Industry News
Interior Generates over $163 million from National Petroleum Reserve in Alaska Oil and Gas Lease Sale
This article is brought to you by: K+B Industries, leaders in delivering premium threading and machining in the oil and gas industry. The Department of the Interior held a landmark oil and gas lease sale today for the National Petroleum Reserve in Alaska, resulting in...
Failure Prevention Associates Builds on Landmark 2025, Announces 2026 Industrial Reliability Training & Conference Roadmap
PEARLAND, TX – February 26, 2026 – As industrial organizations face mounting pressure to improve uptime amid a widening reliability skills gap, Failure Prevention Associates (FPA) is expanding its commitment to the reliability community with an enhanced 2026 training...
Altamira Experts To Present at the 2026 AMPP Conference + Expo on CUI & Pipeline Integrity of CO2 Pipelines
HOUSTON, TEXAS — March 12, 2026 — Altamira, a leading environmental and engineering consulting firm specializing in pipeline integrity, corrosion management and regulatory compliance for the energy sector, will present two technical papers at the 2026 AMPP Annual...
ExxonMobil Board unanimously recommends redomiciling the company from New Jersey to Texas
SPRING, Texas – Exxon Mobil Corporation today announced its Board of Directors has unanimously recommended shareholders approve changing the company’s legal domicile from New Jersey to Texas. The Board concluded that aligning ExxonMobil’s legal domicile with where its...
Kosmos Energy Announces Sale of Equatorial Guinea Production Assets to Panoro Energy for up to $219.5 Million
Optimizes portfolio, high grades capital allocation, lowers costs and enhances liquidity DALLAS--(BUSINESS WIRE)--Kosmos Energy (NYSE/LSE: KOS) (“Kosmos” or the “Company”) has entered into an agreement to sell its 40.375% non-operating working interest in the Ceiba...
$3 Billion Sell: Ovintiv Announces Agreement to Sell its Anadarko Assets
DENVER, Feb. 17, 2026 /CNW/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) ("Ovintiv" or the "Company") announced today that it has entered into a definitive agreement to sell its Anadarko assets, located in Oklahoma, to an undisclosed buyer, for cash proceeds of $3.0 billion....
SM Energy Company today announced agreement to sell certain South Texas assets to Caturus Energy, LLC for $950 million
Proceeds to accelerate deleveraging and strengthen balance sheet DENVER, Feb. 18, 2026 /PRNewswire/ -- SM Energy Company (NYSE: SM) today announced that it has entered into an agreement to sell certain South Texas assets to Caturus Energy, LLC for a cash purchase...
Select Water Solutions and LibertyStream Infrastructure Partners Announce Definitive Agreement to Build Out Commercial Lithium Carbonate Production Units in Texas
First 1,000 - Tonne Facility Slated for Commissioning by December 2026 Select Water Solutions and LibertyStream Infrastructure Partners Announce Definitive Agreement to Build Out Commercial Lithium Carbonate Production Units in Texas First 1,000-Tonne Facility Slated...
Register Now for NAPE Summit February 18-February 20, 2026 – Houston
NAPE SUMMIT — hosted annually every February at Houston’s George R. Brown Convention Center — creates an inclusive environment for all energy sources to establish strategic alliances for buying, selling and trading energy-producing properties and prospects....
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...