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Oil & Gas News
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346Iran Allocates Half of Oil Revenue to Military Spending
Iran’s upcoming budget plan reveals a significant shift in its allocation of oil and gas export revenues, with more than half directed...
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322
USA EIA Slashes WTI Oil Price Forecast
Story by Andreas Exarheas| RigZone.com | In its latest short term energy outlook (STEO), which was released earlier this month, the U.S. Energy...
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446
Iraq Seeks U.S. Investment to Reduce Flaring
Iraq’s Deputy Petroleum Minister, Hamid Younes al-Zobai, recently visited Washington in an effort to secure additional funding from the United States. The...
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412
Synthica Energy Breaks Ground on Renewable Natural Gas Facility
Cincinnati-based Synthica Energy has officially broken ground on a new Renewable Natural Gas (RNG) facility in Rome, Georgia, just outside Atlanta. Named...
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491
Atlas Energy’s $400M Dune Express Conveyor System Nears Operation
Story By By Mella McEwen, Oil Editor| Midland Telegram Reporter | Construction of the 42-mile electrified conveyor system carrying sand from Atlas Energy...
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331
U.S. Driller to Buy Competitor in $360 Million Transaction
Story By Robert Stewart | UpStreamOnline.com | New York-listed driller Nabors Industries will acquire competitor Parker Wellbore for nearly $360 million, the...
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280
Oil’s Recent Spike Kicked Off Rush of Hedging by Producers
By Devika Krishna Kumar and Alex Longley | (Bloomberg) — US oil producers pounced on a chance to lock in prices, known as...
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588
Exxon Mobil Plans Bakken Divestment to Refocus Strategy
Exxon Mobil Corp, the leading oil producer in the U.S., is planning to sell part of its assets in North Dakota’s Bakken...
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512
Permian Producers Face New Headwinds
Argus Media | Growing associated gas production and rising breakeven prices for new oil wells are creating fresh challenges for Permian producers....
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348
Lyten Unveils Plans for $1B Battery Gigafactory in Nevada
Story from BIC.com | The facility will be located near Reno, Nevada, and capable of producing up to 10 GWh of batteries...
