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

Coastal Bend LNG Appoints Keith Shoemaker as Chief Commercial Officer

April 15, 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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Chevron, Occidental, Woodside Energy Confirm Oil Discovery at Bandit Prospect JV, Gulf of America

April 14, 2026

Chevron has confirmed an oil discovery at the Bandit prospect in the Gulf of America. The exploration well is located in Green Canyon Block 680, about 125 miles south of the Louisiana coast. The well encountered high-quality, full-to-base oil-bearing Miocene

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Hexagon to Acquire Baker Hughes’ Waygate Technologies Business for $1.45 Billion

April 14, 2026

Hexagon has signed a definitive agreement to acquire Waygate Technologies, a leading provider of non-destructive testing solutions, from Baker Hughes for $1.45 billion. Waygate Technologies serves customers across aerospace, automotive, energy, and industrial manufacturing sectors globally, and brings with it

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Ovintiv Closes $2.85 Billion Sale of Its Anadarko Assets, Oklahoma

April 14, 2026

Ovintiv has closed on the all cash sale of its Anadarko assets, located in Oklahoma, for $3 billion. After customary closing adjustments, proceeds from the sale are expected to total approximately $2.85 billion. “The Anadarko sale completes the transformation of

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Chevron Consolidates Venezuela Heavy Oil Position in Asset Swap

April 14, 2026

Chevron has, through its subsidiaries with interests in Venezuela, agreed to an asset swap with Petroleos de Venezuela (PDVSA) and subsidiaries of PDVSA in a mutually beneficial agreement which will consolidate all parties’ focus on strategic assets in the country.

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ST LNG Selects Baker Hughes as Technology Provider for U.S. Offshore LNG Project, Texas

April 10, 2026

Baker Hughes and ST LNG entered into an agreement where Baker Hughes will supply critical gas compression, power generation equipment, and project development support for ST LNG’s proposed liquefied natural gas export terminal offshore of Matagorda, Texas. As part of

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NextEra Energy Receives Approval to Develop Natural Gas‑powered Generation in Texas and Pennsylvania

April 10, 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

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Continental Resources Expands Vaca Muerta Position With Pan American Energy Acquisition, Argentina

April 10, 2026

Continental Resources has signed an assets sale and purchase agreement with Pan American Energy (PAE) to acquire certain non-operating interests in four blocks located within the Vaca Muerta shale play in Argentina’s Neuquén Basin. “Vaca Muerta is one of the

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Citadel to Acquire Leading German Power Trader FlexPower

April 10, 2026

Citadel has entered into a definitive agreement to acquire 100 percent of Hamburg-based power trading firm FlexPower. The proposed acquisition is a strategic investment by Citadel and will introduce a new era of growth for FlexPower. The combination of Citadel’s

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SLB and SBM Offshore Form Digital Alliance to Optimize Performance of Offshore Production Systems

April 10, 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

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