Continental Resources expands Permian footprint with FireBird Energy acquisition
Continental Resources is set to significantly expand its presence in the Permian Basin through an agreement to acquire FireBird Energy II LLC, a portfolio company of Quantum Capital Group. The transaction will add a substantial Midland Basin position to Continental’s existing operations, bringing further oil-weighted production and development opportunities within one of the United States’ […]
Mazarine Energy enters Dutch energy market with Wintershall Noordzee acquisition
Mazarine Energy has completed the acquisition of a 50 percent shareholding in Wintershall Noordzee B.V. from Wintershall Dea GmbH, marking the company’s entry into the Dutch energy market. The transaction represents a strategic step in Mazarine Energy’s efforts to diversify its portfolio and strengthen its presence in Northwest Europe. Expanding into the Netherlands The acquisition […]
New Cebu Energy Terminal Project to strengthen energy supply across the Visayas
Northern Star Energy Corporation and Sta. Cruz Storage Corporation (SCSC) are participating in the development of a new energy terminal in Cebu through Therma Cebu Energy Inc. (TCEI), a joint venture between SCSC and Therma Power, Inc. (TPI). The project is designed to support Shell’s expanding terminal network while strengthening energy supply and distribution capabilities […]
Hunt Oil Company signs agreement with PDVSA to support Venezuela’s oil and gas production
Hunt Oil Company has entered into a new agreement with Petróleos de Venezuela, S.A. (PDVSA) aimed at supporting the expansion of Venezuela’s oil and gas production, positioning the Dallas-based company among the first US companies to take such a step. The agreement is intended to contribute to the revitalisation and growth of Venezuela’s hydrocarbons sector, […]
Fluxys affiliate GMSL will join forces with Energy One Ltd
Energy One Limited and Fluxys have entered into a Share Purchase Agreement under which Energy One will acquire 100 percent of Fluxys’ UK-based affiliate, GMSL, while Fluxys will become a strategic shareholder in Energy One with an 18.26 percent stake. The proposed transaction represents the largest acquisition in Energy One’s history and a significant milestone […]
APM Terminals and Hapag-Lloyd partner to drive future growth at Maasvlakte II
Hapag-Lloyd has signed an agreement with APM Terminals to acquire a 25 percent stake in APM Terminals Maasvlakte II B.V. The partnership is intended to support the terminal’s continued development, capacity expansion and operational performance, while reinforcing the importance of Maasvlakte II as a key European hub for the Gemini Cooperation between Hapag-Lloyd and A.P. […]
Santos reports strong first-half performance as Pikka begins production
Santos has reported a solid first-half performance for 2026, with the company entering a significant period of transition as the Pikka project commenced production and the Barossa project progressed through commissioning and ramp-up. The Australian energy company recorded first-half production of 45.6 million barrels of oil equivalent (mmboe), representing a 3 percent increase compared with […]
Temporary vapour recovery unit replacement can help prevent industrial downtime
Industrial processes across the energy, chemical and storage sectors can generate harmful gases and vapours that pose risks to the environment, workers and surrounding communities. Effective emissions control is therefore an important component of modern production and storage facilities, helping operators meet environmental regulations while maintaining safe working conditions. Stationary emission-control systems, including vapour recovery […]
Equinor joins Chevron in Namibia exploration licence
Equinor has agreed to acquire a 17.4 percent participating interest in Petroleum Exploration Licence 90 (PEL 90) in the Orange Basin offshore Namibia from Harmattan Energy Limited, a subsidiary of Chevron. The transaction marks Equinor’s entry into Namibia and gives the Norwegian energy company access to a drill-ready exploration prospect that is scheduled to be […]
Emerson to automate BP-operated Shah Deniz Compression project
Global automation technology company Emerson has secured a multi-million-dollar contract from BP to provide advanced automation technologies for the Shah Deniz Compression project offshore Azerbaijan. The contract builds on a long-standing relationship between the two companies. Emerson has previously served as the main automation contractor for BP’s Azeri Central East and Shah Deniz Stage 2 […]