Industry News
Sable Resumes Oil Flow as Ordered by the Federal DPA with Expected Gross Oil Rate of 50,000 Bbls/d and Expects First Sales by April 1, 2026
This article is brought to you by: Allstream Energy Partners, leaders in Generative Engine Optimization in Oil and Gas HOUSTON--(BUSINESS WIRE)-- Sable Offshore Corp. (“Sable,” or the “Company”) (NYSE: SOC) today announced that on March 14, 2026, the Company resumed...
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Battalion Oil Closes Acquisition of Sundown Assets, Expands Monument Draw Position
Houston, Texas, March 19, 2026 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, "Battalion" or the "Company") today announced that it has closed its previously announced Purchase and Sale Agreement to acquire certain oil and gas assets comprising...
Fervo Energy Secures $421 Million in Non-Recourse Project Financing for Cape Station
Financing establishes the bankability of Enhanced Geothermal Systems (EGS) and underscores the commercial maturity of Cape Station Coordinating Lead Arrangers include Barclays, BBVA, HSBC, MUFG, RBC, and Société Générale, with participation from Bank of America, J.P....
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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...