INEOS is marking a decade of U.S. shale ethane supply to its Grangemouth complex, with more than 400 shipments received since the first purpose-built Dragon Ship arrived in Scotland in 2016.

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1947 Oil & Gas begins AIM trading following U.S. Gulf acquisition
Newly listed 1947 Oil & Gas has begun trading on London’s AIM market, providing capital to complete its previously announced Renaissance Offshore acquisition and pursue additional producing assets in the Gulf of America.
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DNO holds firm on final Capricorn bid after Genel raises competing offer
DNO says its $5.214-per-share all-cash offer for Capricorn Energy is final and will not be increased after Genel Energy raised its competing bid and secured commitments representing about 39% of Capricorn shares.
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Comstock, SOCAR advance $1.65-billion Haynesville partnership with framework agreement
Comstock Resources and SOCAR have advanced their planned $1.65 billion Haynesville partnership with a framework agreement, while exploring opportunities to market gas from the assets as LNG internationally.
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Yangarra expands Belly River development after drilling 17 wells
Yangarra Resources has drilled 17 Belly River wells at its Chambers development in Alberta and built an inventory of 106 future locations, while a new well design delivered a 2.5-fold improvement in IP90 productivity.
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TotalEnergies takes FID on Absheron gas development offshore Azerbaijan
TotalEnergies, SOCAR and XRG have taken FID on the full-field Absheron development offshore Azerbaijan, targeting 6 Bcma of gas and 47,000 bpd of condensate from 2029.
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ExxonMobil to operate Azerbaijan shale venture with SOCAR
ExxonMobil and SOCAR have formed a joint venture to explore and develop unconventional oil and gas resources in Azerbaijan’s Middle Kura basin, taking U.S. shale expertise into a new international play.
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Texas RRC names Worth Farabee government relations director
The Railroad Commission of Texas has named Worth Farabee its new Government Relations Director, bringing nearly two decades of legislative and government affairs experience to the state’s energy regulator.
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Navitas assumes operatorship of Block 1 CBK in South Africa’s Orange basin
Navitas Petroleum has assumed operatorship of Block 1 CBK offshore South Africa, where the partners have identified more than 3.6 Bbbl of unrisked prospective oil resources and plan two exploration wells.
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Energy Workforce warns diesel export ban could cut U.S. refinery output
Energy Workforce is urging policymakers to reject a U.S. diesel export ban, warning it could force Gulf Coast refiners to cut production while calling for temporary tariff relief on critical energy components instead.
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