NorthAmOil - North America Oil & Gas
Diversified to buy Maverick in $1.3bn Permian purchase
Diversified Energy has agreed to acquire private equity-owned Maverick Natural Resources for $1.275bn.
Chevron partners with Engine No. 1, GE Vernova to supply power to data centres
Chevron is partnering with Engine No. 1, as well as GE Vernova, to develop natural gas-fired power supplies for US-based data centres.
Venezuela's Citgo parent auction relaunches with new terms to boost bids
A Delaware court has approved fresh terms for the sale of Venezuela's PDV Holding, parent company of US refiner Citgo Petroleum, in a renewed effort to attract higher bids after creditors rejected an earlier offer last year.
Trump calls on OPEC to ramp up oil supply
"Right now the price is high enough that that war will continue," Trump said at Davos.
Increase in US LNG production will aid India, Petronet head says
India is set to benefit from a rise in US LNG production following Donald Trump’s return to the White House, Petronet’s chief executive officer Akshay Kumar Singh said in an earnings call.
Venture Global stumbles in debut on NYSE with $58bn valuation
Venture Global’s first day of trading on the New York Stock Exchange (NYSE) ended with a whimper, as the upstart LNG company closed trading on January 24 with a share price of $24.00.
DoE extends comment period on LNG study
The US Department of Energy will extend the comment period on the federal study of the economic, environmental and national security impacts of new LNG export permits from February 18 to March 20.
Trump guarantees Europe LNG supply from US
US President Donald Trump has promised Europe ample supply of LNG.
Bangladesh signs LNG deal with US-based Argent LNG
The government of Bangladesh has entered into a Heads of Agreement (HOA) with Louisiana-based Argent LNG for the purchase of up to 5mn tonnes of liquefied natural gas (LNG) annually over 20 years
Trump rapidly makes moves on energy
Returning US President Donald Trump has wasted no time in declaring a national energy emergency and introducing various measures related to the industry
Venture Global scales back IPO target by 41% amid investor hesitation
LNG producer Venture Global has scaled back the valuation it is seeking in its initial public offering (IPO) by about 41% after investors were hesitant in response to the company’s previous plans for the listing.
Infinity targets valuation of up to $12.4bn in IPO
Infinity Natural Resources is targeting a valuation of up to $1.24bn in its initial public offering.
Halliburton warns of flat to lower revenue in 2025
Oilfield services firm Halliburton has said it anticipates flat to slightly lower revenue in 2025, attributed in part to softer activity in North America and Mexico.
Trump says the United States could halt purchases of Venezuelan oil
US President Donald Trump has indicated that the US could halt oil purchases from Venezuela as part of efforts to weaken Maduro’s regime, declarin: “We don’t need it.”
SLB expects flat 2025 revenue despite beating fourth-quarter expectations
Oilfield services firm SLB posted revenue of $9.28bn for the fourth quarter of 2024, representing an increase of 3% year on year, but warned that it expected its revenue to be flat in both the first quarter of 2025 and over the whole year
India open to buying more oil and gas from US, minister says
India would welcome additional oil and gas supplies entering the market, particularly from the United States under President Donald Trump, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri stated
Latin America-focused energy company GeoPark gets B+ rating from Fitch for new bond issue
Oil and gas explorer GeoPark Ltd received a B+ rating from Fitch Ratings for its proposed benchmark-sized unsecured bonds, the ratings agency said on January 21.
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