Phillips 66 Agrees to Expand Board in U-Turn
Phillips 66 appointed a new independent director and will name another member to the board in the coming months.
API Files Petition Challenging Biden Admin's Oil and Gas Leasing Program
'This administration has used every tool at its disposal to restrict access to vast energy resources in federal waters', says API Senior Vice President and General Counsel Ryan Meyers.
Jadestone Doubles Stake in Western Australia Oil Fields
As a result of the $9 million transaction, Jadestone has doubled its non-operated working interest in the CWLH fields to 33.33 percent.
Standard Chartered Reveals Where It Thinks Brent Oil Price Should Be
Analysts at Standard Chartered said they still do not think crude oil prices fully reflect the rapid tightening of the market or the recent escalation of geopolitical risk.
Expro to Acquire Well Tech Firm Coretrax for $210MM
Coretrax provides performance drilling tools and wellbore cleanup, well integrity and production optimization solutions.
Hyliion Narrows Losses in 2023
The company reported a net loss of $123.5 million versus a net loss of $153.3 million for 2022.
EU Launches Alliance to Develop Advanced Nuclear Reactors
The European Commission has opened applications for membership in a new alliance to accelerate the development of small modular reactors.
Oil and Gas Firms Offshore Norway Seen Spending More in 2024
Oil and gas companies operating off the Norwegian coast are expected to spend an estimated $23 billion this year.
Woodside Progresses Trion with Another Regulator Approval
The Trion oil and gas project has received social impact assessment approval from the Mexican Ministry of Energy.
India Will Begin Discussions to Join IEA
India will begin talks to become a full member of the International Energy Agency.
Oil Falls as US Stockpiles Grow by 12 Million Barrels
Oil dropped after the US reported crude inventories rose 12 million barrels last week, the most since November.
CPChem Shakes Up Leadership
CPChem CEO Bruce Chinn will retire and will be replaced by SVP Steve Prusak among other leadership changes taking effect next month.
Chesapeake Energy Inks 20-Year Deal for LNG from Delfin's Louisiana Project
The agreement involves 500,000 metric tons per annum.
USA Gasoline Price Rising
The U.S. regular gasoline price is rising, according to the EIA's latest gasoline fuel update.
ARC Posts 28-Year High in Production
ARC reported net income of $373.76 million (CAD 506.3 million) for the fourth quarter of 2023, compared to $547 million (CAD 741 million) in the previous-year period.
Kpler Says China Oil Imports From Iran Tumble to 11-Month Low
China's imports of Iranian crude tumbled to the lowest level in 11 months, according to data from intelligence firm Kpler.
Block Energy Seeks Partners for Georgia Gas Project
Block Energy launched a farmout process for the development of a group of gas assets in the Eurasian country of Georgia.
Aussie Environmental Group Questions Woodside Net Zero Plan
Woodside has chosen an IPCC climate pathway that the company said is the most viable in terms of considerations including energy demand.
Oil Associations Urge Congressional Action on Methane Regulations
26 state, regional, and national oil and natural gas associations wrote to congressional leadership.
SEB Commodity Chief Gives Rocket and Drone Warning in New Report
SEB's Chief Commodity Analyst offered a rocket and drone warning in a new report sent to Rigzone.
