Within the first nine months of 2024, oilfield services dealmaking hit $19.7 billion—the highest since 2018, according to Deloitte.

Here is a look at some of this week’s renewable energy news, including a record-setting quarter for solar module capacity in the U.S.

Concerns on remaining inventory are a big driver of M&A activity, but improving drilling efficiencies allow for low rig counts to keep high production, says Dan Pickering, the chief investment officer of Pickering Energy Partners.

Roosevelt Resources, which is developing an EOR project in the Texas Permian Basin, aims to go public through a reverse merger.

Digital data points have transformed from a byproduct of operations to the main driver of innovation in the energy industry, says Fabricio Sousa, president of Worley Consulting.