Chevron ups interest in Namibia license with drill-ready prospect
Trago Energy plans to transfer its 10% stake in PEL 90 while retaining certain exposure to the area’s commercial production potential.
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Chevron Australia extends non-destructive testing contract
Chevron Australia has renewed its 5-year non-destructive testing contract with EnerMech, ensuring continued inspection and asset integrity services until 2031.
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Trump cites $54 billion South Korean plan for Alaska LNG
South Korea may invest in the long-delayed Alaska LNG project, contingent on feasibility reviews, as part of a broader US energy investment initiative.
Read MoreYPF, Eni, XRG target November FID for Argentina LNG
Argentina’s LNG development, involving YPF, Eni, and XRG, is poised for a final investment decision next month.
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Canada lists Pacific Link as Project of National Interest
Pacific Link, formerly the West Coast oil pipeline, is set to benefit from streamlined regulatory review, following an Oct. 1 designation from government officials.
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Matador outlines drilling plans with Paloma acquisition now closed
Through the Paloma acquisition and the expected acreage additions from the recently announced Ridge Runner Resources deal, Matador Resources will have about 240,000 net acres in the core of the Delaware basin in fourth-quarter 2026. Together with the May Federal lease sale, the deals increase the operator’s net acreage position by almost 20% above its […]
Read MoreSerica Energy completes SNS acquisitions
The deal includes non-operated interests in North Sea fields Cygnus and Clipper plus operated positions across Greater Markham Area assets.
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Magnolia sells non-core South Texas assets, adds Karnes-area acreage during WildFire integration
Magnolia sold assets in Dimmit and Zavala counties and added Gonzales County acreage. The company now holds a 98% operated interest in a contiguous 10,000-acre block in the Karnes area, increasing development potential.
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Oil prices rise amid Chinese fuel export uncertainty, Middle East shipping risks
Crude oil prices increased driven by uncertainties over Chinese fuel export approvals during the holiday and security incidents in the Strait of Hormuz.
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US Senate negotiators reach permitting bill deal, ending yearslong impasse
The bipartisan legislation is aimed at reducing regulatory delays and litigation uncertainties for energy projects.
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