Industry News
BW LPG Enters Into $940M Agreement for Eight 90’cbm Panamax Newbuildings with Hyundai Heavy Industries
This article is brought to you by: State Service, leaders in modular design and fabrication in Ingleside. SINGAPORE--(BUSINESS WIRE)--BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code: “BWLPG.OL”), the world’s leading owner and operator of LPG vessels,...
What Is Pipeline Pigging and How Does It Work? Insights from Inline Services
Pipeline pigging is a critical maintenance process used to clean, inspect, and maintain pipelines without interrupting product flow. If you’re asking what is pigging, it refers to inserting a device, called a pig, into a pipeline to remove debris, separate products,...
$1Billion Expansion: Matador Resources Company Announces Successful Acquisitions in Federal Lease Sale
This event reminder is sponsored by: K+B Industries, leaders in machining premium threads DALLAS--(BUSINESS WIRE)--May 21, 2026-- Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) announces the successful bolt-on acquisition of 5,154 net undeveloped...
$1.2Billion Deal: Diversified and Carlyle Partner to Acquire Assets from Camino Natural Resources
May 06, 2026 4:15 PM EDT Bolt-On to a Contiguous Operating Position that Contains Meaningful Identified Synergies and Potential Upside from Large Undeveloped Location Inventory Innovative Asset-Backed Securitization (ABS) with Carlyle to Fund Purchase through Newly...
Sentinel Midstream Advances Texas GulfLink Deepwater Port
Marks Historic Milestone for U.S. Energy Export Infrastructure under the U.S.-Japan Trade Deal DALLAS, TX – May 5, 2026 – Sentinel Midstream LLC (Sentinel) today announced the commencement of its Texas GulfLink deepwater port (Texas GulfLink or the Project), marking a...
Chevron consolidates Venezuela heavy oil position in asset swap
HOUSTON, April 13 ,2026 — Chevron Corporation (NYSE:CVX) announced today it has, through its subsidiaries with interests in Venezuela, agreed to an asset swap with Petroleos de Venezuela, S. A. (“PDVSA”) and subsidiaries of PDVSA in a mutually beneficial agreement...
Occidental Announces CEO Succession Vicki Hollub to retire as President and CEO effective June 1, 2026
This article is brought to you by: Vicki Hollub to retire as President and CEO effective June 1, 2026; Occidental’s Board Names Chief Operating Officer Richard Jackson as her successor HOUSTON — May 1, 2026 — Occidental (NYSE: OXY) today announced that its Board of...
$16.4 Billion Deal: Shell announces agreement to acquire Canadian energy company, ARC Resources Ltd (“ARC”).
This article is brought to you by: K&B Industries, leaders in delivering premium threading, machining & turnkey manufacturing solutions. Shell announces agreement to acquire Canadian energy company, ARC Resources Ltd (“ARC”). Acquisition accelerates Shell’s...
Occidental Announces Gulf of America Oil Discovery at Bandit
Occidental and its co-owners are evaluating results to determine next steps HOUSTON, April 09, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced an oil discovery at the Bandit prospect in the Gulf of America, about 125 miles south of the Louisiana coast....
Offshore News Suriname : Valaris Enters Strategic Collaboration Agreement
This article is brought to you by: K+B Industries, delivering premium threading, machining, and turnkey manufacturing solutions. HAMILTON, Bermuda--(BUSINESS WIRE)-- Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) today announced that its wholly owned...