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Navigating the M&A Landscape in 2025: Insights for Small to Mid-Sized Upstream Operators

Enverus

This dynamic environment presents both challenges and opportunities for small to mid-sized operators. Themes covered: Current M&A activity Challenges for small and mid-sized operators Where are the opportunities? As a result, smaller operators face growing challenges in accessing top-tier acreage.

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FedEx Commits to Carbon-Neutral Operations by Electrifying Delivery Fleet

NGT News

a company that provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services, has unveiled details of its goal to achieve carbon-neutral operations globally by 2040. The post FedEx Commits to Carbon-Neutral Operations by Electrifying Delivery Fleet appeared first on NGT News.

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TMP Logistics Orders Up to 500 QUANTRON Class 8 Trucks for U.S. Market

NGT News

German e-mobility specialist QUANTRON has signed a framework agreement with TMP Logistics Group Ltd. The vehicles, which will be operated via Quantron-as-a-Service (QaaS), are scheduled for delivery by 2024. for an order of up to 500 Class 8 trucks with FCEV drive system.

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Upstream Spending and Production Holds Steady in Canada

OilPrice

Based on a peer group of 20 Canadian shale E&Ps, full year spending dropped a mere 0.4%, with output guidance remaining intact. Oil sands operators mirrored a similar story, with the only notable change coming from Canadian Natural Resources (CNRL) as it trimmed its spending plans 1.6% with no impact to full-year volumes.

Upstream 246
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Orange EV’s New Electric Yard Truck Helps Haul Heavy-Duty Loads

NGT News

Orange EV, a zero-emission truck manufacturer in the United States, has released its new Model Year 2022 e-TRIEVER. The e-TRIEVER builds upon the T-Series’ foundation while meeting the needs of heavy-duty, goods movement operations.

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ENC Delivers E-Z Rider II Buses to Georgia Institute of Technology

NGT News

is delivering E-Z Rider II buses, equipped with a hybrid-electric powertrain, to the Georgia Institute of Technology. A total of nine buses will be in operation on the campus in Atlanta, Ga. The post ENC Delivers E-Z Rider II Buses to Georgia Institute of Technology appeared first on NGT News.

E&A 246
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Repsol Taps Halliburton to Support UK North Sea Operations

Rigzone

“The company will deliver a rigless intervention framework that enables Repsol Resources UK to optimize well construction, production, and intervention to maximize plug and abandonment operations”, Halliburton added. The contract also covers decommissioning. announced a deal to consolidate their UK North Sea assets.