Blog - MyPetroCareer

Rising Phoenix Capital expands Midland basin footing with strategic acquisition

Rising Phoenix Capital, an investment firm specializing in oil and gas mineral royalty acquisitions, today announced a new strategic acquisition in the Midland basin. The mineral rights, located in Ector and Midland Counties, […]

Trump hints at sanctions for Russian crude, oil prices go up

(Bloomberg) – Oil gained Friday as traders braced for fresh U.S. efforts to crimp Russian energy exports. West Texas Intermediate advanced almost 3% to settle above $68 a barrel after President Donald Trump […]

Santos, Xecta deploy industry-first digital oilfield project across Australia, Papua New Guinea

Houston-based technology company Xecta has expanded its partnership with global energy company Santos to scale the deployment of the Integrated Production System Model (IPSM) across the company’s assets in Eastern Australia and Papua New Guinea. […]

Russia’s Novatek says Q2 gas output up 2.8% y/y

A picture shows the logo of Russian gas producer Novatek during the World Gas Conference exhibition in Paris on June 2, 2015. AFP PHOTO / ERIC PIERMONT (Photo credit should read ERIC PIERMONT/AFP/Getty Images) Moscow […]

Russia plans to compensate for oil overproduction in August-September

Novak was also quoted as saying that the government was still discussing a possible complete gasoline export ban and that the decision depended on market prices in the next few days. Russia has to compensate […]

Perenco acquires Trinidad producing assets from Woodside Energy

Perenco has completed its acquisition of the Greater Angostura producing oil and gas assets and associated production facilities from Woodside Energy in Trinidad & Tobago, the company announced Friday. The finalization of the deal, combined […]

Gazprom, CNPC discuss future Russian gas supplies to China

Russia, the holder of world’s largest gas reserves, has diverted oil supplies from Europe to India and China since the start of the conflict in Ukraine in February 2022. At the same time, Russia’s diversification […]

News

Proposed oil spill response will measure rate of evaporation

ASTM International is developing a standard (WK92298) that will provide a procedure to measure the rate of evaporation of oil over time and with temperature, the company announced. The test method aims to measure the […]

Activists demand constitutional review to tackle oil pollution

*Afieyegha Seiyefa, a fisherwoman shows her hands stained by oil, following an oil spill at Santa Barbara in Nembe, in Bayelsa, Nigeria, November 25, 2021. Picture taken November 25, 2021. REUTERS/Temilade Adelaja – Strengthen climate […]

Mach enters Permian, San Juan basins with $1.3 billion in acquisitions

Mach Natural Resources today announced its expansion into the Permian and San Juan basins with two acquisitions valued at a total of $1.3 billion. The assets purchased from Sabinal Energy and IKAV Energy will nearly […]