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Madbouly, Badawi Review Upstream Activities, Mining Development, Investment Plans for Coming Period

Egypt Oil & Gas

Prime Minister Mostafa Madbouly held a meeting to discuss various industry-related matters of significant importance with the Minister of Petroleum and Mineral Resources Karim Badawi, Minister of Finance Ahmed Kouchouk, and other Egyptian officials.

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African oil giants advance IPO plans to attract investment

Oil & Gas 360º

Chief Finance and Investor Relations Officer, Olugbenga Oluwaniyi, stated that the company is engaging with prospective investor relations executives and investment banks to facilitate the process. Similarly, Angola’s NOC Sonangol has reaffirmed its intention to proceed with an IPO, offering up to 30% of its shares to the public.

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Flotek acquires innovative mobile power generation assets and secures multi-year lease providing $160 million revenue backlog and immediate earnings accretion

Oil & Gas 360º

Financing Overview Consideration for the transactions totals $105 million comprised of the following (and as described more fully in Flotek’s April 28, 2025 Form 8-K filing with the Securities and Exchange Commission): $17.6 million funded by offsetting $17.6 ProFrac Holding Corp. SOURCE Flotek Industries, Inc.

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NGL Energy Sells $270M in Assets as Alliance Energy Acquires Propane Terminals in Strategic Expansion

Rextag

The deal was backed by a sustainability-linked term loan led by Breakwall Capital LP, with Sustainable Fitch providing a second-party opinion affirming the transactions alignment with global sustainable finance frameworks. We also look forward to the new employees joining our team from NGL.

Energy 52
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Oil Review Middle East - Untitled Article

Oil Review Middle East

Nasser, Aramcos president and CEO, noted that Aramco has made significant strides during the year on a number of projects and initiatives aimed at reinforcing its upstream pre-eminence, further integrating its downstream portfolio and developing the new energies business.

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Amplify Energy and Juniper Capital announce amendment to the merger agreement

Oil & Gas 360º

(NYSE: AMPY) (Amplify or the Company) today announced an amendment to the existing terms of its previously disclosed Agreement and Plan of Merger with Juniper Capitals (Juniper) upstream Rocky Mountain portfolio companies. PV-10 should not be considered in isolation or as a substitute for the standardized measure as defined under GAAP.As

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Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

billion in 2027 2029, before returning to sustaining expected capital of $0.8 HRT is directly connected to the Hardisty Diluent Recovery Unit, an innovative facility which separates diluent from raw bitumen prior to rail transportation, allowing for a competitive netback for upstream producers versus pipeline alternatives.

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