Business/economics
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%.
Even as industry faces policy and tariff uncertainty, companies view spending on digital transformation as a driver of efficiency.
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Tract is turned back by BP after operator fails to meet drilling obligation. -
A recent survey presented by the Dallas Fed offers hints to why production in Texas and neighboring states has not seen a boost from rising prices. One big problem? Workers.
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The consortium partners are focused on revitalizing mature fields.
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Northeast Pennsylvania producer was formed in 2017 after the purchase of Shell-operated properties.
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Lagoon becomes a multibasin player in water management while WES locks down assets that could drive future deals.
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Shell is getting out of the Permian by selling out to ConocoPhillips, which has added to its bets in the west Texas play for the second year in a row.
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The Mexican state oil company’s increased spending plan is designed to turn around flagging oil production.
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Canadian midstream giant adds key US oil export capacity via private-equity exit.
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ADNOC will purchase eight FlexRigs while H&P invests in ADNOC Drilling’s planned public offering.
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A group of oil and gas executives and bitcoin miners mingled in a warehouse in Houston recently. One big topic of discussion: using stranded natural gas to power bitcoin mining rigs, which both reduces greenhouse-gas emissions and makes money for the gas providers, as well as the miners.
