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NEWS Click on text to read news by category: General | Product | People | Worldwide

Aalo Atomics Breaks Ground on First Extra Modular Nuclear Reactor, Idaho

September 2, 2025

Austin-based Aalo Atomics broke ground to start construction on Aalo-X, the first experimental extra modular nuclear reactor (XMR). Located next to Idaho National Laboratory (INL)’s Materials and Fuels Complex, Aalo plans to complete construction and achieve criticality for this reactor

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Superior Energy Services Acquires Quail Tools from Nabors for $600 Million

August 29, 2025

Superior Energy Services has acquired Quail Tools, a leading provider of premium tubular rentals in the U.S. land market, from Nabors Industries. This strategic transaction significantly expands Superior’s presence in the U.S. market, enhancing its scale and capabilities. It also

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Epsilon Energy to Acquire Yorktown Energy Partners’ Peak Assets in Powder River Basin, Wyoming

August 29, 2025

Epsilon Energy has entered into definitive agreements to acquire two entities (Peak Exploration and Production and Peak BLM Lease) majority owned by funds of Yorktown Energy Partners for approximately $86.26 million. The acquired Peak assets include 40,500 net acres in

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Western Midstream to Acquire Aris Water Solutions for $1.5 Billion

August 29, 2025

Western Midstream Partners (WES) and Aris Water Solutions have entered into a definitive agreement to which WES will acquire all of the outstanding shares of Aris in an equity-and-cash transaction valued at approximately $1.5 billion. “We are excited to announce

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DOI Sets Offshore Energy Leasing Schedule Under One Big Beautiful Bill Act

August 29, 2025

The Department of the Interior is rolling out a long-term schedule for offshore oil and gas lease sales in the Gulf of America and Alaska’s Cook Inlet, as directed by the One Big Beautiful Bill Act (H.R. 1). By committing

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LibertyStream’s Oilfield Brine Refining Unit in Transit to Field Operations in Texas

August 29, 2025

LibertyStream Infrastructure Partners said construction of its commercial lithium carbonate refining unit has been finalized and it is now in transit to LibertyStream’s field operations in Texas. “This milestone brings us to the final stage before commercial engagement with future

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Oklo Commissions Aurora Digital Monitoring Room with ABB, California

August 29, 2025

Oklo has signed a memorandum of understanding (MOU) with ABB and has commissioned a digital monitoring room at its headquarters in Santa Clara, California. The monitoring room, equipped with ABB technology, will anchor Oklo’s operator training and simulation center and

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ExxonMobil Starts Production from Yellowtail Development, Offshore Guyana

August 29, 2025

ExxonMobil Guyana started production at Yellowtail, the fourth oil development in Guyana’s offshore Stabroek block. Yellowtail’s ONE GUYANA floating production storage and offloading (FPSO) vessel joins the Destiny, Unity, and Prosperity FPSOs, bringing total installed capacity in Guyana to above

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Cenovus Energy to Acquire Canada’s MEG Energy for $5.7 Billion

August 28, 2025

Cenovus Energy has entered into a definitive arrangement agreement to acquire MEG Energy in a cash and stock transaction valued at $5.7 billion (CAD$7.9 billion). “This transaction represents a unique opportunity to acquire approximately 110,000 barrels per day of production

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ATCO’s Yellowhead Pipeline Secures Key Approval from Alberta Utilities Commission, Canada

August 28, 2025

ATCO’s subsidiary, Canadian Utilities Limited, has received approval from the Alberta Utilities Commission (AUC) on the need assessment application for the Yellowhead Pipeline Project, marking a major milestone in the development of Alberta’s energy infrastructure. “This Alberta Utilities Commission decision

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