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

Antin Infrastructure Partners Acquires Sapphire Gas Solutions from Apollo Funds

May 26, 2026

Antin Infrastructure Partners has acquired Sapphire Gas Solutions, a vertically integrated provider of compressed natural gas (CNG) and liquified natural gas (LNG) solutions, from funds managed by affiliates of Apollo. The acquisition is being made by Antin’s flagship fund V.

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ExxonMobil, Halliburton Achieve World’s First Fully Closed-Loop Automated Well Placement

May 26, 2026

Halliburton, in collaboration with ExxonMobil, Sekal, Noble, and the Wells Alliance Guyana team, delivered a groundbreaking step forward in digital well construction to achieve the industry’s first fully automated geological well placement with complete rig automation in offshore Guyana. The

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Chevron Phillips Chemical and Drilling Specialties Launch New Drilling Fluid Lubricant

May 26, 2026

Drilling Specialties, in collaboration with Chevron Phillips Chemical’s polyalphaolefins organization, has launched NanoSlide™ drilling fluid lubricant, a proprietary next-generation drilling fluid product designed to deliver exceptional wear reduction and friction control in high-demand drilling environments. NanoSlide™ lubricant features a multiphase

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Wolong Electric America Launches MD600Z Armored DC Motors Upgrades

May 26, 2026

Wolong Electric America has introduced the MD600Z family of armored DC motors, engineered as direct, drop-in replacements for legacy MD600 machines still operating in steel mills, metal forming lines, and crane applications. The MD600Z combines the proven electrical design of

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Matador Resources Promotes Robert Macalik to Executive VP and Chief Financial Officer

May 26, 2026

Matador Resources has promoted Robert Macalik to executive vice president and chief financial officer. “Rob has been a strong leader at Matador since joining us in 2015. Not only has he demonstrated technical expertise in accounting and finance but has

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FERC Greenlights Caliche’s Spindletop Expansion Project, Texas

May 22, 2026

Caliche confirmed that the Federal Energy Regulatory Commission (FERC) has granted to Caliche’s subsidiary Golden Triangle Storage (GTS) a certificate of public convenience and necessity for GTS to add another 30 Bcf of natural gas storage capacity and up to

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bp Appoints Carol Howle as Deputy Chief Executive Officer

May 22, 2026

bp has appointed Carol Howle as deputy chief executive officer, effective immediately. Howle will continue to lead supply, trading and shipping (ST&S) and in her new role will also oversee the company’s ongoing portfolio review and strategy development. To support

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Devon Energy Acquires 16,300 Acres through Oil and Gas Lease Sale for $2.6 Billion, New Mexico

May 21, 2026

Devon Energy has acquired 16,300 net undeveloped acres in the core of the Delaware Basin in Lea and Eddy Counties, New Mexico, for approximately $2.6 billion through the Bureau of Land Management oil and gas lease sale. This acquisition bolsters

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Milestone Environmental Expands Network with Acquisition of Striker Slurry Injection Facility

May 21, 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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Japex Closes $1.26 Billion Acquisition of Verdad Resources’ D-J Assets

May 21, 2026

Japan Petroleum Exploration Co. (JAPEX) has completed its acquisition of all interests in Verdad Resources securing tight oil and gas assets in Colorado and Wyoming in a deal valuing the enterprise at $1.26 billion. Through its overseas sub-subsidiary Peoria Resources,

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