Blog - MyPetroCareer

bp appoints former U.S. shale boss to board as part of strategy shift

Image: Devon Energy (Bloomberg) – bp Plc appointed oil industry veteran Dave Hager to the board, bolstering its efforts to refocus on fossil fuels and keep investors on side. Hager has been in […]

Drilling waste specialist TWMA reports good quarter, due to utilization of RotoMill technology

Specialist drilling waste management company, TWMA*, has published its first quarter results for 2025, including revenue of $16.4million and EBITDA of $4.1m. The results follow a period of progress on key Group strategic initiatives, positioning […]

NUPRC welcomes ENSERV, emphasises strategic collaboration

*NUPRC Commission Chief Executive Gbenga Komolafe Oritsegbubemi Omatseyin Lagos — In a pivotal meeting held in Abuja, the Nigerian Upstream Petroleum Regulatory Commission, NUPRC,and NNPC Energy Services, ENSERV, have agreed to enhance their collaboration in […]

Natural gas bulls should bemoan Indonesia’s coal export blues

*Coal export terminal Littleton, Colorado —Developers and exporters of natural gas should be alarmed by the dour state of thermal coal exports coming out of Indonesia. The world’s largest thermal coal exporter is on course […]

News

EOG takes leading Utica position with $5.6 billion Encino deal

EOG Resources today announced a definitive agreement to acquire Encino Acquisition Partners (EAP) for $5.6 billion. The deal positions EOG as a leading Utica E&P company, adding 675,000 net acres for a combined 1,100,000 acres, […]

Tinubu issues Executive Order to slash oil production costs

*Olu Verheijen Mkpoikana Udoma Port Harcourt — In a major policy move aimed at revitalizing Nigeria’s upstream oil and gas sector, President Bola Ahmed Tinubu has signed the Upstream Petroleum Operations Cost Efficiency Incentives Order, […]

Chevron to cut nearly 800 jobs in Texas Permian basin

(Bloomberg) — Chevron Corp. plans to lay off nearly 800 employees in the Permian basin, its biggest oil-production operation globally. The bulk of the reductions will come from Chevron’s Midcontinent campus on the […]

NLNG launches Train-7 Human Capacity Development BTSP in Rivers

*NLNG Train-7 project’s Human Capital Development, HCD, Basic Training Supplementary Programme. Mkpoikana Udoma Port Harcourt — The Nigeria LNG Limited has affirmed its commitment to youth empowerment and local content development with the official launch […]

Shell to buy TotalEnergies’ stake in Nigeria deepwater field for $510 million

TotalEnergies has signed an agreement with Shell to sell its 12.5% interest in the Bonga oil field, offshore Nigeria, for $510 million. The OML118 Production Sharing Contract (PSC) is located deep offshore at ~74 mi […]

TotalEnergies sells 12% Bonga oilfield stake to Shell for $510m

*A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. REUTERS/Sarah Meyssonnier/File Photo News wire — French oil major […]