Offshore Technology – Oilfield services company Baker Hughes and artificial intelligence (AI) software provider C3.ai have launched an AI-based application that allows...
Pittsburgh Business Times – Chevron Corp. Chairman and CEO Michael Wirth said the oil and gas giant entered the Marcellus Shale at a...
Bloomberg – The world’s three biggest oil-market forecasters are split on what’s going to happen with supply and demand this year —...
Bloomberg – Chinese oil demand has dropped by about three million barrels a day, or 20% of total consumption, as the coronavirus squeezes the...
WVNews — A trio of bills relevant to West Virginia’s oil and gas industry were advanced by Senate committees on Thursday. The...
Houston Chronicle – Gradiant Energy Services CEO Danny Jimenez wants to change how the oil and natural gas industry handles the hundreds...
Reuters – At Exxon Mobil Corp (XOM.N), CEO Darren Woods’ plan to revive earnings at the largest U.S. oil and gas company...
S&P Global Platts – Producers in the New Mexico portion of the Permian Basin have shown resiliency amid depressed commodity prices and...
Robert Rapier – Forbes – Law firm Haynes and Boone recently released its updated Energy Bankruptcy Reports. These reports cover North American oil and...
S&P Global Platts – In a first ever, Permian forward gas prices settled in negative territory this week as the 2020 market outlook...
Energy Giant, Chevron on Sunday announced a significant new gas discovery in the eastern Mediterranean Sea, off the shore of Egypt. The reservoirs are in the Nargis Offshore Area concession, operated by Chevron, which holds a 45 percent working interest in the concession.
“Chevron is encouraged and excited by the success of this first exploration well which encountered high-quality reservoirs and follows from Chevron’s entry into the Egyptian upstream sector in 2020,“ said Clay Neff, president of Chevron International Exploration and Production.
“We look forward to working together with the Government of Egypt, the Egyptian Natural Gas Holding Company (EGAS), and our other partners to support the growth of Egypt's energy sector through this exploration program. The eastern Mediterranean has abundant energy resources, and their development is driving strategic collaboration in the region.”
A recent ruling from the Supreme Court of Texas has clarified a long-standing legal...
In the heart of West Texas, where the highways stretch for miles and the...
by Bloomberg|María Paula Mijares Torres |US President Donald Trump said his administration’s talks with Iran...
Laila Kearney (Reuters) – PG&E (PCG.N), California’s largest electric utility, has seen a jump...
The Trump administration is once again turning its attention to Alaska, sending three Cabinet...
by Andreas Exarheas|RigZone.com| A statement posted on OPEC’s website on Saturday announced that Saudi Arabia,...
In a surprising legal development, the New Mexico Court of Appeals has dismissed a...
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it...
Published by Kristian Ilasko, Digital Content Coordinator | Hydrocarbon Engineering | Although global oil demand...
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