Market Reports
Petrobras achieves second highest profit in history in 2023: R$ 124.6 billion
Petrobras posted R$ 124.6 billion net income in 2023. This is the second highest amount in the company’s history and...
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TotalEnergies expands its presence in the Orange Basin with a new offshore Exploration license
TotalEnergies has signed, together with its partner QatarEnergy, an agreement to acquire participating interests in Block 3B/4B, offshore South Africa,...
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NOG expands Permian presence, enters Ohio Utica shale with $170 million acquisitions
Northern Oil and Gas, Inc has entered into a definitive agreement with a private party to acquire non-operated interests across...
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Aramco to enter global LNG business by acquiring stake in MidOcean Energy
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority...
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Vital Energy acquires oil production assets in Permian basin for $128 million
Vital Energy, Inc. has acquired assets in the Midland Basin, part of the greater Permian basin, from Driftwood Energy Operating...
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INPEX sells Eagle Ford tight oil production and development assets to Repsol
INPEX Corporation has sold its Eagle Ford assets to Repsol Oil & Gas USA, a subsidiary of Spanish energy company...
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Matador Resources acquires Delaware basin assets for $1.6 billion
Consolidation in the Texas oil patch is gaining momentum this week after Matador Resources Co. agreed to acquire Advance Energy...
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Funding For Oil And Gas Industry Is Evolving Dramatically
Private U.S. oil and gas producers are looking at a rising market for alternative funding as banks have stopped supporting...
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Marathon Oil Completes Eagle Ford Acquisition
Marathon Oil Corporation announced the completion of its acquisition of the Eagle Ford assets of Ensign Natural Resources for a...
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Fresh Gas Supply Need Is Created By Australian Energy Crisis
According to a report, Australia's ongoing energy crisis has increased price controls by 400% to AU$40 per gigajoule, necessitating the...
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