Press Releases

OKLAHOMA CITY and HOUSTON, Feb. 02, 2026 (GLOBE NEWSWIRE) — Devon Energy (“Devon”) (NYSE: DVN) and Coterra Energy (“Coterra”) (NYSE: CTRA) today announced the signing of a definitive agreement to merge in an all-stock transaction. The combination will create a leading large-cap shale operator with a high-quality asset base anchored by a premier position in …

Devon Energy and Coterra Energy to Combine, Creating a Premier Shale Operator Read More »

Reported earnings of $2.8 billion; adjusted earnings of $3.0 billion Cash flow from operations of $10.8 billion; adjusted free cash flow of $4.2 billion Increased 2025 worldwide and U.S. production by 12 and 16 percent to record levels Reserve replacement ratio of 158 percent in 2025 Announces a 4 percent increase in quarterly dividend to …

Chevron Reports Fourth Quarter 2025 Results Read More »

Infusion of fresh capital and international buyers sharpens competition CALGARY, Alberta (January 28, 2026) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its summary of 4Q2025 U.S. upstream M&A activity and full-year analysis. After a midyear slowdown, U.S. upstream M&A …

4Q25 U.S. Oil and Gas M&A Climbs to $23.5 Billion, 2025 Peaks at $65 Billion Read More »

The latest IEA’s Monthly Gas Statistics report including October 2025 data shows that for Total OECD: Production of natural gas increased by 2.6% compared to October 2024. Imports (entries)1 of natural gas were 8.4% higher on a year-on-year basis, and total OECD exports (exits)1 increased by 10.5% in the same period. Gross consumption of natural gas increased by 5.0% compared to October 2024. 1Transit …

IEA Monthly Gas Statistics – October 2025 Read More »

The latest IEA’s Monthly Oil Statistics report including October 2025 data shows that for Total OECD: Production of crude oil, NGL and refinery feedstocks grew by 3.2% compared to the same month last year. Refinery gross output of total products decreased (-1.0%) on a year-on-year basis. Net deliveries of total products decreased in October 2025 compared to October 2024 (-0.4% y-o-y). Oil …

IEA Monthly Oil Statistics – October 2025 Read More »

Transaction strengthens balance sheet and liquidity with $344.5 million of cash proceeds before customary closing adjustments (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR, “the Company”), an energy technology company, announced Friday the final closing of its previously announced joint venture with a subsidiary of Cactus, Inc., in which Baker Hughes has contributed its surface pressure control …

Baker Hughes, Cactus Announce Closing of Surface Pressure Control Joint Venture Read More »