Castleton Resources is now the U.S. E&P consolidation platform of investment-grade Tokyo Gas Co. Ltd.
Mexican Energy Minister Rocio Nahle said on Oct. 26 so-called farm-outs, or joint ventures, could be done with state oil firm Pemex if feasible projects are put forward.
BP's shares are down more than 50% this year and remain near 25-year lows, battered by weak oil prices and investor concerns about BP's ability to successfully shift to renewable energy from fossil fuels.
The rig count slowly increased by nine new rigs this past week with increases in the Rockies and Permian Basin.
The oil find continues the privately held E&P company’s drilling success at its Spruance discovery made by LLOG and its partners in the deepwater Gulf of Mexico in mid-2019.
AWS provides an elastic and scalable cloud infrastructure to run HPC applications.
U.S. natural gas futures climbed to their highest in nearly two years on Oct. 26 on forecasts for higher heating demand and concerns that Tropical Storm Zeta could disrupt production.
Kaiser-Francis Oil Co. retained EnergyNet for the sale of operated assets in Oklahoma's Custer and Dewey counties through an auction closing Nov. 18.
The U.S. Treasury Department in a statement on Oct. 26 said it was slapping sanctions on key actors in Iran's oil sector for supporting the Quds Force.
Russian President Vladimir Putin’s statements last week will support oil prices, but will it be enough for 2021? Stratas Advisors explores the effect of Putin’s views on the market in its latest oil price forecast.
BP, BHP, Chevron, Equinor and Shell began withdrawing staff from their offshore oil and gas facilities in the U.S. Gulf of Mexico ahead of Tropical Storm Zeta.
Burned by a sector gone bad, energy capital providers are hyper risk-averse or just absent. Capital will flow back into the space when certain conditions are met, and those that are prepared will prosper.