Blog

Baker Hughes has secured a significant award from ExxonMobil Guyana to provide specialty chemicals and related services for its Uaru and Whiptail offshore greenfield developments in Guyana’s prolific Stabroek Block. The announcement was […]

Ecopetrol S.A. announced that its U.S. subsidiary, Ecopetrol Permian, has reached an agreement with Occidental Petroleum (OXY) to extend its development plan of Rodeo Midland Basin LLC under the joint-venture first established in July 2019.  […]

(Bloomberg) – Oil rose in late trading after U.S. President Trump said the U.S. would impose tariffs on imports of crude, a move that threatens to disrupt flows across North America’s tightly integrated energy market. […]

Crescent Energy Company announced the closing of its acquisition of Central Eagle Ford assets from Ridgemar Energy for upfront consideration of $905 million, consisting of $830 million in cash and 5,454,546 shares of […]

(Bloomberg) – Chevron Corp. plans to increase oil production by as much as 10% in the Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.  […]

Halliburton announced a contract award from Petrobras for integrated drilling services across several offshore fields in Brazil, the result of a competitive process. The contract scope includes drilling services for development and exploration wells over […]