The Permian Basin remains one of the best opportunities for nonoperating investors in the world, particularly for those who go in with eyes wide open to these risks and a clear plan for mitigating them.
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As activity in the Vaca Muerta Shale continues, oil and gas operators should consider managed pressure drilling for all wells.
Libya's internationally recognized prime minister Fayez al-Serraj has warned of catastrophe if the week-long blockade, which has cut oil output to almost zero, is not lifted.
Saudi Arabia's Minister of Energy said all options are open at an OPEC+ meeting in early March, including further cuts in oil production
IEA's Fatih Birol told Reuters that oil prices could not be expected to rise significantly under "normal conditions" although unexpected developments, such as rising instability in Iraq, could alter the situation.
William R. Thomas has led the growth of a number of E&P companies throughout his career, which the VAALCO Energy board believes will support the company’s inorganic growth ambitions.
The Lundin Petroleum board also proposed to change the company's name to Lundin Energy AB, it said in a statement.
Frac Shack’s acquisition of the Sandtinel sand separation system allows the company to expand and diversify its services to new and existing customers in the flowback and production industry.
Worley has been awarded a FEED contract for Total E&P USA’s North Platte field development in the Gulf of Mexico (GoM), the company said on Jan. 23.
The U.S. Treasury Department on Jan. 18 granted permission for Chevron Corp, the last major U.S. oil company operating in Venezuela, to continue working in the country until April 22.
The 27 high-impact discoveries made by wells drilled last year collectively pushed discovered commercial volumes to a level not seen since 2015, report shows.
A private seller retained RedOaks Energy Advisors as its exclusive adviser in connection with the sale of certain mineral properties located in Howard and Borden counties, Texas, of the Midland Basin.
The merger agreement follows remarks made by Era Group CEO Chris Bradshaw in a letter to shareholders last year that the offshore helicopter industry was in “dire need” of consolidation.
Emily Rodgers, manager of environment and sustainability for Apache Corp., sat down with Jessica Morales to discuss the company’s involvement in ONE Future plus what it aims to achieve by 2025.
Under Don Santa’s nearly two decades of leadership, INGAA has accomplished multiple reauthorizations of the Pipeline Safety Act and also has shaped regulatory policy affecting interstate natural gas pipelines.
Oil majors are at the sharp end of the climate debate and face a bewildering balancing act to secure their futures.
The lawsuit is seen as part of an emerging branch of law worldwide where plaintiffs seek to use a nation's founding principles to make the case for curbing emissions.
Annova LNG signed a precedent agreement with Valley Crossing Pipeline LLC (VCP) on Jan. 22, providing transportation for Annova LNG’s total natural gas requirements at its 6.5 mtpa LNG facility in Brownsville, Texas.
Delivery to JERA’s facility adds to Japan’s oversupply.