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02Apr0 comments
Earthstone acquires additional Midland basin assets
Earthstone Energy agreed to acquire operated Midland basin assets from Tracker Resource Development III LLC and an affiliate, and from…
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01Apr0 comments
EIA: US crude inventories down 900,000 bbl
US crude oil inventories for the week ended Mar. 26, excluding the Strategic Petroleum Reserve, decreased by 900,000 bbl from…
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01Apr0 comments
PGNiG, Naftogaz sign MoU for potential gas production in Ukraine
PGNiG and the Naftogaz Group, Ukraine’s national oil and gas company, signed a memorandum of understanding regarding cooperation in exploration…
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25Mar0 comments
Ovintiv to sell Eagle Ford assets for $880 million
Ovintiv Inc., Denver, agreed to sell its Eagle Ford assets to Validus Energy for $880 million, exceeding its $1 billion…
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25Mar0 comments
EIA: US crude inventories up 1.9 million bbl
US crude oil inventories for the week ended Mar. 19, excluding the Strategic Petroleum Reserve, increased by 1.9 million bbl…
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25Mar0 comments
Petrobras starts binding phase of Albacora, Albacora Leste sale
Petróleo Brasileiro SA (Petrobras) has started the binding phase of the sale of all of its stakes in the Albacora…
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25Mar0 comments
Novatek wins North-Gydanskiy license
A subsidiary of Novatek, has won an auction for geological survey, exploration, and production license for the North-Gydanskiy subsoil area…
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20Mar0 comments
Blue Energy signs gas supply deal with Origin Energy
Blue Energy Ltd., Brisbane, has executed a non-binding heads of agreement with Origin Energy Ltd., Sydney, to supply up to…
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19Mar0 comments
Equinor awards North Sea decommissioning contracts
Equinor Energy AS has let a contract to Heerema Marine Contractors Nederland SE for removal, dismantling, and recycling of topsides…
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18Mar0 comments
EIA: US crude inventories up 2.4 million bbl
US crude oil inventories for the week ended Mar. 12, excluding the Strategic Petroleum Reserve, increased by 2.4 million bbl…
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13Mar0 comments
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13Mar0 comments
Rystad: Ramp up in Guyana exploration activity expected
Despite a recent exploration disappointment in ExxonMobil-operated Canje block, exploration activity in Guyana is expected to rebound with an annual…
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13Mar0 comments
BP withdraws from Caspian development negotiations
BP has withdrawn from negotiations on development of certain projects in the Kazakh sector of the Caspian Sea.
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12Mar0 comments
Petronas, ADNOC to explore upstream, downstream collaboration
Petronas signed a strategic framework agreement with ADNOC to explore opportunities for collaboration across the upstream and downstream sectors as…
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11Mar0 comments
EIA: US crude inventories up 13.8 million bbl
US crude oil inventories for the week ended Mar. 5, excluding the Strategic Petroleum Reserve, increased by 13.8 million bbl…
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09Mar0 comments
PetroNeft acquires additional interest in West Siberia license
PetroNeft Resources PLC has completed the acquisition of an additional 40% interest in operated License 67 in the Tomsk Oblast…
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09Mar0 comments
SDX secures extension for West Gharib production services agreement
SDX Energy PLC has received final approval from the Egyptian authorities to the production services agreements governing its producing Meseda…
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04Mar0 comments
EIA: US crude inventories up 21.6 million bbl
US crude oil inventories for the week ended Feb. 26, excluding the Strategic Petroleum Reserve, increased by 21.6 million bbl…
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03Mar0 comments
Petronas launches Malaysia bid round 2021
Petronas launched Malaysia Bid Round (MBR) 2021 through a virtual event Feb. 26, with investors streaming live from North America,…