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

Saturn Oil & Gas to Acquire Corex Resources for $302 Million

November 6, 2026

Saturn Oil & Gas has entered into a definitive agreement to acquire Corex Resources for a total consideration of $302 million. “This acquisition embodies the Saturn blueprint in action, adding premium oil barrels for only 1.6 times net operating income

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Ovintiv to Acquire Montney Oil Producer Logan Energy for $890 Million

November 6, 2026

Ovintiv and Logan Energy have entered into a definitive agreement where Ovintiv will acquire all of the outstanding shares of Logan in an all-cash transaction that values Logan at approximately $890 million (C$1.26 billion). “This bolt-on transaction delivers value for

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Divided Government, Divided Risk: What 2026 Midterms Mean for Oil and Gas and Deep-Sea Mining

November 6, 2026

The Democratic victory in the 2026 midterm elections may change the political conditions for U.S. extractive industries, but it does not reverse the Trump administration’s resource agenda nor the legal basis on which U.S. extractive projects are authorized. Leases, permits,

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Chord Energy Releases Its 2025 Sustainability Report

November 6, 2026

Chord Energy has released its 2025 Sustainability Report, which highlights Chord’s commitment to responsible operations and transparent reporting of environmental stewardship, social responsibility, and corporate governance. “At Chord, we deliver affordable, reliable energy safely and responsibly, helping meet the world’s

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Gunvor Group Changes Name to Centalion Group, Moves Headquarters to Singapore

November 6, 2026

The employee partnership that owns Gunvor Group has voted to change the name of the company to Centalion Group to reflect its evolution under a new ownership structure, leadership model, and strategic outlook for the future. The company also said

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Kongsberg Digital, AIQ Enter Collaboration Agreement to Drive AI-powered Optimization for Drilling

November 6, 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

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Coastal Bend LNG Appoints Keith Shoemaker as Chief Commercial Officer

November 6, 2026

Coastal Bend LNG has appointed Keith Shoemaker as chief commercial officer, effective October 1, 2025. “I’m impressed by the entrepreneurial spirit of the management team and the project’s intentional focus on reducing carbon impact,” said Keith Shoemaker. “I’m excited to

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Energy Transfer Approves $1.6 Billion South Mississippi Natural Gas Pipeline Project

November 5, 2026

Energy Transfer has formally committed to developing the $1.6 billion South Mississippi Pipeline, a major natural gas infrastructure project designed to transport up to 1.2 billion cubic feet of gas per day (Bcf/d) from Louisiana across Mississippi. The proposed 215-mile

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CVR Energy to Acquire Marathon Petroleum’s Two Refineries and Marketing Platform for $4.2 Billion

November 5, 2026

CVR Energy has entered into a definitive agreement with Marathon Petroleum and its subsidiaries where CVR Energy would acquire Marathon’s St. Paul Park, Minnesota and Mandan, North Dakota refineries, along with Marathon’s related marketing business for a total purchase price

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Judge Denies Greenpeace Request for New Trail Over Judgement at Dakota Access Pipeline Protests

November 5, 2026

A North Dakota judge has denied Greenpeace’s request for a new trial in the case brought against the organization by the developer of the Dakota Access Pipeline. Greenpeace will now move forward with its appeal of the $345 million judgment

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