Category: Oil & Gas

Enterprise Products Partners’ affiliates have executed an agreement to acquire a natural gas gathering affiliate from Occidental.

Western Midstream Partners (WES) has entered into a definitive agreement to acquire all outstanding shares of Aris Water Solutions in a transaction valued at approximately $1.5bn.

ADNOC Gas has announced a 16% year-on-year increase in net income to $1.38bn, the highest in the company’s history, and an 8% rise in EBITDA to $2.25bn in the second quarter of 2025.

Energy Transfer has reached a positive financial investment decision (FID) for the Transwestern Pipeline expansion.

TotalEnergies, through its affiliate Total Austral, has reached an agreement with YPF to sell its 45% interest in two unconventional oil and gas blocks in Argentina for $500m.

Frontera Energy has reached an agreement to sell its 50% working interest in the Perico and Espejo blocks in Ecuador.

Abadi LNG project has initiated front-end engineering and design (FEED) for its onshore LNG plant (OLNG) in Masela Block, Indonesia.

Asia is poised to dominate the global oil and gas trunk/transmission pipelines length additions, accounting for about 35% of the total upcoming length by 2030.

Hess Midstream has declared a significant share repurchase programme, involving the buyback of $100m in shares, including $30m of class B units from its sponsor, an affiliate of Chevron, and $70m of class A shares from the public.

Chevron and Valero Energy are reportedly in discussions to recommence the supply of Venezuelan crude oil to Valero’s US refineries.