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Oilfield Products International Champions Safe and Effective Drilling Equipment
July 19, 2024
Oilfield Products International Inc. (OPI) is a well-recognized drilling equipment manufacturer based in the United States. Since its founding in 1997, the company has pioneered smarter, safer drilling solutions. It has cultivated strong relationships with American companies and international organizations
Arvind Kumar Takes Over as Director at IndianOil
July 18, 2024
Arvind Kumar takes over the office of Director (Refineries), IndianOil. Arvind Kumar brings a wealth of experience and strategic insight into his new role, following a distinguished tenure as the managing director of Chennai Petroleum Corporation Limited (CPCL), a Government
Energy Transfer and Sunoco Form Crude Oil JV in Permian Basin
July 18, 2024
Energy Transfer and Sunoco have formed a joint venture combining their respective crude oil and produced water gathering assets in the Permian Basin. Energy Transfer will serve as the operator of the joint venture and contribute its Permian crude oil
Detechtion Technologies Acquires Logistics Management Software Company EZ Ops
July 18, 2024
Detechtion Technologies, based in Canada and the U.S., has acquired EZ Ops. EZ Ops is a Calgary-based company specializing in field operations and logistics management software solutions for the oil and gas industry. EZ Ops’ field service management solution leverages
Alaskan Federal Court Overturns Sale of Oil and Gas Lease After Environmental Challenge
July 18, 2024
An Alaskan federal judge has suspended an oil and gas lease sale in the Cook Inlet basin, southern Alaska, after discovering issues with the environmental study that preceded it. The lease sale had originally been permitted by the Biden administration.
Invixium Acquires Triax Technologies to Expand Its Biometric Solutions with AI-based RTLS Offering
July 18, 2024
Invixium has acquired US-based Triax Technologies. This strategic acquisition expands Invixium’s portfolio with Triax’s AI-based RTLS (Real-Time Location Systems) and connected worker solutions, designed to improve worker productivity and equipment utilization. With this move, Invixium broadens its scope beyond entry-point
Occidental’s 1PointFive Agrees to Sell Carbon Credits to Microsoft
July 17, 2024
1PointFive has entered into an agreement with Microsoft to sell 500,000 metric tons of carbon dioxide removal (CDR) credits over six years to support Microsoft’s carbon removal strategy. The agreement is the largest single purchase of CDR credits enabled by
Diversified Energy to Acquire East Texas NatGas Assets from Crescent Pass Energy for $106 Million
July 16, 2024
Diversified Energy Company has executed a conditional purchase and sale agreement for the acquisition of high-working interest, operated natural gas properties and related facilities located within eastern Texas from Crescent Pass Energy. “The target assets are a perfect fit with
ADCC Pipeline Begins Commercial Service, Texas
July 16, 2024
The ADCC Pipeline entered commercial service on July 1, 2024, and is capable of providing approximately 1.7 Billion cubic feet per day (Bcf/d) of natural gas transportation capacity to the Cheniere Corpus Christi Liquefaction facility from markets on Whistler Pipeline’s
FTC Issues Second Request for ConocoPhillips-Marathon Oil $22.5 Billion Acquisition
July 16, 2024
ConocoPhillips has received a second request for information from the U.S. FTC for its acquisition of Marathon Oil. This development is a part of the FTC’s antitrust review procedures and could potentially delay the closing of the transaction. In May,
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