
SM Energy nears XCL Resources acquisition at $3bn valuation Â
SM Energy is in advanced discussions to acquire Utah-based oil producer XCL Resources, reported Bloomberg.Â

SM Energy is in advanced discussions to acquire Utah-based oil producer XCL Resources, reported Bloomberg.Â

US energy production outpaced consumption by nine quadrillion British thermal units in 2023, according to EIA analysis.

TotalEnergies has inked an agreement to acquire a 60% interest and operatorship in Block STP02, located offshore Sao Tome and Principe.

Russia and Iran and have entered into a memorandum of understanding (MoU) regarding the transfer of natural gas from Russia to IranÂ

Shell’s Canadian division has achieved the final investment decision (FID) for carbon capture and storage (CCS) projects in Canada. Â

Aramco has entered into a non-binding HoA with Sempra for the purchase of five million tonnes per annum of liquified natural gas (LNG). Â

TXO Partners has signed agreements to acquire oil and gas assets in the Greater Williston Basin, US, for a combined total cash considerations of $243m and 2.5 million TXO common units.

Israel has approved the export of more natural gas, with its partnes in the huge Leviathan gas field planning to expand production.

Russia’s oil and gas revenues are set to increase 50% in June as it continues to increase exports to China and India.