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Plains to Sell Gulf Coast Gas Assets for $850 Million

2021-06-08 20:25:00| OGI

The Plains asset sale includes the Pine Prairie and Southern Pines energy centers, which were described as two of the highest performing natural gas storage facilities in the U.S.

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Malaysia's Hibiscus Petroleum Buys Repsol Assets for $213 Million, Enters Vietnam Market

2021-06-04 16:05:49| OGI

Malaysian E&P company Hibiscus Petroleum Bhd has acquired Spanish energy major Repsol Exploración, S.A.'s upstream assets in Malaysia and Vietnam for a cash consideration of $212.5 million, it said in a stock exchange filing on June 4.

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How Carbon Capture Technologies Work and Why They Just Might Save Your Assets

2021-06-02 17:00:00| OGI

Carbon capture may be the optimal solution for an oil and gas industry striving to meet the dual demands of higher energy production and elimination of the CO2 emissions that come with it.

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Savannah Energy in Talks to Buy Exxons Stake in Chad, Cameroon Assets

2021-06-02 15:48:37| OGI

The British oil and gas producer is proposing to buy a 40% operated interest in the Doba oil project in Chad and a 40% interest in the Chad-Cameroon oil transportation pipeline.

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Diversified Raids Blackbeards Barnett Assets in $180 Million Deal

2021-06-01 16:00:00| OGI

The deal, along with a May acquisition Louisiana, brings Diversifieds acreage in the region to about 300,000 net acres.

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