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

Danos Expands Supply Chain Capabilities with Acquisition of AXion Logistics

April 6, 2026

Danos has acquired all ownership interest in AXion Logistics, a third-party logistics (3PL) provider serving the petrochemical and industrial sectors. For more than 23 years, AXion has delivered supply chain solutions and optimization services to customers in the petrochemical, industrial

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Golden Pass LNG Achieves First LNG Production from Train 1 at Sabine Pass Terminal, Texas

April 6, 2026

Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has achieved first production of Liquefied Natural Gas (LNG) from Train 1 at its Sabine Pass Terminal, marking a major milestone in the project’s journey to full operations. This achievement

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BOEM Highlights Role of Offshore Leasing and Planning in Supporting Record Energy Production

April 3, 2026

The Bureau of Ocean Energy Management released details on the critical role of offshore leasing, resource assessment, and long-term planning in supporting record oil production on the U.S. Outer Continental Shelf, which reached more than 714 million barrels in 2025.

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OIC Successfully Closes Credit Opportunities Fund Above Target at $1.58 Billion

April 1, 2026

OIC has successfully closed on its OIC Credit Opportunities Fund IV, with total commitments of approximately $1.58 billion. The fund closed 43 percent above its $1.1 billion target, reflecting strong investor demand while maintaining OIC’s disciplined focus on middle-market infrastructure

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EIA: U.S. Crude Oil Production Rose in 2025, Setting New Record

April 1, 2026

U.S. crude oil production grew by 3 percent, or 350,000 barrels per day (b/d), in 2025, setting a new annual production record of 13.6 million b/d, according to EIA’s Short-Term Energy Outlook (STEO). Production from the Lower 48 states excluding

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Infinity Natural Resources Completes $1.2 Billion Acquisition of Ohio Utica Assets

March 31, 2026

Infinity Natural Resources (INR) has completed its transformational $1.2 billion acquisition of upstream and midstream assets in the Ohio Utica Shale from Antero Resources and Antero Midstream. A $350 million strategic equity investment from Quantum Capital Group and Carnelian Energy

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DXP Enterprises Acquires Water Service Company Pump Solutions

March 31, 2026

DXP Enterprises has completed the acquisition of Pump Solutions. Founded in 1999, Pump Solutions is headquartered in New Caney, Texas and operates out of four locations servicing Texas. Pump Solutions is a leading distributor of pumps, controls, and related service

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U.S. Approves Sentinel Midstream’s Texas Gulflink Deepwater Crude Oil Export Terminal

March 31, 2026

The U.S. Transportation Department has approved Sentinel Midstream’s deepwater oil export project, Texas GulfLink, off the Texas coast. This project supports the Trump administration’s oil industry growth agenda, enabling the export of up to one million barrels of crude oil

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Caturus to Acquire SM Energy’s Galvan Ranch Assets in South Texas for $950 Million

March 31, 2026

Caturus Energy has entered into a definitive agreement with SM Energy to acquire SM’s Galvan Ranch assets for $950 million. The acquisition includes approximately 60,000 high‑quality net acres in South Texas and ~250 MMcfe/d of production from 260 producing wells.

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Interior Department Moves to Cut Red Tape for Offshore Oil and Gas Industry

March 31, 2026

The Department of the Interior is proposing updates to reduce costly regulations on the offshore oil and gas industry, freeing up billions of dollars for investment, exploration, production and job growth. The proposal would roll back requirements from a 2024

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