Industry News
Guysons K+B Industries Wins ExxonMobil Guyana Partnership Excellence 2025 Award
Built in Guyana, Trusted Globally Georgetown, Guyana — Guysons K+B Industries is proud to announce that its team has been awarded the ExxonMobil Guyana Partnership Excellence 2025 Award, a distinguished honor recognizing exceptional collaboration, performance, and...
Expand Energy Announces Headquarters Relocation to Houston and Appointment of Michael Wichterich as Interim CEO
Headquarters relocation accelerates Company's strategy to connect its leading scale to growing markets Company reaffirms synergy, capital and operating outlook for the fourth quarter and full year 2025 Expand Energy Announces Headquarters Relocation and Leadership...
Altamira Awarded Process Safety Management Project for Major Texas-Based Energy Producer
Project expands Altamira’s long-standing PSM partnership in the Delaware Basin HOUSTON, TX — February 4, 2026 — Altamira, a leading U.S.-based engineering firm specializing in Air Quality, Environmental, Multidiscipline Engineering and Pipeline Integrity and...
Transocean to Acquire Valaris in $5.8 Merger Deal
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Noble Corporation plc Announces New Awards Totaling $1.3 Billion and Strategic Entry into the Norwegian Floater Market
HOUSTON, Jan. 26, 2026 /PRNewswire/ — Noble Corporation plc (NYSE: NE, “Noble,” or the “Company”) today announced new contract awards for nine rigs comprising approximately $1.3 billion of backlog, including a three-year contract for the harsh environment...
Devon Energy and Coterra Energy to Combine, Creating a Premier Shale Operator -Enterprise value now approximately $58 billion.
OKLAHOMA CITY and HOUSTON, Feb. 02, 2026 (GLOBE NEWSWIRE) — Devon Energy (“Devon”) (NYSE: DVN) and Coterra Energy (“Coterra”) (NYSE: CTRA) today announced the signing of a definitive agreement to merge in an all-stock transaction. The combination will create a leading...
Stockholders Resoundingly Approve SM Energy & Civitas Merger
DENVER, Jan. 27, 2026 /PRNewswire/ -- SM Energy Company (NYSE: SM) ("SM Energy") and Civitas Resources, Inc. ("Civitas") (NYSE: CIVI) today announced that the stockholders of both companies voted in favor of all proposals necessary for the closing of the companies'...
Vallourec and XGS Energy Partner to Accelerate Multi-Gigawatt Next-Generation Geothermal Project Pipeline Across Western U.S.
FLORENCE, ITALY – January 28, 2026 – Vallourec, a world leader in premium tubular solutions for the energy industry, and XGS Energy (“XGS”), a developer of next-generation geothermal systems, today announced a strategic supply chain partnership as XGS executes on a...
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...