
Vitol weighs $3bn sale of US shale producer VTX Energy Partners
Global commodities trader Vitol is considering the sale of its VTX Energy Partners division, a US shale oil and gas producer.

Global commodities trader Vitol is considering the sale of its VTX Energy Partners division, a US shale oil and gas producer.

Glenfarne Alaska LNG, an affiliate of Glenfarne Group, has become the majority owner and lead developer of the Alaska LNG project, the only federally permitted LNG export project on the US Pacific Coast.

NEO Energy has announced a strategic merger with Repsol Resources UK, with the combined group forming a new entity named NEO NEXT Energy.

Excelerate Energy has announced a definitive agreement to acquire New Fortress Energy’s downstream LNG and power infrastructure business in Jamaica for $1.06bn in cash.

DNO, a Norwegian oil and gas operator, has reported oil and gas discovery in the northern North Sea license PL1182 S, where it holds a 40% operated interest.

LN Energy has agreed to acquire the entire outstanding issued share capital of LNEnergy S.r.l., the Italian company holding a 90% interest in the Colle Santo gas field in Italy’s Abruzzo region.

McDermott has been selected by Shell Global Solutions International for an Enterprise Framework Agreement (EFA) covering engineering and procurement services.

Baker Hughes has announced a multi-year contract with Dubai Petroleum Establishment (DPE), on behalf of Dubai Supply Authority (DUSUP), to deliver integrated coiled-tubing drilling services for the Margham Gas storage project in Duabi.

US to introduce new tariffs on vehicle imports, as Trump’s trade wars continue.

A fuel station supplier has filed a lawsuit against Trive Capital and two of its portfolio companies in federal court in Iowa claiming that the companies restricted competition in the US Midwest for gas pump distribution and servicing, which led to increased fuel prices.