Tag: Oil and Gas

Imperial Oil
Global

Imperial Senior Vice President, Sustainability, Commercial Development and Product Solutions to assume new role at Exxon Mobil Corporation

Press Release – January 10, 2025 – CALGARY, Alberta – Imperial (TSE: IMO, NYSE American: IMO) announced today that Sherri Evers, currently Senior Vice President, Sustainability, Commercial Development and Product Solutions for Imperial, will become North America Lubes General Manager for Exxon Mobil Corporation, effective March 1, 2025. “On behalf of Imperial, I would like to thank Sherri Evers for her contributions and strong leadership … Continue reading Imperial Senior Vice President, Sustainability, Commercial Development and Product Solutions to assume new role at Exxon Mobil Corporation

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Kosmos Energy
United States

Kosmos Energy Announces First Gas at the Greater Tortue Ahmeyim LNG Project in Mauritania and Senegal

Press Release – DALLAS – Kosmos Energy (NYSE/LSE: KOS) notes the announcement today from bp plc (operator) that first gas production has been achieved at the Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project offshore Mauritania and Senegal. On December 31, 2024, gas from the first phase of GTA started to flow from wells to the floating production storage and offloading (FPSO) vessel ahead of … Continue reading Kosmos Energy Announces First Gas at the Greater Tortue Ahmeyim LNG Project in Mauritania and Senegal

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Baker Hughes
United States

Baker Hughes Secures Liquefaction Equipment Order for Woodside Louisiana LNG

Press Release – December 30, 2024 Press Release – HOUSTON and LONDON, Dec. 30, 2024 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday an order from Bechtel Energy Inc. (Bechtel) to supply gas technology equipment for two liquefaction plants with a total capacity of approximately 11 MTPA for Phase 1 of Woodside Energy Group Ltd’s (ASX: WDS; NYSE: WDS) (Woodside) Louisiana LNG development opportunity. The order marks … Continue reading Baker Hughes Secures Liquefaction Equipment Order for Woodside Louisiana LNG

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vermilion energy
Global

Vermilion Energy Inc. Announces Strategic Deep Basin Acquisition

Press Release – Mon, 23 Dec 2024 CALGARY, AB, Dec. 23, 2024 /CNW/ – Vermilion Energy Inc. (“Vermilion”, or the “Company”) (TSX: VET) (NYSE: VET) is pleased to announce it has entered into an arrangement agreement (the “Arrangement Agreement”) to acquire Westbrick Energy Ltd. (“Westbrick”), a privately held oil and gas company operating in the Deep Basin, for total consideration of $1.075 billion by way of a plan of arrangement … Continue reading Vermilion Energy Inc. Announces Strategic Deep Basin Acquisition

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exxonmobil
United States

ExxonMobil announces plans to 2030 that build on its unique advantages

Expects to deliver growth potential of $20 billion in earnings and $30 billion in cash flow1 Key elements of ExxonMobil’s 2030 plan: Investing $27-$29 billion of cash capex in 2025 and $28-$33 billion annually in 2026-2030 to progress attractive long-term opportunities, with base planned capex roughly flat and reinvestment rate declining to 40% from 50% over the plan period5 Increasing Pioneer acquisition average annual synergies … Continue reading ExxonMobil announces plans to 2030 that build on its unique advantages

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DNOW INC
United States

DNOW Announces Acquisition of Trojan Rentals, LLC

Press Release – November 26, 2024 – HOUSTON – DNOW Inc. (NYSE: DNOW) announced it has completed its all-cash acquisition of Trojan Rentals, LLC (“Trojan”), a leading provider of pump rentals, automation technology and sales of layflat hose and other associated equipment to support customers’ water sourcing, transfer, recycling and treatment requirements. David Cherechinsky, President and CEO of DNOW noted, “Trojan’s reputation for a customer-first … Continue reading DNOW Announces Acquisition of Trojan Rentals, LLC

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conocophillips
United States

ConocoPhillips completes acquisition of Marathon Oil Corporation

Press Release – November 22, 2024 HOUSTON–(BUSINESS WIRE)–ConocoPhillips (NYSE: COP) today announced that it has completed its acquisition of Marathon Oil Corporation (NYSE: MRO). “This acquisition of Marathon Oil is a perfect fit for ConocoPhillips, adding to our deep, durable and diverse portfolio while meeting our strict financial framework”Post this “This acquisition of Marathon Oil is a perfect fit for ConocoPhillips, adding to our deep, … Continue reading ConocoPhillips completes acquisition of Marathon Oil Corporation

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New Fortress Energy
United States

New Fortress Energy Provides Update on its Initial FLNG Asset

October 25, 2024 – NEW YORK – New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) is pleased to announce that its initial Fast LNG unit has completed its third cargo loading today. The cargo has been loaded onto the BW Pavilion and is setting sail for NFE’s operation in Puerto Rico. The unit is producing at or above its nameplate capacity of 1.4 … Continue reading New Fortress Energy Provides Update on its Initial FLNG Asset

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