Blog - MyPetroCareer

Gov. Newsom proposes to ease permits for oil drilling in California

(Bloomberg) — California Governor Gavin Newsom is proposing a bill to streamline permitting for new oil wells that environmental groups say would wipe out scrutiny of the industry. California Governor Gavin Newsom The […]

Texas upstream employment declined in June, new TIPRO report says

Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a decrease in upstream […]

‘Africa deserves equal energy investment opportunities’

*Heineken Lokpobiri Mkpoikana Udoma Port Harcourt — Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has called on the international community to extend the same energy investment opportunities to Africa as are […]

Axxela expands gas pipeline network in Rivers State

*Axxela personnel monitoring gas pressure valve. Oritsegbubemi Omatseyin Lagos — Axxela Limited, through its subsidiary Central Horizon Gas Company Limited, CHGC, has commissioned an additional 5.1km natural gas pipeline infrastructure as part of its strategic […]

News

Exxon responds to arbitration ruling

ExxonMobil released a formal statement on Friday following a ruling by the International Chamber of Commerce (ICC) Tribunal related to its contractual dispute with Hess Corporation over interests in the Stabroek Block offshore Guyana. […]

SLB predicts industry resiliency in second half of 2025

(Bloomberg) — SLB, the world’s largest oil-services provider, sees resiliency in the industry and remains constructive about the second half of 2025 despite uncertainties in customer demand. “Despite pockets of activity adjustments […]

Analysts on Chevron winning arbitration over Exxon in Hess deal

“We see this transformative project driving meaningful production growth for at least the next three to five years, adding substantial new heft on the liquids side from Guyana, the Permian, and Gulf of Mexico. CVX […]

RMAFC queries Sterling Oil over CSR, gas flaring in Anambr

*Gas flaring jumps Mkpoikana Udoma Port Harcourt — The Revenue Mobilization Allocation and Fiscal Commission, RMAFC, through its Investment Monitoring Committee, has summoned the Sterling Oil Exploration & Energy Production Company, SEEPCO, over alleged lapses […]

bp sells U.S. onshore wind business, continuing pivot back to oil and gas

(Bloomberg) — bp Plc has agreed to sell its U.S. onshore wind business to LS Power, as the company continues efforts to pivot back toward its core oil and gas business and reverse years of […]

Chevron completes $53 billion Hess takeover following lengthy Exxon arbitration

Chevron has completed its $53 billion acquisition of Hess Corporation, having prevailed in an arbitration against ExxonMobil regarding Hess’ offshore Guyana assets, which had delayed the takeover for over a year. offshore operations […]