
Maverick Natural Resources owner explores $3bn sale of oil and gas company
Maverick Natural Resources, a US-based oil and gas producer, is potentially on the market for nearly $3bn, including debt, reported Reuters.

Maverick Natural Resources, a US-based oil and gas producer, is potentially on the market for nearly $3bn, including debt, reported Reuters.

Valeura Energy has announced the commencement of oil production from its Nong Yao C development in the Gulf of Thailand.

As of 14 August, the UK’s Advertising Standards Authority (ASA) received 59 complaints alleging that the “ad is misleading”.

Brazos Midstream has announced the completion of a new gas processing facility and further expansion plans.

Nigeria and Equatorial Guinea have signed an agreement to build and operate a gas pipeline, reported Reuters.

Claroty’s Andrew Lintell discusses the growing cyber threat to the oil and gas sector, who’s behind attacks and what firms can do.

ExxonMobil has not disclosed how many of the 59 will be laid off or offered new opportunities at the company.

The IEA said on Tuesday that Chinese oil demand declined for the third consecutive month in June due to decreased industrial inputs.

As Iran pledges to retaliate over Israel’s killing of Hamas leader Ismail Haniyeh, the US looks to tighten Tehran’s financial resources.

Essar is planning to invest Rs30bn ($357.38m) to increase its coal bed methane (CBM) in India, reported the Economic Times.
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