Thursday, July 9, 2026
How Devon Energy missed out on the US oil and gas mega-deal wave- oil and gas 360

How Devon Energy missed out on the US oil and gas mega-deal wave

Yahoo Finance U.S. oil and gas producer Devon Energy has lost bids to acquire at least three of its peers in the last 12 months because its shares were spurned as acquisition currency, according to people familiar with the negotiations. Devon missed out on the sector’s dealmaking boom by losing to ConocoPhillips the $22 billion deal to acquire Marathon Oil,

TotalEnergies, APA Corporation, Staatsolie advance Block 58 project offshore Suriname- oil and gas 360

TotalEnergies, APA Corporation, Staatsolie advance Block 58 project offshore Suriname

World Oil Publisher’s Note: APA Corporation will be presenting at EnerCom Denver- The Energy Investment Conference, August 18-21, 2024. Register to attend.  (WO) – At the 2024 Suriname Energy Oil and Gas Summit, Javier Rielo, Senior Vice President Americas, Exploration & Production for TotalEnergies, and Annand Jagesar, CEO of Staatsolie Maatschappij Suriname N.V, the Suriname National Oil Company, announced several

Key OPEC+ ministers dismiss bearish market reaction to Output Plans- oil and gas 360

Key OPEC+ ministers dismiss bearish market reaction to output plans

Oil Price The energy ministers of heavyweight OPEC+ producers dismissed the bearish market reaction to the group’s latest oil production plan, saying that market participants and analysts will realize soon that the alliance did the right thing in communicating its intentions. While OPEC+ extended this weekend most oil output reductions into 2025, it said it could begin unwinding some voluntary cuts after

Canadian government’s support of domestic energy development highlighted at Energy NL’s Annual Conference & Exhibition 2024- oil and gas 360

Canadian government’s support of domestic energy development highlighted at Energy NL’s Annual Conference & Exhibition 2024

World Oil (WO) – The second day of the Energy NL Annual Conference & Exhibition 2024 got underway today with a morning address by the Honourable Seamus O’Regan Jr., Minister of Labour and Seniors, who outlined the Government of Canada’s efforts to support energy development, including amendments to the Atlantic Accord. Following Minister O’Regan, Gary Murray, President and CEO, Newfoundland

Foreign demand spikes for Saudi Aramco’s $12-billion share offering- oil and gas 360

Foreign demand spikes for Saudi Aramco’s $12-billion share offering

Oil Price The $12-billion secondary share offering of Saudi oil giant Aramco has drawn strong demand from foreign investors, sources with knowledge of the matter told Bloomberg on Thursday. Saudi Aramco launched on Sunday a secondary public offering of 1.545 billion shares of the company, representing approximately 0.64% of the company’s issued shares. Aramcos’s share offer sold out in hours after opening

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 98 Bcf

Natural Gas Inventories as of May 31, 2024 The EIA has released its natural gas inventory report, showing a net increase of 98 Bcf as of May 31, 2024. Working gas in storage was 2,893 Bcf as of Friday, May 31, 2024, according to EIA estimates. This represents a net increase of 98 Bcf from the previous week. Stocks were