Equinor to Acquire Sval Energi’s Stake in the Halten East Project
Equinor now holds 69.5% ownership in the development, which consists of six gas discoveries and three prospects.
Wind Energy Developer Ørsted Sees Profit Rise, US Challenges Remain
Danish wind company Ørsted reported a 4% increase in earnings and fewer impairments compared to a year ago but faced challenges with U.S. wind.
E&P Highlights: Nov. 4, 2024
Here’s a roundup of the latest E&P headlines, including a major development in Brazil coming online and a large contract in Saudi Arabia.
Energy Transition in Motion (Week of Nov. 1, 2024)
Here is a look at some of this week’s renewable energy news, including progress on the largest U.S. offshore wind project being developed.
Drilling Tools International to Buy UK’s Titan Tools Services
Drilling Tools International said the acquisition of U.K.-based Titan will enhance its market presence in the North Sea, Europe and Africa.
EQT Sells Remaining Pennsylvania Non-op Assets to Equinor for $1.25B
EQT’s Northeast Pennsylvania divestiture to Equinor is the second deal between the two companies this year following a large swap of Marcellus assets in April.
WoodMac: $3.5 Trillion Needed Annually to Hit Net Zero Targets
Higher demand for oil, gas and coal will delay peak emissions past 2030 and push the world beyond Wood Mackenzie’s base transition case and closer to a 3 C pathway, the consultancy said in a new report.
Asia, EU Buyers Warming Up to US Shale M&A Again—Jefferies
Foreign asset buyers are considering U.S. upstream M&A to lower their LNG supply costs and avoid windfall taxes on European operations, Jefferies Managing Director Bill Marko says.
Energy Transition in Motion (Week of Oct. 25, 2024)
Here is a look at some of this week’s renewable energy news, including a U.S. Geological Survey-led study pointing to massive estimated lithium reserves in the Arkansas Smackover.
Dividends Declared the Week of Oct. 21
With third-quarter 2024 earnings underway, here is a compilation of dividends declared from select midstream and service and supply companies in the week of Oct. 21.