Spain's Repsol is in talks to merge its UK North Sea oil and gas business with private equity-backed NEO Energy, three industry sources said, the latest consolidation
June 28, 2024
BP's new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor
June 27, 2024
Carlyle will form a new Mediterranean-focused oil and gas company led by former BP CEO Tony Hayward after the private equity fund agreed to acquire Energean's assets
June 20, 2024
Carlyle has appointed Goldman Sachs' former head of commodities research Jeff Currie to lead the private equity giant's energy transition analysis, it said on Tuesday.
February 27, 2024
Gabon's national oil company has agreed to acquire Carlyle's Assala Energy after it used its right to preempt the sale of the business for $1.3 billion to France's
February 16, 2024
Big Oil firms are handing shareholders more money than ever and are promising more going forward in an attempt to reassure investors of their discipline and resilience
February 07, 2024
Chevron is negotiating contracts to supply liquefied natural gas (LNG) into Europe for up to 15 years as buyers expect the region to rely on imports for longer than
November 02, 2023
The prospect of Exxon Mobil or Chevron buying European majors has receded after the two leading U.S. oil companies announced major acquisitions focused on the Americas
October 23, 2023
Shell and Exxon Mobil are nearing an agreement to sell their jointly-owned gas fields in the southern North Sea to independent British producer Viaro Energy, three
May 29, 2024
Chevron said it is set to launch the sale of its remaining UK North Sea oil and gas assets, in a move that would mark the U.S. energy giant's exit from the ageing basin
May 16, 2024
BP softened the language on its pledge to cut its 2030 oil and gas output in an effort to reassure
May 08, 2024
Shell reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian refining boosted oil trading and
May 02, 2024
Shell shareholders should vote against a resolution filed by a group of 27 investors urging the energy company to set tighter climate targets, proxy advisory Glass
May 01, 2024
British finance minister Jeremy Hunt said on Wednesday he would extend by one year a windfall levy on North Sea oil and gas firms' profits.
March 06, 2024
