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U.S. Drillers Add Oil and Gas Rigs for First Time in Four Weeks
April 21, 2025
U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes said in its closely followed report on Thursday. The oil and gas rig count, an early indicator
Enverus Acquires Pearl Street Technologies
April 17, 2025
Enverus has acquired Pearl Street Technologies. Pearl Street is a leading provider of automation solutions that streamline interconnection studies for transmission providers, utilities and energy developers. The interconnection queue backlog is at the heart of today’s growing resource adequacy, renewable
BWXT Joint Venture Awarded $2.6 Billion Strategic Petroleum Reserve Contract
April 17, 2025
The U.S. Department of Energy has awarded BWX Technologies to manage and operate the Strategic Petroleum Reserve. Strategic Storage Partners was formed by lead parent company APTIM Federal Services and BWXT Technical Services Group to safely manage and operate the
Woodside to Divest Greater Angostura Assets to Perenco for $206 Million
April 17, 2025
Woodside has entered into an agreement with Perenco to divest its Greater Angostura assets in Trinidad and Tobago for $206 million. The divestment is inclusive of Woodside’s interest in the shallow water Angostura and Ruby offshore oil and gas fields,
Atlas Energy Solutions Teams Up with Kodiak Robotics for Self-driving System, RoboTruck
April 17, 2025
Kodiak Robotics and Atlas Energy Solutions have completed the delivery of 100 loads of proppant with its two RoboTrucks, semi-trucks equipped with the Kodiak Driver, Kodiak’s self-driving system. This milestone marks the first time ever that a customer has taken
Energy Transfer, MidOcean Agree to Jointly Develop Lake Charles LNG Export Facility
April 16, 2025
Energy Transfer and MidOcean Energy have entered into a heads of agreement (HOA) related to its Lake Charles LNG project. MidOcean is a liquified natural gas (LNG) company formed and managed by EIG Global Energy Partners (EIG). The HOA provides
Q2 Artificial Lift Services Acquires Lufkin Industries North America Downhole Business
April 16, 2025
Lufkin Industries has sold its North America Downhole (NAM Downhole) business to Q2 Artificial Lift Services. This transaction aligns with Lufkin’s strategic focus on its core surface business and Q2’s focus on subsurface business, positioning both companies for long-term growth
Voyager Midstream Closes on Acquisition of Interest in Panola Pipeline
April 16, 2025
Voyager Midstream, a portfolio company of Pearl Energy Investments, has closed on the acquisition of a non-operated interest in the Panola Pipeline from Phillips 66. Operated by Enterprise Products Partners, the 254-mile Panola Pipeline originates in Panola County, Texas and
RPC Expands Its Permian Operations with Acquisition of Pintail Completions for $245 Million
April 16, 2025
RPC, Inc. has acquired Pintail Completions for approximately $245 million, subject to customary post-closing adjustments. Pintail is headquartered in Midland, Texas and is a leading provider of oilfield wireline services in the Permian basin. “The acquisition of Pintail is a
DOI: Analysis Show Major Increase in Gulf of America Oil and Gas Reserves
April 15, 2025
The Department of the Interior reported a significant increase in estimated oil and gas reserves in the Gulf of America Outer Continental Shelf, underscoring the region’s critical role in advancing our country’s national security and American energy dominance. The Bureau
