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March 5, 2024

Talos Energy adds deepwater assets to portfolio following completion of QuarterNorth Energy acquisition- oil and gas 360

Talos Energy adds deepwater assets to portfolio following completion of QuarterNorth Energy acquisition

March 5, 2024

World Oil (WO) – Talos Energy Inc. announced the completion of the acquisition of QuarterNorth Energy Inc. After completing the acquisition, Talos has approximately 183.0 million shares of common stock outstanding, including approximately 24.4 million shares issued to the QuarterNorth shareholders as consideration for the transaction. Additionally, Talos has appointed QuarterNorth’s designee, Joseph A. Mills, to the Talos Board of

Pine Cliff Energy Ltd: President's message to shareholders- oil and gas 360

Pine Cliff Energy Ltd: President’s message to shareholders

March 5, 2024

Oil and Gas 360 I hope everyone is doing well. Pine Cliff has been busy integrating our acquisition of Certus Oil and Gas, which closed on December 13th. We are pleased to report that the performance of these assets thus far has exceeded our expectations. Concurrently, we are managing the challenges posed by the unusually mild winter weather and its

Africa's richest person wants to create a trading firm of its biggest refinery- oil and gas 360

Africa’s richest person wants to create a trading firm for its biggest refinery

March 5, 2024

Oil Price Aliko Dangote, the owner of Africa’s largest refinery and Africa’s richest person, is looking to set up a trading firm that would handle crude supply for the new mega refinery in Nigeria, Reuters reported on Tuesday, citing multiple sources with knowledge of the plans. The Dangote Refinery in Nigeria, Africa’s biggest, began the production of fuels in January 2024, marking the

EXCLUSIVE-Vitol close to buying Exxon, QatarEnergy stakes in Italy LNG terminal, sources say- oil and gas 360

EXCLUSIVE-Vitol close to buying Exxon, QatarEnergy stakes in Italy LNG terminal, sources say

March 5, 2024

Nasdaq MILAN, March 5 (Reuters) – Vitol-backed energy storage company VTTI is close to acquiring a majority stake in Italy’s biggest liquefied natural gas import terminal from Exxon Mobil XOM.N and QatarEnergy, two sources with knowledge of the matter said on Monday. The deal, which sources previously said could value the entire terminal at about 800 million euros ($868 million), would give VTTI a role in

BAE Systems launches methane satellite on SpaceX rocket to monitor oil and gas emissions- oil and gas 360

BAE Systems launches methane satellite on SpaceX rocket to monitor oil and gas emissions

March 5, 2024

World Oil (WO) – BAE Systems and the Environmental Defense Fund (EDF) announced the successful launch of the MethaneSAT satellite from Vandenberg Space Force Base in California on March 4, 2024. The satellite will provide the public with reliable scientific data about the sources and scale of methane emissions globally, with the ultimate goal of driving reductions in the near

Biden's scaled-back power rule raises doubts over US climate target- oil and gas 360

Biden’s scaled-back power rule raises doubts over US climate target

March 5, 2024

Nasdaq The Biden administration’s decision to exclude the existing U.S. fleet of natural gas power plants from upcoming carbon emissions regulations raises questions over the nation’s ability to meet its climate goals, according to researchers. Cleaning up the U.S. power industry, source of about a quarter of the nation’s greenhouse gas emissions, has been a central plank of President Joe

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