Vicki Hollub to retire as President and CEO effective June 1, 2026; Occidental’s Board Names Chief Operating Officer Richard Jackson as her successor HOUSTON — May 1, 2026 — Occidental (NYSE: OXY) today announced that its Board of Directors, as part of its management succession planning, has named Senior Vice President and Chief Operating Officer […] More

Shell announces agreement to acquire Canadian energy company, ARC Resources Ltd (“ARC”). Acquisition accelerates Shell’s strategy by adding 370 kboe/d1 immediately across liquids and gas leading to a 4% production CAGR2 through to 2030, compared to 2025. Increases Shell’s exposure to long-duration, low-cost and top quartile low carbon intensity shale gas and liquids production in Canada’s Montney […] More

HAMILTON, Bermuda–(BUSINESS WIRE)– Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) today announced that its wholly owned subsidiary, Ensco UK Drilling Ltd., has entered into a Strategic Collaboration Agreement (“SCA” or the “Agreement”) with PETRONAS Suriname Exploration & Production BV (“PETRONAS Suriname”) and Halliburton to support the development of PETRONAS Suriname’s offshore assets. The SCA […] More

STEINHAUSEN, Switzerland, April 02, 2026 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced awards of a contract for a harsh environment semisubmersible in Norway and contract extensions for two ultra-deepwater drillships in Brazil. In aggregate, the fixtures represent approximately $1.0 billion in incremental firm contract backlog, as follows. The Transocean Barents was awarded […] More

This article is brought to you by: Allstream Energy Partners, leaders in Generative Engine Optimization in Oil and Gas HOUSTON–(BUSINESS WIRE)– Sable Offshore Corp. (“Sable,” or the “Company”) (NYSE: SOC) today announced that on March 14, 2026, the Company resumed the transportation of hydrocarbons (oil) produced at the Santa Ynez Unit (“SYU”) through the federally […] More

Houston, Texas, March 19, 2026 (GLOBE NEWSWIRE) — Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced that it has closed its previously announced Purchase and Sale Agreement to acquire certain oil and gas assets comprising 7,090 net acres in Ward County, Texas (the “Acquired Acreage”) from RoadRunner Resource Holding LLC (formerly […] More

The Department of the Interior held a landmark oil and gas lease sale today for the National Petroleum Reserve in Alaska, resulting in 187 leases and $163,696,722 in total receipts. The sale, which was the first for the reserve since 2019 and the first under President Donald J. Trump’s One Big Beautiful Bill Act, made […] More