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White River Appoints Colin Cosgrove as President and CEO, Zack Holley as Executive VP
October 13, 2023
White River Private Capital Management (WRPCM), a wholly owned subsidiary of White River Energy Corp has made key leadership appointments for WRPCM, including Colin Cosgrove as president and chief executive officer, and Zack Holley as executive VP and chief distribution
Canada Could Lead the World in Oil Production Growth in 2024
October 13, 2023
Canada’s oil production is set to jump by about 10 percent over the next year and become one of the largest sources of increased supply around the world. The country produces about 4.8 million barrels per day (bpd) of crude
Vitesse Acquires Additional Oil and Gas Interests in the Williston Basin for $50 Million
October 12, 2023
Vitesse Energy has made several impactful acquisitions, revised its 2023 guidance, and released a preliminary outlook for 2024, and additional hedging. “As a return of capital company, these opportunistic acquisitions combined with our hedging activity are expected to be accretive
W&T Offshore Appoints John Poole as VP Health, Safety, Environmental, and Regulatory
October 12, 2023
W&T Offshore has appointed John Poole to the position of vice president Health, Safety, Environmental, and Regulatory (HSE&R). Poole will assist in W&T continuously building upon its stellar safety and environmental record by applying decades of HSE&R experience in the
ExxonMobil to Acquire Pioneer Natural Resources in $59.5 Billion All-Stock Deal
October 11, 2023
Exxon Mobil Corporation and Pioneer Natural Resources have entered into a definitive agreement for ExxonMobil to acquire Pioneer. The merger is an all-stock transaction valued at $59.5 billion, or $253 per share. Under the terms of the agreement, Pioneer shareholders
Trace Carbon Solutions, Molpus Woodlands Group to Develop Evergreen Carbon Sequestration Hub, La.
October 11, 2023
Trace Carbon Solutions and Molpus Woodlands Group have signed a servitude agreement providing Trace with exclusive rights to develop and operate a carbon sequestration site, to be called the Evergreen Sequestration Hub on approximately 20,000 acres in Calcasieu and Beauregard
SLB Launches First-of-Its-Kind, Easy-to-Install Methane Measurement Instrument
October 11, 2023
SLB’s end-to-end emissions solutions (SEES) business introduced its next generation methane point instrument, a self-installed continuous methane monitoring system that uses IoT-enabled sensors to quickly and cost effectively detect, locate and quantify emissions across oil and gas operations. The methane
Finland Investigates Suspected Sabotage of Baltic-connector Gas Pipeline
October 11, 2023
Finland says damage to an underwater natural gas pipeline with Estonia on Sunday may have been deliberate and was probably caused by “external activity”. The Baltic-connector pipeline was shut down after a sudden drop in pressure. A telecoms cable was
BOEM Releases Updated Terms for Gulf of Mexico Oil and Gas Lease Sale 261
October 10, 2023
In response to a ruling from the United States Court of Appeals for the Fifth Circuit, the Bureau of Ocean Energy Management (BOEM) has published its updated final notice of sale (FNOS) for Gulf of Mexico Oil and Gas Lease
ExxonMobil Reportedly in Talks to Acquire Pioneer Natural Resources for $60 Billion
October 9, 2023
American oil and gas major ExxonMobil is reportedly planning to snap up Permian shale basin operator Pioneer Natural Resources, with talks already in advanced stages. The news about the potential deal was first reported by The Wall Street Journal with
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