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Here’s a roundup of the latest E&P headlines, including a new discovery and offshore contract awards.

Baytex intends to use the proceeds to pay a portion of outstanding debt on its credit facilities and general corporate purposes.

M4E’s financing package includes an equity investment, a royalty purchase and an option for a strategic offtake agreement.

As Carbo Ceramics celebrates its 45th anniversary as a solutions provider, Senior Vice President Max Nikolaev details the company’s five year plan and how it is handling the changing energy landscape in this Hart Energy Exclusive. 

The collaboration between Emeren Group and Glennmont Partners marks a strategic move to enhance renewable energy storage capacity in the region.

The year-on-year decline was due to lower crude oil prices and volumes sold and lower refining and chemicals margins.

Steve Young, executive vice president and chief commercial officer, will retire from Duke Energy on June 30.

The oil and gas rig count, an early indicator of future output, rose by seven to 629 in the week to March 15.

Galp’s Mopane-2X exploration well offshore Namibia found a significant column of hydrocarbons, and the operator is assessing commerciality of the discovery.