolia Oil & Gas Corporation has appointed R. Lewis Ropp as an independent director of the board, effective immediately. Ropp will serve as a member of the audit committee. “Lewis’s strong background in finance, capital markets, and investment management as

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Phillips 66, Kinder Morgan Advance Western Gateway Pipeline Project Following Successful Open Season

May 26, 2026

Phillips 66 and Kinder Morgan announced the advancement of the Western Gateway Pipeline, a proposed refined products pipeline system, following a successful second open season that secured long-term shipper commitments sufficient to move the project forward, subject to the execution

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Viper Energy to Aquire Riverbend Oil & Gas Assets for $522 Million

May 26, 2026

Viper Energy, a subsidiary of Diamondback Energy, entered into a definitive purchase and sale agreement to acquire all of the equity interests of Riverbend Oil & Gas IX in exchange for $337 million in cash and approximately 3.7 million shares

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