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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The CEOs of Petrobras and Statoil discuss the challenges their companies face in enacting economically and environmentally sound operational policies. -
The current oil and gas commodity prices have posed several challenges to oil and gas companies operating in shale plays trying to generate revenue or even becoming cash neutral.
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Renewable energy is often framed as being at odds with the oil and gas industry, but new price developments in the wind and solar sectors may be changing this paradigm, according to one US energy expert.
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Figuring out the right price for an active oil and gas field is tricky business in the shale sector but one producer explains how it uses data analytics to get a clearer picture.
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PDC’s president and CEO describes the company’s management strategy for its hydraulic fracturing operations in the Wattenberg Field and the Delaware Basin.
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A sudden surge in job openings in the Bakken, especially for hydraulic fracturing and completion crews and CDL drivers, is taking place as companies ramp up to put more wells on line in the first half of 2017.
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Completed 11 months ahead of schedule, BP’s Thunder Horse South Expansion project furthers the company’s deep water agenda.
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The CEO of Phillips 66 expects the DAPL to be operational in 2Q 2017.
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As drilling activity rises, the demand for all that is needed to complete wells rises even faster. The wells are bigger, and more water and sand are used for each foot stimulated.
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Due to the continued pressure from weak utilization of existing operating fleet and supply overhang of newbuilds, Keppel is cutting its yard capacity. The company is however seeking opportunities in niche and new markets.
