news articles

We only showcase the most current posts on our website. To explore our previous posts, please connect with us on LinkedIn, where you'll find our complete archive of content.

Nov 251 min read

ConocoPhillips closes $22.5 billion deal for Marathon Oil

U.S. shale oil producer ConocoPhillips (COP.N), said on Friday it has completed the $22.5 billion deal to acquire smaller peer Marathon...

Nov 221 min read

Data-center reliance on fossil fuels may delay clean-energy transition

A spike in electricity demand from the world's big data providers is raising a worrying possibility for the world's climate: a near-term...

Nov 201 min read

LandBridge Expands in Southern Delaware Basin with $245MM Acquisition

LandBridge is acquiring approximately 46,000 largely contiguous surface acres in the Wolf Bone Ranch from a subsidiary of Vitol-backed...

Nov 181 min read

European oil giants step back from renewables path

Almost five years ago, BP (BP.L), opens new tab embarked on an ambitious attempt to transform itself from an oil company into a...

Nov 151 min read

Malaysian Billionaire Ananda Krishnan’s Bumi Armada In Merger Talks With MISC OffShore

Bumi Armada —an oil field services company backed by Malaysian tycoon Ananda Krishan —is exploring a potential merger with state-owned...

Nov 131 min read

ExxonMobil to Sell Older Permian Assets to Hilcorp in $1B Deal

Exxon Mobil Corp. has reached an agreement to sell its conventional oil drilling assets in the Permian Basin of Texas and New Mexico to...

Nov 111 min read

Abu Dhabi Works With Microsoft on AI Push Into Energy Industry

Abu Dhabi National Oil Co. will for the first time use agentic AI — developed by AIQ in collaboration with Microsoft Corp. and G42 — to...

Nov 81 min read

Oil bosses have big hopes for the AI boom

This week 180,000 people descended on Abu Dhabi to attend adipec, the global oil-and-gas industry’s biggest annual gathering. This year’s...