Japanese Company Buys U.S. Shale Assets for $1.3 Billion

December 18, 2025 Japan’s JAPEX has struck a deal to buy shale oil and gas asset owner Verdad Resources Intermediate Holdings for $1.3 billion, Reuters has reported, adding the company will finance the deal with a combination of cash and debt. Verdad Resources Intermediate Holdings has assets in Wyoming and Colorado, which currently produce at a […]Read More

NMDPRA and SEC Partner to Launch Nigeria’s First Gas Commodity

October 27, 2025 The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has concluded arrangements to launch a commodity exchange platform dedicated to the nation’s gas sub-sector. The Chief Executive of NMDPRA, Farouk Ahmed, said the initiative is aimed at strengthening and accelerating the growth of Nigeria’s gas industry, positioning it for greater transparency and […]Read More

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