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Infosys Acquires Tech, Business Firm MRE Consulting for $36MM

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Infosys said its all-cash deal to buy MRE Consulting will add newer capabilities and risk management to its offerings. 

Blue Hydrogen’s Carbon Management Needs Policy, Scale to be Realized

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Expectations are high for blue hydrogen’s carbon capture rates, but some companies have work to do to hit the mark.

Texas Upstream Employment Slips in March, TIPRO Says

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Texas’ upstream energy sector employed 204,400 people in March, down by 700 people from the previous month.

Undrilled but not Unnoticed: White Space Buyers Invest Now for Future Upside

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Undeveloped, unpermitted acreage lures private equity risk-takers who want in on the mineral and royalty coffers.

Dividends Declared Weeks of April 7, 14

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First-quarter 2025 earnings season is underway. Here is a compilation of dividends declared in the last two weeks from select upstream, midstream and service and supply companies.

Palladium, Arava JV Sell Solar-Energy Storage Portfolio to Exus

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Palladium Energy and Arava Power Co. are selling a solar and energy storage portfolio to Exus Renewables North America.

US E&Ps Could Drop Up to 100 Rigs at New Low Oil Price

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Private operators are likely to let rigs go first, beginning in the Midcontinent and Powder River Basin, then the Eagle Ford, Bakken and Permian, according to J.P. Morgan Securities.

Kinder Morgan Sees Strong Gas Market, Despite Political Noise

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Kinder Morgan is undeterred by “perceived ups and downs” in the natural gas market, said Executive Chairman Rich Kinder during the company’s first earnings call of 2025.

Monumental Aims to Restart New Zealand Wells by May 30

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Monumental Energy Corp. says rig contractor RIVAL is scheduled to begin the workovers on wells Copper Moki 1&2, located in the Taranaki Basin, in May.

US Judge to Decide on Starting Bid in Citgo Parent Auction Following Hearing

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A U.S. court is to decide on a $3.7 billion offer  for shares in the parent of Venezuela-owned refiner Citgo Petroleum.

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