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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Avoiding debt problems and maintaining high-quality operations have kept Frank Lodzinski’s companies going through thick and thin. -
Drilling activity in US shale plays is slowing as operators encounter higher prices for labor, equipment, and services, and lower prices for the oil and gas produced.
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One of the world’s leading energy watchers says the second shale revolution will come in the form of LNG exports.
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The merger of industrial giant GE and oilfield services firm Baker Hughes closed on 3 July, creating the second-largest oil field services firm in the world.
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Saudi Arabia, the Permian Basin, and global deepwater areas have vastly different futures predicted. Is it time for a deepwater renaissance?
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The US Energy Information Agency reports that the country is seeing petroleum exports rise across the board and notes serveral drivers for this trend.
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A global energy model estimates the long-term energy mix, including solids, liquids, and gases, that will satisfy energy demand to the year 2040.
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After the 2010 Gulf oil spill, the Obama administration broke the scandal-plagued federal agency that policed offshore drilling into separate bureaus. Now, the Trump administration is considering putting it back together again.
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The momentous passage of the Petroleum Industry Governance Bill on 25 May 25 by the Nigerian Senate was heralded by many as a revolutionary step at creating a legal framework to address some of the perennial challenges that have plagued the oil and gas industry over the years.
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Petrobras, Wood Group, Shell, BP CEOs are among the industry leaders scheduled to speak at SPE Offshore Europe 2017 in Aberdeen.
