Oil & Gas News

AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a diversified, industrial supplier and global leader in the development of fuel systems, electrical systems, and aftermarket solutions, today announced that its Board of Directors has declared a quarterly cash dividend in the amount of $0.30 per common share, payable on June 23, 2026, to shareholders of record at the close of business on June 9, 2026. About PHINIA PHINIA is a diversified industrial supplier and global leader in the...

HALIFAX, Nova Scotia--(BUSINESS WIRE)--Emera Inc. (TSX/NYSE: EMA) announced that at its Annual Meeting of Shareholders held on May 21, 2026, on a vote by ballot, each of the 11 nominees proposed as Directors and listed in its Management Information Circular dated as of March 19, 2026 were elected as Directors. The detailed results of the vote for the election of Directors are set out below. Nominee Votes For Votes Withheld   Number Percent Number Percent Scott C. Balfour 158,298,930 99.75% 390,...

SALT LAKE CITY--(BUSINESS WIRE)--Sinclair Oil (Sinclair), an HF Sinclair (NYSE: DINO) brand, announced today DINO-Venture, a nine-city road trip celebrating the brand’s 110th anniversary and the U.S. summer road trip tradition. From May 22 through June 15, Sinclair’s beloved green DINO will travel more than 3,000 miles across the West with a custom LED mobile truck, visiting Sinclair stations, distributor partners and the communities that have fueled the brand’s journey since 1916. “For 110 yea...

SAN JOSE, Calif.--(BUSINESS WIRE)--OKX, a blockchain technology and trading company serving more than 120 million customers globally, and Intercontinental Exchange (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets including the New York Stock Exchange, today announced plans for OKX to launch perpetual futures based on ICE's Brent Crude and WTI Crude energy benchmarks. The products are expected to be available to trade on OK...

HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) announced today that its board of directors has declared a 2026 second quarter dividend of seventeen cents ($0.17) a share on the Company’s common stock payable on June 24, 2026, to shareholders of record at the close of business on June 3, 2026. About Halliburton Halliburton is one of the world’s leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services...

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) announces the successful bolt-on acquisition of 5,154 net undeveloped acres in the core of the Delaware Basin as part of the Bureau of Land Management (BLM) Oil and Gas Lease Sale this week. Joseph Wm. Foran, Matador’s Founder, Chairman and CEO, commented, “Matador is pleased to announce a $1.1 billion expansion of its premier Delaware Basin asset base in Southeast New Mexico through the recent BLM Leas...

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) announced today that Doug Pferdehirt, Chair and Chief Executive Officer, will speak at the Bernstein 42nd Annual Strategic Decisions Conference on Wednesday, May 27, 2026, at 9:00 a.m. ET in New York, NY. The live webcast will be available at the time of the event and can be accessed at the Investor Relations website. There will be no presentation materials associated with the event. An audio replay of the webcast will be available on...

ARLINGTON, Va.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its first quarter fiscal 2027 financial results after the market closes on Thursday, June 4, 2026. Management will host a webcast with an accompanying slide presentation and conference call on Thursday, June 4, 2026 at 5:00 p.m. ET. Participants can access the live webcast by visiting this link. To access the call by phone, participants can use the following dial-in...

HOUSTON--(BUSINESS WIRE)--Efficient Markets is pleased to announce the results of yesterday’s Bureau of Land Management’s (BLM) online federal oil and gas lease sale in New Mexico and Texas for 74 parcels covering 33,529 acres. Multiple all-time high records were achieved, including the substantial aggregate high bids of $4,007,609,288, as well as the highest per-acre bid record at $357,129. Bidding activity remained highly competitive throughout the sale, with 100 percent of parcels receiving...

CHICAGO--(BUSINESS WIRE)--The Exelon Foundation has added two new companies to the Climate Change Investment Initiative (2c2i) portfolio—Blackcurrant AI and Natrion—each tackling different, but critical, energy innovations and positioned to scale as demand for more efficient, lower-cost energy solutions grows. Now in its seventh year, 2c2i is continuing to invest in early-stage companies building practical solutions with both strong commercial potential and the ability to deliver meaningful cli...