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Diversified to Acquire Sheridan’s East Texas Gas Assets for $245 Million
June 1, 2026
Diversified Energy has executed a purchase and sale agreement for the acquisition of high-working interest, natural gas properties and related facilities located in east Texas from Sheridan Production for $245 million. “The target assets are a perfect fit with our
Post Oak Energy Capital Sells Southern Delaware Basin Assets, Texas
June 1, 2026
Post Oak Energy Capital has sold the assets of UpCurve Energy Partners. The transaction includes substantially developed oil and gas assets located in the Southern Delaware Basin in West Texas, consisting of mature oil-weighted production and associated leasehold acreage. The
Danos Expands Supply Chain Capabilities with Acquisition of AXion Logistics
June 1, 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
TotalEnergies and Partners to Develop Live Oak Project for e-NG Production, Nebraska
June 1, 2026
TotalEnergies, TES, Osaka Gas, Toho Gas, and ITOCHU have signed a joint development and operating agreement, granting the Japanese companies a combined 33.3 percent stake in the Live Oak project. The Live Oak project is a large-scale facility to produce
Hunting Secures $63.5M Contract for Its Titanium Stress Joint Product, Offshore Development Guyana
June 1, 2026
Hunting has been awarded orders totaling $63.5 million for its titanium stress joint (TSJ) product line, for a new offshore development in Guyana. “Our TSJ product line, which is a critical component for offshore developments, continues to be adopted on
SLB and SBM Offshore Form Digital Alliance to Optimize Performance of Offshore Production Systems
June 1, 2026
SLB and SBM Offshore entered into an agreement for an exclusive digital alliance to optimize the performance of offshore production systems. The alliance brings together SLB’s digital and domain expertise in subsurface, subsea, surface production and recovery with SBM Offshore’s
Tullow Oil Appoints Roald Goethe as Chairman
June 1, 2026
Tullow Oil has appointed Roald Goethe as chair of the board. “It is an honor to be appointed as chair of Tullow. I look forward to supporting Ian, Richard, and the team and engaging with our key stakeholders as we
NextEra Energy Receives Approval to Develop Natural Gas‑powered Generation in Texas and Pennsylvania
May 28, 2026
NextEra Energy confirmed that President Donald J. Trump has approved the development of up to 10 gigawatts of natural gas‑powered generation in Texas and Pennsylvania. The approval, made in connection with Japan’s $550 billion investment commitment to the United States
Trinity Gas Storage Reaches Final Investment Decision on Phase II Expansion, Texas
May 28, 2026
Trinity Gas Storage has reached final investment decision (FID) on phase II of its gas storage development project in East Texas, marking another major milestone in the continued expansion of critical energy infrastructure supporting Texas’ growing electric grid and natural
Equinor to Divest Its Vaca Muerta Portfolio to Vista Energy for $1.1 Billion
May 28, 2026
Equinor has signed an agreement with Vista Energy to divest its full onshore position in Argentina’s Vaca Muerta basin. The transaction includes Equinor’s 30 percent non-operated interest in the Bandurria Sur asset and its 50 percent non-operated interest in the
