DNO announces North Sea oil and gas discovery
DNO ASA, the Norwegian oil and gas operator, has announced an important oil and gas discovery in Northern…
BP, Shell, and Exxon Signal One Thing: Oil Isn’t Going Anywhere
Ever since BP admitted that its attempt to go green had ended in a disaster, the flow of…
India Set to Tap Vast Oil Reserves With Multi-Billion Dollar Investments
Amid concerns over U.S. President Donald Trump’s hard-hitting tariff policy, diversified Indian financial services company Motilal Oswal has…
U.S. Rig Count Stalls as Oil Prices Keep Drillers in Check
The total number of active drilling rigs for oil and gas in the United States held steady this…
Guyana Pulls the Plug on Frontera-CGX JV – Exxon Stays Winning
Guyana’s government has officially yanked the plug on the Frontera-CGX joint venture, canceling its oil prospecting license for…
Hunting PLC: acquisition of organic oil recovery technology for US$17.5 million
Hunting PLC, the precision engineering group, has announced the acquisition of the Organic Oil Recovery (OOR) technology from…
Big Oil Stocks Hammered After OPEC’s Move To Boost Output
Oil prices declined for the fourth consecutive day amid Trump’s tariff tantrum, U.S. crude oil stocks posting a…
US Oil, Gas Rig Count Falls
By Julianne Geiger – Mar 07, 2025, 12:20 PM CST The total number of active drilling rigs for…
Mero field reaches record of 500,000 barrels of oil produced per day
There are currently 4 platforms in operation in the field, which will receive the FPSO Alexandre de Gusmão…
US Oil, Gas Rig Count Inches Up As Drillers Proceed With Caution
By Julianne Geiger – Feb 28, 2025, 12:17 PM CST The total number of active drilling rigs for…
Is Iraq Now Looking To Russia To Further Develop Its Huge Gas Potential?
Iraq is committed to increasing investment in its gas sector as a key driver for economic growth, according…
Bowman announces expansion of oil and gas footprint with acquisition of UP Engineering
Bowman Consulting Group Ltd., a national engineering services firm offering infrastructure, technology and program management solutions, today announced…