Business/economics
Proposed and final notices of sale represent nearly 80 million acres in the Gulf of Mexico and approximately 1 million acres in Alaska’s Cook Inlet.
The US and UK sanctioned Russian independent Lukoil International and state-owned Rosneft in a bid to pressure Russia over Ukraine.
Ranger acquires American Well Services for $90.5 million, adding 39 workover rigs and boosting its fleet by 25%.
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Onshore development is increasing production, while investors demand greater operational efficiencies. Operators and service companies are striving to strike the balance between fiscal discipline and growing their production. How low can costs go, and for how long?
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Oil industry acquisitions appear ready to increase in 2018 and shift from survival strategies toward growth objectives, according to key business observers at global professional services firm EY.
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Drilling and completion expenditure and activity is projected to show multiyear double-digit growth from 2018–2022 despite a flattening of rig count increases.
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This year’s OTC awards will go to individuals and companies that have made significant contributions to the offshore section.
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Continued growth in production driven by natural gas, along with a modest increase in US energy consumption, will lead the US to become a net energy exporter within 4 years according to a new report from the EIA.
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Two old school operators and a financial change agent embody a new era for the US onshore industry. Their CEOs convened at the NAPE Global Business Conference in Houston to explain why.
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Even if EVs reach cost and performance parity with conventional combustion engines, a lot of questions remain about how long it will take for consumers to get comfortable that parity is real, and for manufacturers to turn over enough volume to make a big enough impact on the oil industry.
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Halliburton Chief Executive Officer Jeff Miller discusses the service company giant's outlook for North American unconventionals and the overall health of the oil and gas industry.
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Months after a pair of deadly explosions in the Colorado oil patch, drilling stocks remain hobbled by the specter of a regulatory clampdown.
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Argentina’s Vaca Muerta shale play is considered one of the most promising unconventional resources in the world. Advertised for years as the next great shale resource outside of the US, foreign investment has now picked up and the play may finally begin living up to its potential.