August 29, 2025 - Oil & Gas 360

Exclusive: Parex Resources at EnerCom Denver – The Energy Investment Conference 2025

August 29, 2025

(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technology Series presenter replays for a limited time. With over 10 years of experience, Parex is now the largest independent exploration and production company in Colombia. We are focused on delivering sustainable, conventional oil and gas production and

Exclusive: Providence Energy at EnerCom Denver – The Energy Investment Conference 2025

August 29, 2025

(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technology Series presenter replays for a limited time. Providence is a privately held energy investment and management company formed in 1993 and based in Dallas, Texas. Over the past 32 years Providence has acquired and managed upstream oil

Exclusive: Prairie Operating at EnerCom Denver – The Energy Investment Conference 2025

August 29, 2025

(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technology Series presenter replays for a limited time. Prairie Operating Co. is a Houston-based publicly traded independent energy company engaged in the development and acquisition of oil and natural gas resources in the United States. The Company’s assets

Exclusive: Meren Energy at EnerCom Denver – The Energy Investment Conference 2025

August 29, 2025

(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technology Series presenter replays for a limited time. Meren is a leading independent, full-cycle E&P with production and development assets in deepwater Nigeria, a leading carried position in the Orange Basin across Namibia and South Africa, and operated

Strathcona seeks to block $5.7 billion Cenovus deal to buy MEG Energy

August 29, 2025

(Oil Price)– Previously rejected MEG Energy bidder Strathcona Resources intends to buy an additional 5% stake in MEG and vote these shares and the existing 9.2% stake against the Cenovus acquisition offer for MEG, as the latest major Canadian deal faces hurdles towards completion. Last week, Cenovus Energy announced it has entered into a definitive arrangement agreement to acquire MEG Energy Corp

U.S. rig count increased by 7, is at 580- oil and gas 360

U.S. rig count decreased by 2 is at 536

August 29, 2025

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 2 last week, resulting in a total count of 536 rigs. Canada had a decrease of 5 over last week, resulting in a total Canadian count of 175 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Arkoma Woodford and the Cana Woodford regions experienced

Oil industry gains ground in California regulatory battle

August 29, 2025

(Oil Price) – In a rare win for the oil and gas industry in California, the state’s regulators are expected to delay the enforcement of a cap of refinery profits, Bloomberg reports, citing sources with knowledge of the plans. The California regulator, the California Energy Commission, plans to vote on Friday a five-year delay to the so-called refinery profit cap, passed in

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