The agreement includes a headline consideration of £116m ($155.82m) and the transfer of £99m in decommissioning liabilities.

Tariffs and weak oil prices have ground deal making to a halt, but private equity has the dry powder ready to fire as the ...

A significant portion of US oil and gas stocks are trading below their book value, presenting a potential opportunity for ...

Canadian oil and gas producer Strathcona plans to launch a C$5.93 billion ($4.25 billion) hostile takeover bid for rival MEG ...

Wood McKenzie warns NNPC’s oil and gas production could halve by late 2030s due to sub-commercial assets and project gaps.

Nigerian energy companies are capitalising on international oil majors’ divestment to expand their own capacities and ...

BP's CEO has reassured investors that BP will be watching market volatility and will be focusing on strengthening its balance sheet to improve shareholder value in the long-run.

including in oil and gas operations. T he hedge fund also urges divestment of BP’s solar and offshore wind units, criticizing the executive team’s performance under CEO Murray Auchincloss.

Available data shows that Nigeria's oil and gas industry had faced a plethora of challenges, ranging from low investor confidence, dwindling crude oil ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy ...

In the meantime, the remaining private equity firms focused on oil and gas built up a lot of dry powder ... what counts as a non-core asset as they divest to preserve cash and pay down debt ...