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Aker Solutions Renames Its Consultancy Arm Entr, Plans to Increase Revenues and Headcount
May 28, 2024
Aker Solutions’ consultancy said it plans to double its revenues and headcount by 2030 as it introduces its new name, Entr. Entr’s growth is driven by an increased demand for Aker Solutions’ early phase offerings and the need to adapt
U.S. Drillers Cut Oil and Gas Rigs for Fourth Time in Five Weeks
May 28, 2024
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the fourth time in five weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig
JERA Americas Names Randolph Bell Vice President of Government and Regulatory Affairs
May 28, 2024
JERA Americas, a Houston-based subsidiary of global energy leader JERA Co., said Randolph Bell has joined the company as the vice president of Government and Regulatory Affairs. Bell will lead government engagement teams for JERA Americas at the local, state,
Happy Memorial Day!
May 24, 2024
In honor of Memorial Day, our offices will be closed on Friday and Monday. We will reopen the office on Tuesday, May 28. May we never forget those who made the ultimate sacrifice for our freedom. This weekend, we honor
WildFire Energy to Acquire Apache’s Eagle Ford Assets
May 23, 2024
WildFire Energy has entered into a definitive agreement for the acquisition of approximately 237,000 net acres and interests in 465 wells in the East Texas Eagle Ford from Apache Corporation and subsidiaries. With the acquisition, WildFire will operate more than
Phillips 66 to Acquire Pinnacle Midstream for $550 Million, Expands Footprint in Midland Basin
May 23, 2024
Phillips 66 has agreed to acquire Pinnacle Midstream from private equity firm Energy Spectrum Capital for cash consideration of $550 million in a strategic move to expand its natural gas gathering and processing footprint in the Midland Basin. “We are
First Canadian Oil Export Cargo from Expanded Trans Mountain Pipeline Set to Load
May 23, 2024
Crude oil tanker Dubai Angel on Monday moored at the Westridge Marine Terminal in Vancouver, preparing to load the first cargo of crude oil from the recently expanded Trans Mountain pipeline (TMX), ship tracking data showed. Chartered by Canadian oil
Firm Building QatarEnergy-Exxon Golden Pass LNG Plant in Texas Files for Bankruptcy
May 23, 2024
The lead contractor building a Texas liquefied natural gas (LNG) plant for QatarEnergy and ExxonMobil on Tuesday filed for Chapter 11 bankruptcy protection, citing challenges at the project. Zachry Holdings, which held the lion’s share of the $10 billion construction
Coal and Natural Gas Will Be Needed to Power Electrical Grid Longer, Senate Panel Says
May 23, 2024
Technologies such as artificial intelligence and electric vehicles have increased demand on America’s power grid so much that members of the Senate Committee on Energy and Natural Resources said Tuesday that the grid will need to rely on fossil fuel
TotalEnergies, Partners Makes FID on Kaminho Deepwater Project, Angola
May 23, 2024
TotalEnergies (40 percent), along with its partners, Petronas (40 percent) and Sonangol (20 percent), released the final investment decision (FID) of the Kaminho project to develop the Cameia and Golfinho fields, located 100 km off the coast of Angola, by
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