Middle East

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (July 30, 2021)

A new Walker Ridge discovery in the U.S. Gulf by Chevron plus two more Wolfcamp Shale producers from CrownQuest’s Avogadro prospect in the Permian Basin top this week’s oil and gas drilling activity highlights from around the world.

July 30, 2021

Field Development , Technology

Proserv Secures ‘Significant’ Contract for Majnoon Oil Field in Iraq

Houston-based KBR facilitated the deal with Proserv aimed at boosting oil production capabilities at a key Iraqi asset.

July 28, 2021

Investment , International

Iraq Wants American Firm to Replace Exxon, Prime Minister Says

Iraq's Prime Minister Mustafa al-Kadhimi said on July 26 he wants another American company to replace Exxon Mobil Corp. when it exits Iraq.

July 27, 2021

Crude Oil , Trade , International

US Weighs Crackdown on China’s Import of Iranian Oil

Chinese refiners are the biggest importers of Iranian oil. That U.S. officials are hinting at a possible crackdown may be a veiled threat that Washington has ways to exact a price from Tehran, says analyst.

July 23, 2021

International

OPEC+ Yet to Make Progress in Resolving Impasse

OPEC+ has yet to make progress closing divisions between Saudi Arabia and the United Arab Emirates that last week prevented a deal to raise oil output, making another policy meeting this week less likely, OPEC+ sources said on July 12.

July 12, 2021

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (July 1, 2021)

Pantheon Resources North Slope test, Chesapeake Marcellus well completion plus EOG Resources Eagleville Field wells producing from the Eagle Ford Shale and Austin Chalk top this week’s oil and gas drilling activity highlights from around the world.

July 1, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of June 30, 2021

Here’s a snapshot of recent energy deals including an ‘exciting re-entry’ by Surge Energy and Nabors’ Canadian exit plus an investment in a synthetic natural gas startup by Baker Hughes.

June 30, 2021

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (June 25, 2021)

Shell’s recent high-volume Pliocene discovery in the Gulf of Mexico plus Marathon Oil Upper Three Forks wells and Chesapeake Marcellus Shale completions in Pennsylvania’s Bradford County top this week’s oil and gas drilling activity highlights from around the world.

June 25, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of June 23, 2021

Here’s a snapshot of recent energy deals including $102.2 million worth of acquisitions in the Permian Basin by Northern Oil and Gas.

June 23, 2021

Trade , International

Iran Claims US Agreed to Lift Oil Sanctions

Like other Western and Iranian negotiators who have said the talks remain a long way from conclusion, German Foreign Minister Heiko Maas said on June 23 that Tehran and the powers still had to overcome significant hurdles.

June 23, 2021