Northern Oil and Gas (NOG) said pre-market Tuesday that it agreed to acquire a 25% interest in oil-producing properties and tens of thousands of acres in the Duvernay shale basin in Alberta from Parallax Energy Operating for C$350M (~US$259M) in cash and stock.

Oracle is partnering with the Well Done Foundation to assess and cap orphaned wells in New Mexico, addressing methane emissions and environmental risks.

Buyout shops are finding a rare exit opportunity in the US oil patch. US private equity firms are shopping more than half-dozen closely held oil and gas companies in Texas, Colorado and elsewhere that together are worth about $20 billion,

Discover the crucial exploration and production stages in upstream oil and gas. Understand how drilling and extraction are distinct from downstream operations.

European Union officials say that Europeans can expect oil and gas prices to remain above what they were before the Iran war for at least until the end of 2027.

Iranian hackers have posed as job recruiters to target software engineers in the aviation sector as part of an elaborate espionage scheme during the US and Israeli war with Iran, cybersecurity researchers told CNN on Friday.

The results show oil and gas companies are scooping up leases, though they have largely spurned calls to ramp up drilling.

Facing limited options, oil industry turns to AI to handle wastewater from oil production. Producers discovered other uses to streamline the process.

How High Can Oil And Gas Prices Go? “Our base case assumed that an unprecedented disruption would remain improbable. That assumption failed,” Natasha Kaneva, head of global commodities research at JPMorgan Chase, told clients in a recent note.