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Hornbeck Offshore wins deepwater service contracts with Shell in US Gulf
US-based Hornbeck Offshore Services has signed several agreements with Shell Offshore.
Select Water Solutions completes $700mn Pilot Water acquisition in Permian Basin
Select Water Solutions has completed its purchase of Pilot Water Solutions, a privately held water midstream operator focused on the Delaware Basin.
Permian Basin boom drives Accel Compression growth in US
Accel Compression expects 2026 to be its sixth successive record year, driven by Permian Basin activity.
South Korea's Honam chip cluster faces heat supply shortfall
South Korea's planned semiconductor cluster in the southwestern Honam region will get less than half the heat its factories need from the two gas-fired plants the government intends to build.
EagleRock announces Midland Basin acreage dedications, bolt-on acquisitions
EagleRock Land has signed an agreement under which Double Eagle V will dedicate about 35,000 more acres in the Midland Basin to it.
CVR Energy to buy two Marathon refineries for $4.2bn
CVR Energy has signed a definitive agreement to buy two US refineries and a linked fuel marketing network from subsidiaries of Marathon Petroleum.
China centralises overseas mining push to control minerals
China is directing state-linked companies to acquire larger stakes in foreign mines, aiming to tighten its control over metals used in electric vehicles, semiconductors and jet engines.
Williams' US pipeline earnings rise 6% in third quarter
Williams (NYSE: WMB) said in a November 2 statement that its third-quarter adjusted EBITDA rose 6% year on year to $2.039bn.
Valero to buy, restart LyondellBasell refinery in Texas
Valero Energy plans to bring a former refining complex on the Houston Ship Channel back into service after agreeing to buy it from LyondellBasell for $320.5mn, the US refiner said in an October 29 statement.
Topsoe licenses SAF technology to BPCL's Mumbai refinery
Topsoe will license its kerosene hydrotreating technology to Bharat Petroleum Corporation Limited (NSE: BPCL) so the Indian refiner can produce sustainable aviation fuel (SAF) at its Mumbai Refinery.
Bangladesh targets 5,000 MW of solar power before next summer
Bangladesh plans to bring 5,000 megawatts (MW) of solar generation online before next summer, the country's energy minister said.
US expands Cuba sanctions to eight companies and five vessels
Interruptions to piped water services affected 2.68mn people across Cuba, with electricity shortages accounting for two-thirds of the disruption, President Miguel Díaz-Canel said on November 4
Cuba water crisis affects 2.7mn as power shortages disrupt supply
Interruptions to piped water services affected 2.68mn people across Cuba, with electricity shortages accounting for two-thirds of the disruption, President Miguel Díaz-Canel said on November 4
Kabul factory owners press utility for steady electricity supply
Factory owners in Kabul have asked Afghanistan's power utility for an uninterrupted electricity supply and prior warning of outages.
Taiwan's HD Renewable Energy unveils TWD744mn share buyback
Taiwanese renewable energy group HD Renewable Energy (6873) will buy back up to 8mn of its own shares, its board decided on November 5.
Venezuela targets 3mn bpd by 2037
Venezuela expects to raise crude production to nearly 3mn barrels per day (bpd) by 2037, under a recovery plan requiring almost $76bn in investment over the next five years, Acting President Delcy Rodríguez said
Brazil approves Saipem-Subsea7 merger despite oil companies’ opposition
Brazil’s Administrative Council for Economic Defence (CADE) has approved the merger between Italian engineering group Saipem and offshore services provider Subsea7.
Vietnam nears final decision on Block B gas project
Block B of Vietnam's O Mon gas project is set to receive a final investment decision in July. Southwest Pipeline Operating Company, a unit of state-owned Vietnam Oil and Gas Group (PetroVietnam), made the announcement in May.
Blackstone, Canadian pension funds to buy into LNG Canada via stake in Mitsubishi subsidiary
Funds managed by Blackstone Credit & Insurance have joined forces with four Canadian institutional investors to acquire a stake in the LNG Canada project.
Energy industry weighs up what to expect following Democrat victories in Texas, US more broadly
Democrat victories this week have various implications for the energy industry across the US, as well as in states such as Texas.
MOL receives US licence for preparatory transactions in NIS takeover
MOL has received an additional licence from the US Treasury allowing it to carry out preparatory transactions related to its planned acquisition of a majority stake in Serbian oil company NIS.
Lithuania considers windfall tax as Orlen warns €500mn refinery investment is at risk
Hungary expects MOL-NIS deal by December 11, foreign minister says
Hungary expects negotiations on the acquisition of Russia's stake in Serbian oil company NIS by Hungarian energy group MOL to be completed by December 11.
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