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Vitol to Acquire Noble Resources for $208.9 Million, Deal Expected to Expand Coal Trading Unit
August 6, 2024
Global energy trader Vitol has agreed to acquire Hong Kong-based Noble Resources Trading Ltd., the company said in a statement on Friday, in a deal intended to expand its coal trading business. The deal is expected to close before the
Pason Systems Appoints James Bowzer to Its Board of Directors
August 6, 2024
Pason Systems has appointed James Bowzer to its board of directors as an independent director. The company also said Jay Collins will be retiring from the board of directors in November 2024. James Bowzer joins Pason with more than 35
Chevron Moving Headquarters to Houston, Texas, Makes Senior Leadership Changes
August 5, 2024
Chevron Corporation said it will relocate the company’s headquarters from San Ramon, California, to Houston, Texas, and has made senior leadership changes. HEADQUARTERS RELOCATION The company’s headquarters will move from San Ramon, California, to Houston, Texas. Chevron chairman and CEO,
Rising Phoenix Expands Oil, Gas Portfolio with D-J Basin Deal, Colorado
August 5, 2024
Rising Phoenix Royalties (RPR) has closed on a significant deal for a working interest PDP (proved developed producing) property in Weld, Colorado. This transaction marks a historic milestone for RPR as its first non-operated drilling acquisition, signifying a strategic expansion
Wyoming BLM Extends Comment Period for Moxa’s CO2 Sequestration Project
August 5, 2024
The Bureau of Land Management is extending the public comment period on a draft environmental assessment that considers a right of way for the Southwest Wyoming CO2 Sequestration Project proposed by Moxa Carbon Storage. The comment period will now end
Aug. 2: U.S. Drillers Cut Oil and Gas Rigs for First Time in Three Weeks
August 5, 2024
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig
Viaro Energy to Acquire Shell, Exxon’s UK Southern North Sea Assets
August 2, 2024
Viaro Energy’s main operating subsidiary RockRose Energy has signed an agreement with Shell U.K. Limited and ExxonMobil’s subsidiary Esso Exploration and Production UK Limited to acquire a full ownership interest in their Shell-operated UK Southern North Sea assets. Viaro will
WhiteWater Midstream and Partners Reaches FID for Blackcomb Pipeline
August 2, 2024
Energy infrastructure company WhiteWater Midstream and its partners have reached a final investment decision (FID) for the Blackcomb Pipeline. The 42in pipeline stretches nearly 590km and will be built to carry up to 2.5bcf/d of natural gas. It will run
Occidental Completes $12 Billion Acquisition of CrownRock
August 2, 2024
Occidental has closed its acquisition of CrownRock. The acquisition was announced in December 2023. “By completing this transaction, Occidental adds assets that we believe make the best portfolio in our company’s history even stronger and more differentiated. We also welcome
Gold H2 Launches Industry Introduction of Hydrogen-producing Microbial Technology
August 2, 2024
Gold H2 has launched its Black 2 Gold Technology (B2G), a proprietary industrial biotech process that upgrades crude oil into biologically produced Gold Hydrogen®. The technology is available to select oil and gas owners and operators for pilot demonstrations. This
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