Industry News

Canada is projected to drill 5,709 wells in 2026, up 2.9% from 2025, according to the Canadian Association of Energy Contractors.Western Canada spudded 13,295 wells in 2025, with the Clearwater Formation alone accounting for roughly 18% of basin activity. (geoLOGIC,...

Equinor ASA (OSE:EQNR, NYSE:EQNR) today presents its strategy to deliver more energy, growing cash flow and superior returns. The 2026 share buy-back will be doubled to USD 3 billion, and Equinor introduces a more predictable framework for annual share buy-backs from...

Please see below information about transactions made under the second tranche of the 2026 share buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR, CEUX:EQNRO, TQEX:EQNRO). Date on which the buy-back tranche was announced: 6 May 2026. The duration of the buy-back...

FRISCO, TX, June 15, 2026 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE: CRK) announced today that it has sold a minority equity interest in Comstock's midstream subsidiary, Pinnacle Gas Services LLC ("Pinnacle"), to certain funds managed by Sixth Street, a...

TORONTO, June 15, 2026 (GLOBE NEWSWIRE) -- Gazexport Limited (“Gazexport” or the “Company”), a significant shareholder of Tethys Petroleum Limited (“Tethys”), today provided an update regarding the loss of the Akkulkovskoye oil field license in the Republic of...

PEKIN, Ill., June 15, 2026 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, announced that it has completed a sale transaction with a third-party corporate...

FREMONT, Calif., June 15, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced the appointment of Shanker Trivedi to its...

$120 million cash and stock acquisition is immediately and materially accretiveDiversifies NGS's customer mix while adding multiple new large customersStrategic acquisition deepens NGS’s operational footprint across the Permian Basin and Eagle FordSignificantly...

Company presentation BW Offshore is presenting at the BW Group Investor Meeting today. Please see the attached presentation. For further information, please contact:Ståle Andreassen, CFO, +47 91 71 86 55IR@bwoffshore.com   www.bwoffshore.com About BW Offshore: BW...

BW Opal achieves Interim Performance Test milestone BW Offshore is pleased to announce the successful completion of the Interim Performance Test (IPT) for the BW Opal FPSO, as part of the commissioning programme for the Santos-operated Barossa LNG project offshore...