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

North American LNG Export Capacity Set to More Than Double by 2029

November 10, 2025

The U.S. Energy Information Administration (EIA) projects North America’s liquefied natural gas (LNG) export capacity could more than double by 2029, driven by major U.S., Canadian, and Mexican terminal expansions now under construction. According to EIA data and trade reports,

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Aker Solutions Secures Five-year Brownfield Services Contract from ExxonMobil Canada

November 7, 2025

Aker Solutions has signed a five-year enabling contract with ExxonMobil Canada Properties, a partnership, as operator of the Hebron platform. The contract is an extension for brownfield maintenance and modification (M&M) services on the Hebron platform. The brownfield M&M contract

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SLB and Ormat Deepen Alliance to Advance Geothermal Energy

November 6, 2025

Global energy technology company SLB and leading geothermal and renewable energy company Ormat Technologies entered into an agreement to fast-track the development and commercialization of integrated geothermal assets, including enhanced geothermal systems (EGS). EGS is the next generation of geothermal

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CNX Resources Promotes Everett Good to Chief Financial Officer

November 5, 2025

CNX Resources has appointed Everett Good, the company’s current vice president of Finance and Treasury, to serve as chief financial officer, effective January 1, 2026. Good will succeed Alan Shepard who will assume the roles of president and chief executive

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Delta Sands Unveils Plans for New Frac Sand Facility in the Western Haynesville, Texas

November 4, 2025

Delta Sands released plans for the construction of a new 3-million-ton-per-year wet sand processing facility strategically located near Buffalo, Texas, in the heart of the Western Haynesville Shale. The project is designed to meet the increasing demand for high-quality in-basin

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ExxonMobil Acquires Remaining Interest in Sinochem JV in Midland Basin

November 4, 2025

ExxonMobil has recently completed the buyout of its legacy joint venture with Sinochem, acquiring an additional 80,000 acres in the Midland Basin. This strategic move is part of ExxonMobil’s efforts to expand its operations in the Permian Basin, a key

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Sunoco Completes $9.1 Billion Acquisition of Fuel Retailer Parkland

November 4, 2025

Sunoco has successfully completed its acquisition of Parkland Corporation for $9.1 billion. This deal, finalized on October 31, 2025, significantly expands Sunoco’s presence in the convenience store market, particularly in the U.S. and Canada. The acquisition increases Sunoco’s U.S. convenience

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SM Energy and Civitas to Merge in $12.8 Billion Deal

November 3, 2025

SM Energy and Civitas Resources have entered into a definitive merger agreement involving an all-stock transaction with an enterprise value of approximately $12.8 billion. The combined company will have a premier portfolio of approximately 823,000 net acres, with the Permian

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Rising Phoenix Acquires Eagle Ford Royalty Interests from EOG, Lewis Energy

October 31, 2025

Rising Phoenix Capital has acquired 249.05 net royalty acres (NRA) in the core of the Eagle Ford Shale, operated by EOG Resources and Lewis Energy Group. The acquisition marks the final placement for Maroon Bells, part of Rising Phoenix’s broader

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Tamarack Valley Energy Closes $79.5 Million Sale of Non-core Assets in Eastern Alberta, Canada

October 30, 2025

Tamarack Valley Energy has successfully closed on the sale of its non-core producing assets in the Veteran Consort and Eyehill areas of Eastern Alberta. Gross proceeds from the divestment were $79.5 million (CAD$112 million) before closing adjustments and the assumption

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