(WO) — Diamondback Energy announced that it has closed its merger with Endeavor Energy Resources, the company said on Sept. 10. RELATED: Diamondback Energy, Endeavor Energy create “largest” Permian oil and gas operator with $26 billion […]
(WO) — The Texas Alliance of Energy Producers (the Alliance) board of directors has appointed Karr Ingham as the organization’s new president, effective July 1, 2024. “Karr’s extensive experience and unwavering commitment to our mission […]
*An employee looks out over the illuminated petroleum cracking complex at the Lukoil-Nizhegorodnefteorgsintez oil refinery, operated by OAO Lukoil, in Nizhny Novgorod, Russia, on Thursday, Dec. 4, 2014. (Andrey Rudakov/Bloomberg via Getty Images.) Moscow — […]
“Everyone is in a state of shock,” said a source in one of the affected companies, who spoke on condition of anonymity due to the sensitivity of appearing to criticise the president. “This initiative came […]
(WO) — The Independent Petroleum Association of America (IPAA) has expressed support for the U.S. Senate’s passage of H.R. 7377, the “Royalty Resiliency Act.” Sponsored by Congressman Wesley Hunt (TX-38), the bill seeks to address […]
(WO) — bp has chosen ABS to support its deepwater Kaskida project in the Gulf of Mexico. ABS will provide classification and engineering verification for the project’s new semisubmersible production unit. “ABS is […]
*Shell Petroleum Development Company Abuja — Nigerian communities are claiming 505 billion naira ($310 million) in damages from Shell, which they accuse of breaching an existing court order by striking a deal to sell its […]
Softer gasoline prices, resulting largely from weaker fuel demand and sliding oil prices, are a relief for consumers who have struggled with record high fuel costs that have stoked inflation. Lower prices could also help […]
(WO) — At the Asia Pacific Petroleum Conference (APPEC) in Singapore this week, traders were generally bearish, with many predicting oil prices could drop to $60 per barrel, despite Brent crude falling below $70, according […]
NCDMB Executive Secretary, Engr. Felix Omatsola Ogbe (left) and Abia State governor, Dr Alex Otti, during the meeting over industrial park Oritsegbubemi Omatseyin Lagos — The Executive Secretary of the Nigerian Content Development and Monitoring Board, […]
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