Oil & Gas News

TORONTO--(BUSINESS WIRE)--dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) (FRA: DMJ) (“dynaCERT” or the “Company”) applauds the recently announced changes of March 31, 2025, proposed for the Ontario Government Hydrogen Innovation Fund (the “HIF”) regarding the launch of a new and increased budget of $30 million with eligibility broadened to include broader sector applications. Foreseeable Future Economic Benefit: The announcement of the expansion of the HIF by the Ontario Government was made at dynaCERT’...

THE WOODLANDS, Texas--(BUSINESS WIRE)--Excelerate Energy, Inc. (NYSE: EE) (“Excelerate” or the “Company”) today announced the pricing of its previously announced underwritten registered public offering of 6,956,522 shares of Class A common stock at a public offering price per share of $26.50. The size of the offering increased from the previously announced $150,000,000 of shares of common stock to $184,347,833 of shares of the company’s common stock, which represents the gross proceeds of the o...

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Noble Rock Software today announced a strategic investment in Energy Worldnet ("EWN"), a leading provider of legally-mandated Operator Qualification ("OQ") SaaS solutions for the gas pipeline, utility, and telecommunications industries. The investment will enable EWN to accelerate growth, enhance product development, and strengthen its market leading position. Terms of the transaction were not disclosed. Founded in 1994, EWN delivers defensible OQ Program...

HOUSTON--(BUSINESS WIRE)--TG Natural Resources LLC (“TGNR”), a company indirectly owned by Tokyo Gas Co., Ltd. (“Tokyo Gas”) and Castleton Commodities International LLC (“CCI”), announced that it has closed on a transaction to acquire a 70% interest in the East Texas gas assets of Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (“Chevron”), for $525 million, with $75 million paid in cash and $450 million as a capital carry to fund Haynesville development, prior to customary adjustments...

HOUSTON--(BUSINESS WIRE)--Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (“Chevron”) (NYSE: CVX), announced that it has closed on a transaction to sell a 70% interest in its East Texas gas assets to an affiliate of TG Natural Resources LLC (“TGNR”), a company indirectly owned by Tokyo Gas Co., Ltd. (“Tokyo Gas”) and Castleton Commodities International LLC (“CCI”), for $525 million, with $75 million paid in cash and $450 million as a capital carry to fund Haynesville development. Chevr...

NEW YORK--(BUSINESS WIRE)--IONIC goes green with AZRA TECH ultra low friction & biocide-free hull coating....

HOUSTON--(BUSINESS WIRE)--Phillips 66 executive management will host a webcast on Friday, April. 25, 2025, to discuss the company’s first-quarter 2025 financial results....

AKRON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox Enterprises, Inc. ("B&W", "Babcock & Wilcox" or the "Company") announced results for the fourth quarter and full year 2024....

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Announces Two-Year Contract Award for Drillship VALARIS DS-10...

THE WOODLANDS, Texas--(BUSINESS WIRE)--Excelerate Energy, Inc. (NYSE: EE) (“Excelerate” or the “Company”) announced that it has commenced an underwritten public offering of $150 million of shares of its Class A common stock. In connection with this offering, the Company expects to grant the underwriters a 30-day option to purchase up to $22.5 million of additional shares of Class A common stock at the public offering price, less the underwriting discounts and commissions. The offering is subjec...