Positive Industry News and Events
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Expand Energy Announces Headquarters Relocation to Houston and Appointment of Michael Wichterich as Interim CEO
Headquarters relocation accelerates Company’s strategy to connect its leading scale to growing markets Company reaffirms synergy, capital and operating outlook for the fourth quarter and full year 2025 Expand Energy Announces Headquarters Relocation and Leadership Changes OKLAHOMA CITY, Feb. 09, 2026 (GLOBE NEWSWIRE) — Expand Energy Corporation (NASDAQ: EXE) (“Expand Energy” or the “Company”) today […] More
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Transocean to Acquire Valaris in $5.8 Merger Deal
Creates the World’s Highest-Quality, Highest-Specification Offshore Drilling Fleet Companies to Host Conference Call Today at 8 a.m. CT / 9 a.m. ET STEINHAUSEN, Switzerland and HAMILTON, Bermuda, Feb. 09, 2026 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) and Valaris Limited (NYSE: VAL) today announced the signing of a definitive agreement to combine the two companies […] More
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Noble Corporation plc Announces New Awards Totaling $1.3 Billion and Strategic Entry into the Norwegian Floater Market
HOUSTON, Jan. 26, 2026 /PRNewswire/ — Noble Corporation plc (NYSE: NE, “Noble,” or the “Company”) today announced new contract awards for nine rigs comprising approximately $1.3 billion of backlog, including a three-year contract for the harsh environment semisubmersible Noble GreatWhite, which will expand the Company’s existing Norway presence into the harsh environment floater market. “These […] More
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Stockholders Resoundingly Approve SM Energy & Civitas Merger
DENVER, Jan. 27, 2026 /PRNewswire/ — SM Energy Company (NYSE: SM) (“SM Energy”) and Civitas Resources, Inc. (“Civitas”) (NYSE: CIVI) today announced that the stockholders of both companies voted in favor of all proposals necessary for the closing of the companies’ previously announced all-stock merger. The merger is expected to close on January 30, 2026, […] More
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Vallourec and XGS Energy Partner to Accelerate Multi-Gigawatt Next-Generation Geothermal Project Pipeline Across Western U.S.
FLORENCE, ITALY – January 28, 2026 – Vallourec, a world leader in premium tubular solutions for the energy industry, and XGS Energy (“XGS”), a developer of next-generation geothermal systems, today announced a strategic supply chain partnership as XGS executes on a three gigawatt pipeline of commercial geothermal projects across the western United States. Securing the […] More
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Chevron takes Final Investment Decision on Leviathan gas expansion
Project increases affordable, reliable gas for Israel, Egypt and Jordan HOUSTON, January 16, 2026 – Chevron Corporation (NYSE: CVX) by its subsidiary, Chevron Mediterranean Limited (CML), and the working interest owners of the Leviathan natural gas reservoir have reached a Final Investment Decision (FID) to expand the production capacity of the strategic Leviathan production platform […] More
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Transocean Ltd. Announces Contract Award and Extension Totaling $168 Million
STEINHAUSEN, Switzerland, Jan. 05, 2026 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a contract award and an extension, respectively, for two of its drilling rigs. Together, the fixtures represent approximately $168 million of firm backlog. In Brazil, the Deepwater Mykonos was awarded a contract with bp. The estimated 302-day campaign is expected […] More
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U.S. to Control Venezuela Oil Exports
Washington plans to manage Venezuelan crude sales indefinitely as production struggles and foreign operators limit investment The United States will control Venezuela’s oil exports and the revenue generated from those sales indefinitely, U.S. Energy Secretary Chris Wright said Wednesday, outlining the clearest strategy yet for how Washington intends to manage the South American country’s most […] More
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Chevron calls staff back to Venezuela as oil exports to US restart
Chevron has begun calling employees back to Venezuela as crude oil exports to the United States resume, signaling an effort by the U.S. oil major to stabilize operations amid a rapidly shifting political and security landscape in the country. According to Reuters, Chevron requested that around 20 employees from its Venezuela division who had been […] More
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