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

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

February 12, 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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Emerson Launches AI-Enabled Guidance to Support Industrial Resilience

February 11, 2026

Emerson has introduced Guardian™ Virtual Advisor, an AI-powered software solution to support end-to-end lifecycle management. Emerson’s Guardian Virtual Advisor combines AI with deep domain expertise to help customers rapidly evaluate and enhance the performance of their automation systems, driving smarter

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Select Water Solutions and LibertyStream to Build Out Commercial Lithium Carbonate Production Units

February 10, 2026

Select Water Solutions and LibertyStream have entered into a definitive agreement to deploy commercial lithium carbonate production facilities at Select’s water treatment and recycling sites in the Midland Basin, Texas. The agreement outlines a three-stage development program for these Carbonate

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Mitsubishi to Acquire Aethon’s Haynesville Shale Gas Business in Louisiana, Texas for $5.2 Billion

February 9, 2026

Mitsubishi Corporation (MC) has agreed to acquire all equity interests in Aethon Energy and related entities and interests. This transaction marks MC’s entry into the U.S. shale gas business across the value chain, from upstream ownership through domestic sales and

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Harbour Energy to Enter U.S. Gulf with $3.2 Billion Acquisition of LLOG Exploration

February 6, 2026

Harbour Energy has entered into an agreement to acquire LLOG Exploration for $3.2 billion. The acquisition marks Harbour’s strategic entry into the U.S. Gulf of America, strengthening its global portfolio and establishing another core business unit alongside Norway, the UK,

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Wyoming Recommends $11.7 Million in Grants for REE Project, Carbon Capture, Mowry Shale Formation

February 6, 2026

Wyoming’s top energy agency, the Wyoming Energy Authority, is recommending a combined $11.7 million in grants to support carbon capture at power plants, to produce rare earth elements from Powder River Basin coal, and to conduct a University of Wyoming

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Glenfarne Moves Phase One Alaska LNG from Development Into Early Execution

February 3, 2026

Glenfarne Group’s subsidiary Glenfarne Alaska LNG, majority owner and developer of the Alaska LNG Project, has made a series of major advances that move phase one of the Alaska LNG Project from development into early execution — focused on rapidly

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SGBX Subsidiary Olenox to Implement AI Algorithm to Streamline Wellsite Production, Operator Input

February 3, 2026

Safe & Green Holdings, and its wholly owned subsidiary, Olenox, have completed phase 1 of its intelligent wellsite monitoring system, leveraging the company’s Machfu gateway as its core technology. The system is designed to optimize wellsite operations through real-time, bi-directional

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Gunvor Group Appoints Gary Pedersen as CEO

February 3, 2026

Members of the management of Gunvor Group have successfully accepted a management-led buy-out offer of the company from existing ownership. Under the agreement, majority owner Torbjörn Törnqvist will sell the entirety of his holdings in favor of a group of

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Revenant Energy’s Black Bear Natural Gas Development Project Secures FAST-41 Coverage

February 2, 2026

The Federal Permitting Improvement Steering Council has added the Black Bear Natural Gas Development Project to FAST-41 coverage. This natural gas production and pipeline project will play a key role in the Trump administration’s goal of unleashing the nation’s abundant

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