EQT has agreed to acquire Range Resources in an all-stock deal valued at approximately $12.83 billion, creating the largest US natural gas producer, with an enterprise value exceeding $50 billion ...

Amsons Group has acquired Geneva-based Oryx Energies’ downstream petroleum business in Tanzania for TSh30 billion (US$230 million). The deal includes bulk storage terminals, a retail service station ...

PTTEP MENA, a subsidiary of Thailand’s PTTEP, and Eni Abu Dhabi have established Seela Energies, a 50:50 joint venture, transferring their respective 10% participating interests in ADNOC-operated ...

Maharashtra Chief Minister Devendra Fadnavis announced plans to develop a chemical industry park spanning 2,500–5,000 acres near Vadhvan Port in Dahanu, Maharashtra, and urged the central government ...

Logan Energy Corp. has entered into a definitive arrangement agreement with Ovintiv Inc. and its wholly owned subsidiary, Ovintiv Canada ULC, under which Ovintiv Canada will acquire all issued and ...

Low water levels in the Rhine River are significantly disrupting fuel supplies in western Germany, particularly diesel, as barge capacity is constrained. By the week ending October 23, several ...

Spanish energy company Moeve and Portugal’s Galp have ended negotiations to combine parts of their downstream businesses after failing to agree on commercial terms. The proposal involved creating two ...

The European Bank for Reconstruction and Development (EBRD) is considering a loan of up to $105 million to Green Sky Capital Holdings for a $239 million sustainable aviation fuel (SAF) project at ...

McKinsey estimates Asia needs $1 trillion annually in energy investment over the next 15 years, as the region accounts for about 70% of global net energy demand growth through 2040. Coal is expected ...

Saudi Arabia has finalized a deal with Singapore to store crude oil in underground caverns at the Jurong Rock Caverns, beginning in the second half of 2027. This arrangement, involving a capacity of 1 ...

Trafigura has introduced Servara Global as the new name for its wholly owned infrastructure and logistics operations across sub-Saharan Africa and Latin America, replacing the Impala Terminals brand.

Sentinel Midstream’s Texas GulfLink crude export project has reached a new development milestone with the production of its first joint of line pipe, marking progress towards the construction of a ...