Chevron Donates $500K for Hurricane Relief
Wednesday October 17, 2018 - Chevron announces a contribution of $500,000 from the Chevron Global Community Fund to assist with efforts to recover from the damage done by Hurricane Michael.
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Chevron Donates $500K for Hurricane Relief
Wednesday, October 17, 2018 Chevron announces a contribution of $500,000 from the Chevron Global Community Fund to assist with efforts to recover from the damage done by Hurricane Michael.
Saipem Seals Services Deals Worth $400MM
Monday, October 15, 2018 Saipem signs new offshore engineering and construction contracts in Azerbaijan, the North Sea and the Republic of Congo worth a total of approximately $400 million.
Nine Buys Magnum Oil Tools for About $500MM
Monday, October 15, 2018 Houston-based oilfield services provider Nine Energy Service is acquiring Magnum Oil Tools to enhance its completions technology.
Vista to Build Frac Sand Mine in Oklahoma
Thursday, October 11, 2018 The frac sand mine will serve SCOOP and STACK shale producers.
Wood Creates 1K New Jobs in Last Year
Wednesday, October 10, 2018 Wood's Asset Solutions Americas business created approximately 1,000 new jobs in the last year as a result of securing new midstream sector contracts across the US worth $250 million.
Dallas Cowboys Owner Seeks Shale Gas Deals in Haynesville
Tuesday, October 09, 2018 Dallas Cowboys billionaire owner Jerry Jones is exploring a series of takeovers to expand his Comstock Resources Inc. in the Haynesville.
Northern Oil and Gas Spends $114.8MM on W Energy Partners Buy
Tuesday, October 02, 2018 Northern acquired W Energy Partners assets and a cash and stock deal.
DJR Energy to Acquire $480MM Worth of San Juan Assets from Encana
Monday, October 01, 2018 The deal will provide DJR Energy with 182,000 net acres in the San Juan Basin in New Mexico.
OGCI Sets First Collective Methane Target
Tuesday, September 25, 2018 The Oil and Gas Climate Initiative has set its first collective methane target for member companies.
Shareholders Approve MPC and Andeavor Merger
Tuesday, September 25, 2018 Shareholders of both Marathon Petroleum Corp (MPC) and Andeavor have voted to approve the strategic combination of the 2 companies, MPC reveals.
Emerson Lays Off Paradigm Staff
Tuesday, September 25, 2018 The company tells Rigzone it has reduced its workforce in order to be more efficient.
W&T Offshore to Divest Select Permian Interests
Tuesday, September 25, 2018 W&T Offshore shares an update on its JV drilling program and plans to sell Permian interests for $56.8 million.
BP Launches Skills Refinery to Improve Student Employability
Friday, September 21, 2018 BP launches the Skills Refinery, a new global online portal that aims to improve students' employability.
Riverstone is Planning $900MM Sale of Abaco Energy
Wednesday, September 19, 2018 Riverstone Holdings is preparing to sell oilfield services equipment company Abaco Energy Technologies, which could fetch about $900 million, according to people with knowledge of the matter.
Shell Outlines Methane Emissions Intensity Target for O&G Assets
Monday, September 17, 2018 Royal Dutch Shell plc announces a target to maintain methane emissions intensity below 0.2% by 2025.
Weatherford CEO's Rebound Plan Relies On Getting Smaller
Friday, September 14, 2018 Mark McCollum thinks his push to simplify its sprawling supplier networks and corporate organization will help turn around the company to emerge from the oil price collapse.
SandRidge Energy Rejects Takeover Bids, Saying They Undervalue Company
Monday, September 10, 2018 SandRidge says it ended its strategic review and rejected all bids, saying they undervalued the company.
Driller Transocean Eyes Improved Lease Rates, Activity In 2019
Wednesday, September 05, 2018 Transocean expects rates to lease drilling rigs to improve and contracting activity to pick up in late 2019.
US Shale Producer Magnolia Eyes Tripling In Size
Wednesday, August 29, 2018 Magnolia Oil & Gas Corp aims to at least triple in market valuation in coming years.
US Energy Corp. to Acquire Bakken Assets for $17.8 Million
Wednesday, August 22, 2018 The company entered a MOU to create more opportunities for development and acreage swaps, so it can continue consolidating its leasehold position in the area.
'New Player' Enters Louisiana Austin Chalk
Monday, August 13, 2018 Amelia Resources has sold 40,000 net acres of newly acquired leases in Louisiana Austin Chalk and Louisiana-Mississippi (LAMS) Stack plays to an 'undisclosed US-based buyer.'
ConocoPhillips to Cut US Staff in September
Monday, August 13, 2018 Oil and gas producer ConocoPhillips will be implementing modest workforce reductions.
Permian Producer Occidental Raises CAPEX Budget, Investors Balk
Thursday, August 09, 2018 Occidental Petroleum says it was raising its capital spending sharply but it maintained a tepid production forecast for the year.
Kosmos Energy Expands into Gulf of Mexico with $1.23 bln DGE Buy
Monday, August 06, 2018 Kosmos Energy has agreed to acquire Deep Gulf Energy (DGE) from its private equity owner for $1.23 billion, expanding the deepwater oil and gas firm's operations into the Gulf of Mexico.
