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

Siemens’ Gridscale X Redefines System Operations and Agentic Transmission Planning

May 22, 2026

Siemens continues to be at the forefront of technological innovation, today announcing the next evolution of its Gridscale X platform. Gridscale X provides the digital foundation for utilities to manage their grids at greater speed, and complexity at scale. Siemens also unveiled

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bp Appoints Carol Howle as Deputy Chief Executive Officer

May 22, 2026

bp has appointed Carol Howle as deputy chief executive officer, effective immediately. Howle will continue to lead supply, trading and shipping (ST&S) and in her new role will also oversee the company’s ongoing portfolio review and strategy development. To support

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Devon Energy Acquires 16,300 Acres through Oil and Gas Lease Sale for $2.6 Billion, New Mexico

May 21, 2026

Devon Energy has acquired 16,300 net undeveloped acres in the core of the Delaware Basin in Lea and Eddy Counties, New Mexico, for approximately $2.6 billion through the Bureau of Land Management oil and gas lease sale. This acquisition bolsters

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Milestone Environmental Expands Network with Acquisition of Striker Slurry Injection Facility

May 21, 2026

Milestone Environmental has acquired the Striker slurry injection facility in Lea County, New Mexico, further expanding its industry-leading network of advanced waste management infrastructure. The Striker facility enhances Milestone’s strategic positioning across the Permian Basin, bringing the company’s total network

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Japex Closes $1.26 Billion Acquisition of Verdad Resources’ D-J Assets

May 21, 2026

Japan Petroleum Exploration Co. (JAPEX) has completed its acquisition of all interests in Verdad Resources securing tight oil and gas assets in Colorado and Wyoming in a deal valuing the enterprise at $1.26 billion. Through its overseas sub-subsidiary Peoria Resources,

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Canada-based Crown Point Acquires 95% Stake in Argentina Oil & Gas Concessions for $57.9 Million

May 21, 2026

Crown Point Energy has closed on the acquisition of interest in the El Tordillo, La Tapera, and Puesto Quiroga hydrocarbon exploitation concessions and certain related infrastructure. The company has now acquired an aggregate 95 percent interest in the Chubut Concessions.

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Oklo and Liberty Energy Launch Next-Generation Integrated Power Solution

May 21, 2026

Oklo and Liberty Energy have launched a strategic alliance to accelerate integrated power solutions for large-scale, high-demand customers, including data centers, industrial facilities, and utility-scale sites. Together, the companies will offer an integrated deployment strategy that meets immediate power demand

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Gulfport Energy Appoints Domenic Dell’Osso, Jr. as Chief Executive Officer

May 21, 2026

Gulfport Energy Corporation has appointed Domenic “Nick” Dell’Osso, Jr. as president and chief executive officer, effective May 28, 2026. “Nick is a highly respected proven leader with the strategic vision, financial discipline and operational expertise to propel Gulfport forward into

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EPA Launches Transparent, Interactive Permitting Map

May 20, 2026

The U.S. Environmental Protection Agency (EPA) has launched the EPA Permitting Authority Map. The interactive map — accessible via EPA’s website — identifies which regulatory agencies have the authority to issue permits covering all of EPA’s permitting programs and environmental

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Tidewater to Acquire Wilson’s Brazil Fleet for $500 Million

May 20, 2026

Tidewater has entered into a definitive agreement to acquire all of the outstanding shares of Wilson Sons Ultratug Participações (WSUT) and its affiliate Atlantic Offshore Services at an enterprise value of approximately $500 million, including the assumption of WSUT’s existing

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