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NexTier Oilfield Solutions CEO Robert Drummond shares his outlook for the oilfield services sector’s recovery on the other side of this downturn.
A study looks at the impact of DUCs and shut-in wells on future rates of oil and gas production.
Natural gas will fuel power generation for years to come, says Dominion Energy even as it sells its gas business to Warren Buffet’s Berkshire Hathaway in a transaction worth nearly $10 billion.
‘People are waking up to a new reality’ as the cartel may be forced to adjust.
Chinese refiners took advantage of the oil price war’s very low prices, so record imports may continue in August.
Kicked out of the club in 2012, the Haynesville was resurrected beginning in 2017 to take on the mighty Marcellus in metrics, aided by a proximity-to-market kicker. Now, it’s taking on oil basins at the IRR weigh-in.
Falling oil prices hurt company as it pursues a volume-over-price strategy.
U.S. refiner Phillips 66 on July 31 reported a quarterly loss compared to a year-ago profit, as coronavirus-led restrictions on businesses and travel destroyed fuel demand and hurt margins.
Dominion Energy has revealed on July 31 that Thomas F. Farrell II, chairman, president and CEO, will become the company's executive chair, effective Oct. 1, 2020.
Airborne Oil & Gas, a leading manufacturer of thermoplastic composite pipe (TCP), said Aug. 3 it has promoted William de la Motte to CFO following his six months as interim finance director.
Offshore oil and gas driller Noble Corp. Plc said on July 31 it has filed for chapter 11 bankruptcy protection to restructure debt, following a historic fall in energy prices.
Remote training and monitoring procedures enabled the successful installation of the liner hanger system, cementing products and tubular running services.
Once the most adventurous aspect of the business, exploring for new oil and gas fields is now one of the most controversial.
Average U.S. daily oil output will fall below 2019’s record 12.2 MMbbl/d for the next two to three years, analysts said.
Analysis of recently completed geophysical work points to an estimated 1.8 Bbbl of oil in place at Pantheon’s Talitha project on Alaska’s North Slope. But in the midst of an oil price collapse, will anyone join them to dance?
Tokyo Gas will pay about $620 million as it increases its ownership in Castleton Resources, a U.S. shale gas operator focused on being a consolidator of E&P assets in the Ark-La-Tex region.
Shell did not disclose a value for the deal, but said it will help in contributing towards the company’s ambition of being a “net-zero emissions energy business by 2050 or sooner.”
In conjunction with the deal, Solaris Water Midstream’s sponsors and management also increased their capital commitments to support the continued expansion of the company’s infrastructure systems in the Permian Basin.
Affiliates of Chevron Corp. retained EnergyNet Indigo for the sale of its assets in the Carter Knox Field in Oklahoma's Grady and Stephens counties.
Trump arrived in Texas as many oil firms are gearing up to report their worst quarterly results in years.
Effective immediately, Deutsche Bank said it would cease financing new projects in the Arctic or oil sand projects.
Expansion projects are continuing and some have come online.
U.S. President Donald Trump issued a new presidential permit for the base Keystone XL pipeline, allowing TC Energy to boost oil capacity by 170,000 bbl/d to 761,000 bbl/d.