So far in April Brent and WTI have lost about 15% and 16% respectively for the biggest percentage falls since November 2021.
Oilfield service company Oil States aims to lower geothermal well costs with its field-proven tension-leg platform technology.
China blinked before implementing proposed 125% tariffs on ethane and ethylene to protect their petrochemical business, Enterprise Product Partners CEO Jim Teague said.
Non-op Northern Oil and Gas (NOG) expanded its Midland Basin footprint with an acreage purchase in Upton County, Texas, from a private operator.
NOV Inc.’s CEO Clay Williams said he expects inflationary impacts and extended lead times as all global manufacturers simultaneously try “to rewire their supply chains.”
“I’ve been in this business a long time, and I’ve never seen anything like it,” Malone Mitchell III, chairman and CEO of international explorer TransAtlantic Petroleum, said in Oklahoma City about trying to operate in New Mexico.
Flotek Industries Inc. said the assets include digitally enhanced mobile natural gas conditioning and distribution units to provide real-time gas monitoring and dual fuel optimization.
Three Bechtel workers died at Sempra Energy’s Port Arthur LNG construction site, and the company has halted work there until an investigation is completed.
ESG’s platform helps energy companies manage customers, markets and assets.
The midstream sector’s capex growth outlook is strong with fewer, more muscular companies.
NextEra Energy expects that of the total 450 GW of new electricity demand in the coming few years, 75 GW will be gas-fired—or some 12 Bcf/d. But turbines and skilled labor are needed.
A well-executed FEED phase is the foundation for carbon capture success, Worley says.
Repsol’s 777-megawatt portfolio includes the Frye solar project in Texas and the Jicarilla solar and storage complex in New Mexico, Stonepeak says.
Vaquero Midstream plans to grow its natural gas gathering and processing footprint in the Permian Basin.
Chevron Corp.’s startup at Ballymore, offshore Louisiana, was its third major project to come online in the past year.
Woodside Energy has reached a final investment decision to develop Louisiana LNG and is targeting first LNG by 2029.
Hess Corp. landed its first 4-mile laterals in North Dakota’s Bakken Shale in February, part of a broader “shale evolution” underway in the Williston Basin, the company said.
Phillips 66 said it will add a gas processing plant in the Permian Basin while continuing to strengthen its NGL system.
Here’s a roundup of the latest E&P headlines, including field redevelopment in Iraq and an estimate of gas resources in Namibia.
A lead of Mitsubishi’s U.S. industrial division says the current supply chain for generators can’t keep up with the booming demands of AI.
Once completed, Golden Pass LNG, a joint project between QatarEnergy and Exxon Mobil, will have a capacity of over 2.57 Bcf/d.
Innovex International Inc. has agreed to sell the Dril-Quip Eldridge Campus in northwest Houston to Big Acquisitions LLC for $95 million following its merger with Dril-Quip in September 2024.
Prairie Operating Co. started completion of the nine DUC wells that were part of an acquisition from Bayswater Exploration & Production in the Denver-Julesburg Basin.
Lee Zeldin, the Environmental Protection Agency’s administrator, as well as other cabinet members said President Donald Trump’s tariff negotiations will improve, rather than diminish, the U.S.’ business outlook.
Recent news is increasing the uncertainty associated with the ability of members of OPEC+ to maintain cooperation and agreement on future production quotas.
Applying Silicon Valley ethos to a superpower’s governance is unlikely to be a successful strategy.
Alaska LNG, a proposed $44 billion project consisting of a pipeline and an LNG plant, has been a key part of President Donald Trump's agenda in dealing with Asian partners, as he wants Japan, South Korea and Taiwan to back the massive project.
Larry Larsen, who will succeed Michael Dunn, is Williams’ senior vice president for gathering and processing.
A federal judge faulted the Army Corps of Engineers during protests against Energy Transfer’s Dakota Access Pipeline and ruled that it owes North Dakota $28 million in damages.
Oil prices were stable on April 28 as investors weighed up uncertainty over trade talks between the U.S. and China, clouding the outlook for global growth and fuel demand, as well as the prospect of OPEC+ raising supply.