FEATURED STORY
Occidental Makes Anadarko Bid

Industry Headlines

Oil Prices Mixed
Wednesday, April 24, 2019 The WTI erased a portion of recent gains while the Brent edged slightly upward.

Debt, Inflation Crushing Argentina's Shale Goals
Wednesday, April 24, 2019 Fears the government is losing the inflation battle and economic normalcy are pushing up bond yields to the highest since the country was last in default.

Occidental Makes Anadarko Bid
Wednesday, April 24, 2019 Occidental Petroleum Corp. is starting a bidding war for Anadarko Petroleum Corp.

Majors In Top 50 Employers for Women List
Wednesday, April 24, 2019 Oil and gas majors BP and Shell have been included in the Times Top 50 Employers for Women 2019 list.

IEA Ready to Act to Ensure Markets Are Well Supplied
Wednesday, April 24, 2019 The International Energy Agency stands ready to act if necessary to ensure markets remain well supplied.

Oil Rally Wanes
Wednesday, April 24, 2019 Oil pulled back from a six-month high as an industry report signaling a gain in U.S. crude inventories partly offset concerns over America's campaign to halt Iranian exports.

Oil Prices Up for Third Straight Trading Day
Tuesday, April 23, 2019 US and Saudi officials have offered their own perspectives on the oil market.


READ MORE

Exploration

Shell Hits Oil Pay in Gulf of Mexico
Wednesday, April 24, 2019 Shell stated that Blacktip appraisal planning is underway.

Eni Inks Offshore Deal With RAK Gas
Monday, April 22, 2019 The deal marks a further push by the Italian company into the Middle East.

Exxon Makes 13th Oil Discovery Offshore Guyana
Friday, April 19, 2019 ExxonMobil made a new oil discovery at the Yellowtail-1 well offshore Guyana, marking its 13th discovery on the Stabroek Block.

Permian Drilling Record Reported
Thursday, April 18, 2019 A unit of Surge Energy US Holdings Co. has reportedly drilled a record-setting lateral in the Permian Basin.

Exxon, Qatar Petroleum Win Three Blocks Offshore Argentina
Wednesday, April 17, 2019 ExxonMobil Argentina Offshore Investments B.V. and a Qatar Petroleum affiliate snagged three exploration blocks offshore Argentina.

Talos Sets Offshore Mexico Record
Tuesday, April 16, 2019 Talos reported a record-setting offshore Mexico core sample.


READ MORE

Production

US Shale Gas Swamps Market
Wednesday, April 17, 2019 Natural gas futures tumbled to the lowest in almost three years.

Venezuela Oil Output Is Said to Drop by Half
Friday, April 05, 2019 Power failures that plunged Venezuela into darkness for much of March also briefly slashed the country's crude production by half, according to people familiar with the situation.

Bahrain Seeks US Partners for Offshore Shale Discovery
Friday, April 05, 2019 The kingdom, whose capital Manama appears above, is pursuing another oil and gas industry first.

Lundin to Go Ahead with Rolvsnes EWT
Thursday, April 04, 2019 Lundin Norway agrees to proceed with an extended well test on the Rolvsnes weathered and fractured basement discovery on the Utsira High.

Aramco Reveals Steep Output Dip at Super-Giant Oil Field
Wednesday, April 03, 2019 Now the market finally knows: Ghawar in Saudi Arabia, the world's largest conventional oil field, can produce a lot less than almost anyone believed.

Shale's Growing Pains Could Curb US Oil Production
Tuesday, March 26, 2019 The dramatic ramp-up in U.S. shale production is running into a combination of issues that threaten to slow the pace of expansion.


READ MORE

Finance and Investing

Aramco Sells an Impressive $12 Billion of Bonds
Wednesday, April 10, 2019 The debt offering is one of the most oversubscribed in history.

Aramco Gets $85B Demand for Maiden Bond
Tuesday, April 09, 2019 Oil giant Aramco received a blockbuster $85 billion in orders for its maiden global bond.

The Oil Industry's Wall Street Burden
Friday, March 01, 2019 The battle among analysts between calls for production growth and returns continues.

Pemex Assistance Plan Fails to Impress Bondholders
Friday, February 15, 2019 Pemex, the world's most indebted oil company, will refrain from issuing new bonds this year.

PetroQuest Emerges from Chapter 11 Bankruptcy
Tuesday, February 12, 2019 US independent PetroQuest Energy emerges from Chapter 11 bankruptcy.

Kuwait Petroleum to Reassess $500B Spending Plan
Monday, February 11, 2019 Kuwait Petroleum Corp. is reassessing plans to spend about $500 billion in capital investment and may decide this year to combine its eight business units.


READ MORE

Company Operations

KCA Deutag Wins North Sea Contract Extension
Wednesday, April 24, 2019 The Scott platform. SOURCE: KCA Deutag

Murphy Uses 'War Chest' to Sharpen Deepwater GOM Focus
Wednesday, April 24, 2019 A month after unveiling plans to divest assets in Malaysia, Murphy Oil Co. is sharpening its focus on the deepwater Gulf of Mexico.

Anadarko Tweaked CEO's Potential Payout Before Chevron Deal
Tuesday, April 23, 2019 Anadarko updated terms determining severance payments for senior execs the day before Chevron's $33B buyout offer was announced.

Transocean Semisub Uses Battery-Powered Thrusters
Tuesday, April 23, 2019 Tech designed to save fuel and reduce environmental impact.

Halliburton Positioned to Thrive
Tuesday, April 23, 2019 Halliburton is well positioned to navigate the near-term and thrive in the long run, according to the company's chairman, president and CEO.

Aberdeen Services Firm Hiring After Equity Raise
Monday, April 22, 2019 Aberdeen-based Archer Knight has completed a $649,505 equity raise.


READ MORE