Chesapeake Energy completed its acquisition of WildHorse Resource Development Corp. on Feb. 1, creating an Eagle Ford oil producing powerhouse.

In less than 12 months Eni (NYSE: E) CEO Claudio Descalzi has turned the Middle East from a sideshow to a strategic hub for the Italian energy major. And the shift is not over.

Iraq has signed a contract with China’s CNOOC to conduct a seismic survey for two oil exploration blocks, the oil ministry said on Jan. 31.

Britain’s Oil and Gas Authority has launched an offshore licensing round for the Greater Buchan Area located in the North Sea.

Ophir Energy agreed to be bought out by Indonesian oil and gas group Medco Energi for a sweetened bid of 390.6 million pounds (US$511.02 million) in cash.

Lundin Petroleum agreed to acquire Lime Petroleum’s entire Utsira High acreage position covering the Rolvsnes and Goddo basement area for roughly US$45 million.

Indonesian oil and gas group Medco Energi got an extension to Jan. 31 to make a firm takeover offer for Ophir Energy or walk away.

Neptune Energy and DEA are bidding for the oil and gas assets in Egypt, Italy and elsewhere being sold by Edison, Reuters reported citing industry sources.

The lawsuit is the latest effort by environmental activists to tighten drilling regulations in Colorado, which is the fifth largest oil-producing state in the U.S.

Saudi Aramco CEO Amin Nasser says his company is looking to acquire natural gas assets in the U.S. and is willing to spend "billions of dollars" there as it aims to become a global gas player.

A subset of the data over the offered license blocks will be available in advance of Gabon’s 12th offshore licensing round planned for June 2019.

As part of the transaction, Helix will perform the required plug and abandonment operations for which Marathon Oil will pay certain agreed upon amounts.

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