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Whitecap and Veren Finalize $10.4B Merger, Create Top-7 Canadian Oil & Gas Producer

Rextag

The merger creates a new heavyweight in Canadian energy, ranking as the seventh-largest oil and gas producer and the fifth-largest natural gas producer in the country by output. Meanwhile, a new LNG terminal in British Columbia is set to boost natural gas demand. In March, Synergy Land Services Ltd.

Gas
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Equinor Files Development Plan for Fram South in Norwegian North Sea

Rigzone

Fram West and Fram East started production 2003 and 2006 respectively. "We have done a thorough job maturing the new resources discovered in the Fram and Troll area in recent years”, Kjetil Hove, Equinor executive vice president for Norwegian exploration and production, said in an online statement. Both are tied back to Troll C.

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Petrovietnam, JV Partners Sign PSC for Vietnam Block

Rigzone

Image by pavalena via iStock Vietnam Oil and Gas Group (Petrovietnam) and its joint venture partners have signed a product sharing contract (PSC) for Block 15-1 on the southern continental shelf of Vietnam. percent, Korea National Oil Corporation (KNOC) holds 11.4 percent, SK Group holds 7.2 percent, and Geopetrol holds 2.6

BCF
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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

percent for 2028 to 2030, based on ETS directive, “Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a M9 system for the greenhouse gas emission allowance trading within the M9 Union and amending Council Directive 96/61/EC,” European Union, March 1, 2024. 3 Assuming a 4.3

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CNOOC Announces Seventh Upstream Startup in Chinese Waters This Year

Rigzone

Brent Crude $66.90 +0.65% Natural Gas $3.69 -2.62% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS CNOOC Announces Seventh Upstream Startup in Chinese Waters This Year by Jov Onsat | Rigzone Staff | Monday, June 09, 2025 | 3:37 AM EST Weizhou 5-3 is expected to reach a peak output of about 10,000 bpd next year.

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Equinor, Shell Unveil Name of UK North Sea JV

Rigzone

percent operating stake in Nelson, which started production 1994; a 50 percent operating stake in Penguins, which started production 2003; a 92.52 Shell will contribute its 27.97 percent operating stake in Pierce, which started production 1999; a 44.9 percent stake in BP-operated Schiehallion, which started production 1998; a 55.5

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Great British Energy Gets Permanent CEO

Rigzone

O’Grady was general secretary for the TUC between 2013 and 2022, as well as former deputy general secretary from 2003, a bio section included in the statement noted, adding that O’Grady is a member of the House of Lords and has previously held positions at the Transport and General Workers Union.