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NEWS Click on text to read news by category: General | Product | People | Worldwide

Australian Conservation Foundation Dismisses Challenge to Woodside’s Scarborough Energy Project

September 4, 2024

Woodside and the Australian Conservation Foundation (ACF) have agreed to dismiss the ACF’s challenge to a primary environmental approval for Woodside’s Scarborough Energy Project. The Scarborough Energy Project has all primary environmental approvals in place and offshore work is progressing

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SLB Launches Carbon Storage Well Integrity Assessment Solution

September 4, 2024

SLB has launched a well integrity assessment solution that helps carbon storage developers quantify the risks associated with wells at prospective storage sites with previous drilling activity. Carbon capture, utilization, and storage (CCUS) provides one of the most immediate opportunities

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Talos Energy President and CEO Tim Duncan Steps Down

September 4, 2024

Talos Energy said Tim Duncan has stepped down from his role as president and chief executive officer, effective August 29, 2024. Joseph Mills, who has served on the company’s board since March, 2024, will serve as interim president and chief

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Diversified Energy to Acquire Operated Natural Gas Properties for $87 Million, Texas

September 3, 2024

Diversified Energy Company has executed a conditional purchase and sale agreement for the acquisition of operated natural gas properties located within eastern Texas from a regional operator for approximately $68 million. The assets contain a significant proved developed producing (PDP)

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Chevron Boosts Oil and Natural Gas Recovery at Two Facilities in U.S. Gulf of Mexico

September 3, 2024

Chevron said it started water injection operations at two projects to boost oil and natural gas recovery at the company’s existing Jack/St. Malo and Tahiti facilities in the deepwater U.S. Gulf of Mexico, where Chevron operations produce some of the

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Canadian Rail Union Files Lawsuits Challenging Back-to-work Orders

September 3, 2024

The union that represents workers at both of Canada’s largest freight railroads has filed the lawsuits it had promised challenging the orders that forced employees back to work and got the trains moving again, the union announced Friday. The lawsuits

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August 30: U.S. Drillers Cut Oil and Gas Rigs for Third Week in a Row

September 3, 2024

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row for the first time since late June, energy services firm Baker Hughes said in its closely followed report

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One Equity Partners to Acquire EthosEnergy

August 30, 2024

One Equity Partners (OEP) has agreed to acquire EthosEnergy. EthosEnergy is a global independent service provider focusing on rotating equipment for customers in the power generation, energy, industrial, and aerospace, and defense markets. “EthosEnergy is uniquely positioned to meet the

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Shell to Sell Sinco Pipeline System and Colex Terminal to Edgewater Midstream

August 30, 2024

Shell Pipeline Company and Triton West, respective subsidiaries of Shell USA, have agreed to sell their 100 percent interest in the Sinco pipeline system and Colex terminal to a subsidiary of Edgewater Midstream, pending regulatory approval. “This sale follows our

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SPATCO Energy Solutions Acquires Blue1 Energy Equipment

August 30, 2024

SPATCO Energy Solutions has completed the acquisition of Blue1 Energy Equipment. Blue1 is a leading manufacturer of DEF storage and dispensing equipment located in Greenville, SC. Blue1 provides a range of equipment and services to petroleum, EV, commercial, and industrial

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