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 After a tough second quarter for Halliburton, cutbacks in frac fleets and tighter spending is expected as the company anticipates a tough market for oilfield services.

Plains All American’s $3.75 billion asset sale gives the midstream firm plenty of options to expand. Analysts are awaiting its next move.

Producers Midstream is planning to boost capacity at its Delaware Basin natural gas facilities and add an acid gas injection well in Lea County, New Mexico.

Rising Phoenix Royalties has closed its divestment of royalty interest in a Denver-Julesburg (D-J) Basin asset in Weld County, Colorado, to an undisclosed buyer.

Construction is already underway for the estimated $900 million project near San Antonio.

The contract was awarded by the Northern Endurance Partnership, a joint venture company between BP, Equinor and TotalEnergies.

Amplify Energy has engaged TenOaks Energy Advisors to explore the sale of its properties in East Texas and Oklahoma. The announcement follows the resignation of Amplify’s CEO and broader management changes.

Quaise Energy’s drilling technology uses a gyrotron to melt rock without the use of downhole hardware, giving access to superhot rock of around 400 C.

Philly Shipyard, owned by Hanwha Ocean, landed a $250 million contract to construct a Jones Act-compliant LNG carrier as the Trump administration pushes to revive shipbuilding.

Looking at an expected rise in final investment decisions for offshore projects, SLB CEO sees long-term growth ahead for the sector.