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December 23, 2024

Vermilion Energy Inc. announces strategic deep basin acquisition- oil and gas 360

Vermilion Energy Inc. announces strategic deep basin acquisition

December 23, 2024

(Oil & Gas 360) – CALGARY, AB, Dec. 23, 2024 /CNW/ – Vermilion Energy Inc. (“Vermilion”, or the “Company”) (TSX: VET) (NYSE: VET) is pleased to announce it has entered into an arrangement agreement (the “Arrangement Agreement”) to acquire Westbrick Energy Ltd. (“Westbrick”), a privately held oil and gas company operating in the Deep Basin, for total consideration of $1.075 billion by way of a plan

Landbridge completes acquisition of 46,000 acres in Delaware basin- 360 oil and gas

Landbridge completes acquisition of 46,000 acres in Delaware basin

December 23, 2024

(World Oil) – LandBridge has closed its previously announced acquisition of approximately 46,000 largely contiguous surface acres, known as the Wolf Bone Ranch, in the Delaware Basin from a subsidiary of VTX Energy Partners, LLC, a Vitol investment. The Wolf Bone Ranch acquisition strategically expands LandBridge’s position in Reeves and Pecos Counties, Texas, an important region for both oil and natural gas production,

Will trump let Putin get Ukraine’s $26 trillion in gas and minerals?- oil and gas 360

Will trump let Putin get Ukraine’s $26 trillion in gas and minerals?

December 23, 2024

(Washington Post) – Donald Trump often says that liberating Iraq without getting its oil resources was one of America’s biggest foreign policy blunders. He has a chance to avoid a similar mistake in Ukraine. Ukraine is not only the breadbasket of Europe; it is also a mineral superpower with some of the largest reserves of 117 of the 120 the most widely used minerals in the world.

Geothermal energy could help power AI data centers- oil and gas 360

Geothermal energy could help power AI data centers

December 23, 2024

(World Oil) – Technology giants are partnering with geothermal start-ups as they seek to power their energy-intensive data centers with clean but reliable power sources. Several deals have been struck over the past year as Big Tech is looking to boast low-emission profiles of its energy use. The other 24/7 low-carbon energy comes from nuclear power generation, and deals have been

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