Schlumberger Appoints Shale Innovator Mark Papa to Board
Monday, August 06, 2018 Schlumberger appointed shale pioneer Mark Papa and energy researcher Tatiana Mitrova to its board of directors, according to a filing with the U.S. Securities and Exchange Commission.
Noble Energy Gives In to Permian and Transport Challenges, Shares Fall
Friday, August 03, 2018 Noble Energy Inc said on Friday it would shift some investments outside of the Permian Basin and cut back on planned well completions.
Feds Drop Obama-era ExxonMobil Probe
Friday, August 03, 2018
ConocoPhillips to Sell Barnett Assets
Thursday, August 02, 2018 ConocoPhillips enters into an agreement to sell its interests in the Barnett shale play to Lime Rock Resources.
Harvest Midstream to Purchase Assets from Williams for More than $1B
Tuesday, July 31, 2018 The deal is one of two made by Williams Cos. in the same day that will see Williams exiting the Four Corners region.
Frac Sand Producer US Silica Forecasts Strong Second Half
Tuesday, July 31, 2018 US Silica Holdings Inc's forecast an upbeat second half of the year on strong demand.
Diamond Offshore Posts Smaller-Than-Expected Loss On Lower Costs
Monday, July 30, 2018 Diamond Offshore Drilling posts a smaller-than-expected loss.
Saudi Aramco Weighing Global Bond Sale for First Time
Friday, July 27, 2018 If Aramco goes ahead with an international bond, the sale would force it to disclose its accounts to investors for the 1st time since nationalization 4 decades ago.
BHP Agrees to Sell US Onshore Assets for $10.8B
Friday, July 27, 2018 BHP has entered into agreements for the sale of its entire interests in the Eagle Ford, Haynesville, Permian and Fayetteville onshore US oil and gas assets for a combined base consideration of $10.8 billion.
Weatherford Posts Smaller-Than-Expected Loss On Higher Drilling
Friday, July 27, 2018 Weatherford International reported a smaller-than-expected loss.
Baker Hughes: US Drillers Add Oil Rigs For First Week In Three
Friday, July 27, 2018 US energy companies this week added oil rigs for the first time in the past three weeks.
ConocoPhillips Boosts 2018 Spending, Production Outlook
Thursday, July 26, 2018 ConocoPhillips posts better-than-expected quarterly profit thanks to rising crude prices.
Hess Loss Shrinks As Higher Oil Prices Offset Falling Output
Wednesday, July 25, 2018 Hess posts a smaller-than-expected quarterly loss, as higher crude prices offset an unexpected drop in production.
UK Subsea Services Company Announces Plans to Double Workforce
Monday, July 23, 2018 UK-based Rovco, a subsea ROV and hydrographic company, announced Monday plans to double its workforce as it prepares for global expansion.
US Drilling Companies Announce Merger Agreement
Friday, July 20, 2018 Independence Contract Drilling Inc. and Sidewinder Drilling LLC have entered into a definitive merger agreement.
Schlumberger, Baker Hughes Set Sights on 'Healthy' 2H
Friday, July 20, 2018 Schlumberger and Baker Hughes have their sights set in different directions as they move into the second-half of 2018.
Baker Hughes: US Drillers Cut Rigs By Most Since March This Week
Friday, July 20, 2018 US energy companies this week cut oil rigs by the most in a week since March.
BP Named One of Best Employers for LGBT Staff
Thursday, July 19, 2018 BP plc has been named on Stonewall's list of the best multinational employers for lesbian, gay, bi and trans (LGBT) staff.
BHP: Exit Process for Onshore US Assets Progressing to Plan
Wednesday, July 18, 2018 BHP says the exit process for its onshore US assets is 'progressing to plan'.
Total Completes Acquisition of Engie's Upstream LNG Business for $1.5B
Friday, July 13, 2018 Total completes the acquisition of Engie's portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.5 billion.
Automation in Oil and Gas: An Ally, Not an Enemy
Friday, July 13, 2018 Automation can be a solution to the problem of an ageing workforce.
Seadrill Emerges From Chapter 11 Bankruptcy
Monday, July 02, 2018 Seadrill says it successfully completed its reorganization, emerging from a US Chapter 11 bankruptcy process launched last September.
Sandridge To Explore Strategic Options, Including Sale
Friday, June 29, 2018 U.S. shale oil producer SandRidge Energy Inc says it plans a strategic review of its business that could include a sale of the company or some of its assets.
Activist Investor Icahn Raises Stake In Oil Producer Energen
Tuesday, June 26, 2018 Activist investor Carl Icahn boosts his stake in Energen Corp, a filing shows on Tuesday.
Atkins Secures New Framework Contract with BP Global Wells Organization
Monday, June 25, 2018 Atkins, a member of the SNC-Lavalin Group, secures a 5-year framework contract with the BP global wells organization for global riser analysis services.
Icahn Is Said to Have Won Control of Board at SandRidge
Tuesday, June 19, 2018 Activist investor Carl Icahn has won control of SandRidge's board based on preliminary results, according to sources.
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