News

U.S. shale drilling rig-usage decreases by most in five months following record 2023 oil production

April 28, 2024

After better-than-expected production from fewer rigs in 2023, U.S. shale executives now are in the midst of slowing down amid a shrinking inventory of top-tier drilling locations, weak natural gas prices, and industry consolidation.

Perenco acquires mothballed Chenre, Bagre oil fields offshore Brazil from Petrobras

April 26, 2024

COP29 host Azerbaijan says its oil and gas is “gift from God” with plans to increase production

April 26, 2024

ExxonMobil expects FTC to approve Pioneer Natural Resources megadeal by mid-year

April 26, 2024

Chevron exceeds Q2 expectations on strong oil production amidst ExxonMobil, Hess arbitration over Guyana

April 26, 2024

Namibia’s oil potential could match Guyana following significant offshore discoveries, TotalEnergies CEO reports

April 26, 2024

Repsol to increase oil production in Venezuela with two new fields despite U.S. sanctions

April 26, 2024

TAG Oil commences flow back on BED4-T100 horizontal well in Egypt

April 25, 2024

Chevron to boost oil production from Kazakhstan’s Tengiz field with Wellhead Pressure Management Project commencement

April 25, 2024

EQT to cut natural gas production through May amidst low prices

April 25, 2024

CNOOC hits record profits, production amidst lower prices

April 25, 2024

Nigeria begins production from Awoba, Madu oil and gas fields to boost domestic supply

April 25, 2024

TotalEnergies extends maintenance contract with PBS for work on offshore assets in North Sea

April 25, 2024

Sintana Energy expands exploration efforts offshore Namibia following recent oil and gas discoveries

April 25, 2024

Hess Corporation increases oil and gas production from success in U.S. Bakken, offshore Guyana

April 25, 2024

Mid-size firms to revitalize Permian shale production with new drilling innovations

April 24, 2024

Technip Energies wins $1 billion contract for TotalEnergies’ 100% electrified Marsa LNG project in Oman

April 24, 2024

Texas LNG sells over half of offtake with additional LNG tolling agreement with EQT

April 24, 2024

Biden’s five-year offshore wind lease schedule underscores need for Gulf of Mexico oil and gas, NOIA says

April 24, 2024

Energy Workforce & Technology Council testifies in support of U.S energy production

April 24, 2024

Trident Energy enters Congolese oil and gas industry with Chevron, TotalEnergies offshore acquisitions

April 24, 2024