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Fermi Establishes New Headquarters in Dallas, Makes New Leadership Initiatives
May 14, 2026
Fermi has made a series of strategic and leadership initiatives under a new phase of the company’s evolution as it continues to progress along its path to becoming a mature, established entity, well positioned for long-term, sustainable growth. Following notable
Shell to Acquire Canadian Energy Company ARC Resources for $16 Billion
May 14, 2026
Shell has entered into a definitive agreement to acquire ARC Resources, an energy company focused on the Montney shale basin in British Columbia and Alberta, Canada. “ARC is a high-quality, low-cost and top quartile low carbon intensity producer operating in
Shell, Equinor Complete Formation of JV Company Adura, UK’s Largest Independent North Sea Producer
May 14, 2026
Shell and Equinor have completed a deal to combine their UK offshore oil and gas operations to form a new company. Adura, which launched today, will be the largest independent producer in the UK North Sea. Neil McCulloch, who will
Kongsberg Digital, AIQ Enter Collaboration Agreement to Drive AI-powered Optimization for Drilling
May 14, 2026
Kongsberg Digital and AIQ have signed a strategic collaboration agreement to drive AI-powered optimization for drilling operations. The collaboration combines Kongsberg Digital’s industrial and domain knowledge with AIQ’s expertise in developing AI technology to explore the potential co-design and delivery
ExxonMobil Adds Former Phillips 66 CEO Greg Garland to Board of Directors
May 14, 2026
ExxonMobil said Gregory Garland has been elected to its board of directors. “Greg brings to the ExxonMobil board more than a decade of experience as the CEO of respected industry companies,” said ExxonMobil Chairman and CEO Darren Woods. “All of
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
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
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
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
Woodside Secures Final Approval for North West Shelf Extension, Australia
May 12, 2026
Woodside and the North West Shelf joint venture said it welcomed the Australian government’s final decision to grant environmental approval for the North West Shelf Project Extension. Woodside Executive Vice President and Chief Operating Officer Australia Liz Westcott said the
