Finance
Flowserve completes $490 million acquisition of Trillium valves business
(World Oil) – Flowserve has completed its $490 million all-cash acquisition of Trillium Flow Technologies’ Valves Division (TVD), expanding its portfolio of engineered flow-control products and services for global energy and industrial markets. The acquisition adds Trillium’s portfolio of mission-critical valves, actuators and flow-control equipment, strengthening
Exclusive-US bank floats plan to repay US investors via Lukoil asset sale, sources say
(Investing) – LONDON – U.S. investment bank Xtellus Partners has proposed to the U.S. Treasury that proceeds from the sale of Lukoil’s foreign assets be used to repay American investors who lost money when Russia’s war in Ukraine froze their Lukoil stock holdings, sources said.
Aggressive activist investor is gunning for Phillips 66
(Oil Price) – Elliott Investment Management is at it again, this time sinking its teeth into U.S. refiner Phillips 66 with a $2.5 billion stake and a laundry list of demands. The aggressive activist investor—best known for shaking up boardrooms and strong-arming CEOs into “unlocking
Valuation dashboards: Unlock Oil & Gas 360® Premium- FREE for a couple more days!
(Oil & Gas 360) – EnerCom, Inc., a leading energy communications and consulting firm, has expanded its Oil & Gas 360® Premium subscription service, offering energy investors and industry professionals access to deeper analytics, valuation tools, and market intelligence designed to support better, faster
Register to attend EnerCom Denver August 17–19, 2026, in Denver, Colorado
(Oil & Gas 360) – Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference, featuring a broad group of public and private energy companies Limited presentation openings are available for E&P, Midstream, OFS, Energy Transition, and Emerging Technology companies Sponsorship opportunities
Stalled US permits threaten $121 billion in wind and solar investment, report shows
(Investing) – Trump administration policies that have stalled permits for renewable energy projects are putting more than $121 billion of investment at risk and slowing development of wind, solar and storage capacity needed to meet rising power demand, according to a report published on Monday.
UBS cuts 2026-27 oil price forecasts as Hormuz flows recover
(Investing) – UBS has lowered its oil price forecasts for 2026 and 2027 amid a faster-than-expected recovery in flows through the Strait of Hormuz following an interim U.S.-Iran memorandum of understanding (MoU) signed on June 17. The bank now expects Brent to average $84 a barrel in
Energy Market Assessment: The fracking revolution working here & freedom growing over there
(Oil & Gas 360) – The Fracking Revolution Working Here & Freedom Growing Over There Have UP The Direction We Head With Prosperity Production Growing Here. Employment Increasing and it more than expected confirms prosperity producing growth the direction we head. Establishments increasing employment 172,000
