
AccuWeather: Hurricane Francine causes US$9 billion damage and economic loss
AccuWeather’s?preliminary estimate?of the total?damage?and economic loss from Hurricane Francine in the USA is US$9 billion.
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AccuWeather’s?preliminary estimate?of the total?damage?and economic loss from Hurricane Francine in the USA is US$9 billion.

The transaction comprises US$461 million in cash and around 10.1 million OpCo units, with the equity portion valued at roughly US$456 million.

ARA Petroleum is pleased to announce it was presented with the 25 year Development Licence over the Ntorya Gas discovery at a handover ceremony in Tanzania.

The new digital platform offers an integrated dashboard to connect the entire CCUS life cycle, aiding in risk management and decision-making.

SCF Partners, Inc. acquires Newpark Fluids Systems business from Newpark Resources Inc.

Vallourec enters into a definitive agreement to acquire from Mattr 100% of the shares of its subsidiary Thermotite do Brasil Ltda.

The oilfield was discovered in the Lubuskie region next to the existing Rzeczyca field which holds 100 000 metric t of oil, says Reuters.

Diamondback Energy has completed the merger with Endeavor Energy Resources, creating a leading operator focused on the Permian Basin.

In its Short-Term Energy Outlook EIA implemented a new model for forecasting crude oil and natural gas production from the US Federal Offshore Gulf of Mexico.

Li Xing Gan Financial Markets Strategist at Exness says oil prices have paused their decline due to concerns over Hurricane Francine.

The body’s monthly report indicates a 2025 growth at 1.7 million bpd, slightly below this year’s figure.

Testing of the well yielded an absolute open flow natural gas production rate of 430 000 m³/d.