Onshore
News
October 21, 2024
Phoenix Capital Group has announced significant results from its latest wells in the Bakken shale region, with rapid expansion marking them as a top producer.
News
October 21, 2024
Nigeria approved Exxon Mobil Corp.’s sale of its onshore oil and gas assets to domestic energy supplier Seplat Energy Plc, but rejected a similar deal by Shell Plc.
News
October 20, 2024
Argentina energy producer Pampa Energia SA will soon decide whether to partner on a multibillion-dollar LNG plant as President Milei’s deregulation tactics accelerate development of the world’s second-biggest shale gas deposit.
News
October 20, 2024
Hilcorp Energy Co., the privately held oil producer run by billionaire Jeff Hildebrand, will pay a $9.4 million civil penalty for failing to reduce emissions of methane and volatile gases in New Mexico.
News
October 18, 2024
SLB has announced a definitive agreement to sell its interests in the Palliser Block located in Alberta, Canada. The block consists of oil and gas wells, surface facilities, a pipeline network and certain oil and gas development rights.
News
October 17, 2024
Peru’s government can’t find board members to lead its struggling state-owned oil company more than five weeks after its last board resigned.
News
October 16, 2024
Exxon Mobil Corp has announced plans to sell a portion of its assets in North Dakota's Bakken shale formation, according to Reuters.
News
October 16, 2024
Perenco Colombia successfully completed drilling of three new development wells on the Paravare and Chaparrito fields at Casanare, onshore Colombia, identifying large oil discoveries.
News
October 15, 2024
Nabors Industries has announced a definitive agreement to acquire Parker Wellbore in a transaction valued at $472 million. This strategic move strengthens Nabors' Drilling Solutions business and will lead to profitable growth for both companies.
News
October 10, 2024
Standards development follows a structured and systematic process, ensuring the highest quality and likelihood of implementation by industry and regulators worldwide. World Oil recently spoke with Paula Watkins, API Senior Director of Standards Development, to gain insights into the intricacies of the standards development process, the role of international collaborations, and the challenges along the way.
News
October 14, 2024
Woodside Energy has announced the successful completion of the installation of the Scarborough Energy Project trunkline which will transport offshore gas to the onshore Pluto LNG processing facility in Karratha.
News
October 14, 2024
KBR announced today it has been awarded an engineering and procurement services contract for the Beachfield Manatee upgrade, the onshore portion of the Manatee gas field project.
News
October 13, 2024
At least one investor is making a big bet that CNX Resources Corp. will keep climbing even as the natural gas producer’s stock reached a 10-year high this week.
News
October 11, 2024
Nigerian National Petroleum Corp. (NNPC) and partners including Shell, TotalEnergies and Agip struck a landmark deal to sell gas to the methanol-manufacturing project of the country’s Brass Fertilizer & Petrochemical Co. Ltd.
News
October 11, 2024
North Sea Midstream Partners (NSMP) has announced the successful start-up of a new onshore electric-drive compressor which will increase gas flows from Breagh Field.
News
October 10, 2024
Iraq’s semi-autonomous region of Kurdistan has cut its oil production by half upon request from Baghdad, as the second-largest producer in OPEC tries to meet its output quota.
News
October 09, 2024
In the third quarter of 2024, Petrobras recorded an average FUT of 95.2%. This period also saw a significant increase in the processing of pre-salt oil, which made up 73% of the total load in the distillation units.
News
October 08, 2024
Baker Hughes has announced its largest-ever order of Integrated Compressor Line units, awarded by Dubai Petroleum Establishment (DPE) on behalf of the Dubai Supply Authority.
News
October 08, 2024
The U.S. expects crude production to grow by just 320,000 bpd next year, much slower than previously estimated.
News
October 07, 2024
Shell saw continued strong performance from its natural gas and upstream businesses in the third quarter, even as oil-refining margins declined and it expects to lose money in chemicals.
News
October 07, 2024
More consolidation in the U.S. shale sector is needed to cope with soaring costs to identify and exploit untapped oil reserves, according to Kimmeridge Energy Management Co.
