trends

(Bloomberg) – Liberty Energy Inc., one of the biggest U.S. fracing companies, expects most producers to stick with their production plans as long as crude prices can hang on near current levels.  “If oil stayed […]

(Bloomberg) – Iraq plans to cut oil exports next month as OPEC+ presses members to adhere to production targets, according to an official with knowledge of the matter. OPEC’s second-largest producer aims to […]

Vista Energy has acquired Petronas’ 50% stake in a region of the Vaca Muerta shale basin in a deal valued at $1.5 billion USD. The purchase price is comprised of US$ 900 million […]

MODEC, a leading floating solutions provider in the global FPSO industry, has opened its new execution center in Kuala Lumpur, affirming its commitment to Malaysia as a strategic hub for regional business operations […]

TotalEnergies has signed a Sales and Purchase Agreement (SPA) with NextDecade to buy 1.5 million tons per annum (Mtpa) of liquefied natural gas (LNG) from the future Train 4 liquefaction unit at the Rio Grande […]

BW Energy has made its final investment decision (FID) for the Golfinho Boost project, aiming to increase uptime, reduce operating expenses and add approximately 3,000 barrels per day of incremental oil production from 2027 at […]

bp today announced an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America/Gulf of Mexico. bp drilled the exploration well in Green Canyon Block 584, located in western […]

(Bloomberg) – Chevron Corp. was ordered to return nearly 1 million barrels of Venezuelan oil to Petroleos de Venezuela SA in a blow to the oil major, which was working to secure crude before wrapping […]

Energy Transfer has signed a Heads of Agreement (HOA) with MidOcean Energy to jointly develop the Lake Charles LNG project in Louisiana, the companies announced this week. Under terms of the non-binding agreement, […]

Nabors Drilling Technologies and Corva AI announce the expansion of their strategic alliance, reinforcing the shared vision to accelerate digital transformation in the drilling industry. Building on the strategic alliance, Nabors and Corva are extending their […]