Industry News
Chevron takes Final Investment Decision on Leviathan gas expansion
Project increases affordable, reliable gas for Israel, Egypt and Jordan HOUSTON, January 16, 2026 – Chevron Corporation (NYSE: CVX) by its subsidiary, Chevron Mediterranean Limited (CML), and the working interest owners of the Leviathan natural gas reservoir have...
$5.2B: Mitsubishi Corporation Announces Acquisition of Haynesville Shale Gas Business in Louisiana and Texas
Mitsubishi Corporation (“MC”) has agreed to acquire all equity interests in Aethon III LLC, Aethon United LP, and related entities and interests (collectively “Aethon”). This transaction marks MC’s entry into the U.S. shale gas business across the value chain, from...
Enhancing Digital Presence in Oil and Gas Industry with SEO: Insights from Allstream Energy Partners a Digital Marketing and SEO Agency in Houston
In today's digital era, having a strong online presence has become crucial for businesses across all industries, including Oil and Gas. To stand out in a highly competitive market, companies must effectively navigate the digital landscape and employ effective...
Transocean Ltd. Announces Contract Award and Extension Totaling $168 Million
This article is brought to you by: K+B Industries, leaders in machining premium threads kb STEINHAUSEN, Switzerland, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a contract award and an extension, respectively, for two...
U.S. to Control Venezuela Oil Exports
This article is brought to you by: K+B Industries, leaders in Premium Threading and Machining Washington plans to manage Venezuelan crude sales indefinitely as production struggles and foreign operators limit investment The United States will control Venezuela’s oil...
Chevron calls staff back to Venezuela as oil exports to US restart
This article is brought to you: K+B Industries, leaders in Premium Threading and Machining Move follows Maduro arrest as Chevron seeks operational continuity under US sanctions Chevron has begun calling employees back to Venezuela as crude oil exports to the United...
Petrobras Begins Oil Production from FPSO P-78 in the Búzios Field
This article is brought to you by: K+B Industries, leaders in Machining of Premium Threads Petrobras Begins Oil Production from FPSO P-78 in the Búzios Field Petrobras began oil production from the P-78 floating production, storage and offloading (FPSO) vessel in the...
INEOS Energy announces new Norphlet oil discovery in the Gulf of America
This article is brought to you by: State Service, leaders in Modular Fabrication for the Offshore Industry INEOS Energy (21% WI) has announced a new oil Norphlet discovery in the Gulf of America. The Shell (79% WI) operated well, Nashville, marks INEOS' first...
Fervo Energy Raises $462 Million Series E to Accelerate Geothermal Development and Meet Surging Energy Demand with Clean, Firm Power
Oversubscribed Series E Round Led by B Capital to Support Flagship Cape Station Development and Advance Delivery of 24/7 Carbon-Free Power at Scale HOUSTON, TX (December 10, 2025) — Fervo Energy, the leader in geothermal energy development, today announced the closing...
Seadrill Announces Contract Awards in the U.S. Gulf and Angola
This Event Reminder is Sponsored by: State Service, leaders in Modular Design and Fabrication for Oil and Gas HAMILTON, Bermuda--(BUSINESS WIRE)-- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) today announced contract awards for the West Neptune, Sevan...