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

Pembina Pipeline Green Lights Two Projects in B.C. and Alberta, Canada

April 29, 2026

Calgary-based Pembina Pipeline Corp. says it has decided to proceed with two pipeline expansion projects in British Columbia and Alberta. Pembina says the two pipeline expansions it has sanctioned represent a total investment of $425 million and are set to

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Talos Founder Tim Duncan Leads U.S. Gulf Oil Acquisition with New Company

April 29, 2026

A new oil and gas company backed by Talos Energy founder Tim Duncan has entered the U.S. Gulf through the acquisition of Renaissance Offshore, marking its first move into U.S. offshore production. The company, 1947 Oil & Gas Plc, was

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Williams Breaks Ground on Northeast Supply Enhancement Pipeline, New York

April 29, 2026

Williams has marked the official start of construction on the Northeast Supply Enhancement (NESE) project with a groundbreaking ceremony at Floyd Bennett Field in Brooklyn, joined by federal and state officials, labor leaders, and project partners. NESE is an expansion

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Hunting Secures $63.5M Contract for Its Titanium Stress Joint Product, Offshore Development Guyana

April 29, 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

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

April 29, 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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Coastal Bend LNG Appoints Keith Shoemaker as Chief Commercial Officer

April 29, 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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Shell to Acquire Canadian Energy Company ARC Resources for $16 Billion

April 28, 2026

Shell has entered into a definitive agreement to acquire ARC Resources, an energy company focused on the Montney shale basin in British Columbia and Alberta, Canada. “ARC is a high-quality, low-cost and top quartile low carbon intensity producer operating in

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Apollo to Acquire 40% Interest in Canada’s Pembina Gas Infrastructure

April 28, 2026

Apollo said it has agreed to acquire a 40 percent stake in Pembina Gas Infrastructure (PGI), a premier gas processing entity in Western Canada, from funds managed by KKR. Pembina Pipeline, which operates and manages PGI’s facilities, will maintain its

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Stonepeak, Bernhard Capital Partners to Acquire Louisiana Utility Company Cleco

April 28, 2026

Stonepeak and Bernhard Capital Partners entered into an agreement to acquire Cleco Group from a consortium comprised of Macquarie Asset Management, British Columbia Investment Management Corporation (BCI), and Manulife Investment Management. Headquartered in Pineville, Louisiana, Cleco is a regulated electric

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Baker Hughes Secures Strategic Gas Technology Order Supporting Argentina’s Gas Infrastructure

April 28, 2026

Baker Hughes said it has secured a strategic order from San Matias Pipeline S.A. to supply three gas compression units for a major natural gas pipeline project in Argentina. “This award underscores our continued focus on supporting critical gas infrastructure

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