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News Ticker
  • [ June 23, 2025 ] Although oil prices remain capped, some effects on market from Israeli-Iran conflict are noticeable News
  • [ June 23, 2025 ] Oil market braces for surge following U.S. airstrikes on Iran News
  • [ June 22, 2025 ] SBM to become first FPSO operator in Suriname with TotalEnergies’ contract win News
  • [ June 22, 2025 ] Military efforts slash crude oil theft, as Minister hails Armed Forces News
  • [ June 22, 2025 ] NNPCL, UTM FLNG seek speedy FID on 1.8m tonnes project News
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Laredo Oil commences exploratory drilling in Montana West Fork field

Laredo Oil, Inc., an oil exploration and production company with over 30,000 net acres of mineral rights in the West Fork field located north of the Fort Peck reservation in Montana, today announced that it […]

News

Varel Energy Solutions acquires Ace Well Technology, strengthening completions portfolio

Varel Energy Solutions (VES) has acquired Ace Well Technology (ACE), an international leader in the supply of oilfield casing, cementing and completion products. This transaction strengthens VES’s robust portfolio of primary cementing equipment, […]

News

Halliburton, Coterra launch first fully automated hydraulic fracturing program

Halliburton and Coterra Energy announced the launch of autonomous hydraulic fracturing technology in North America with the Octiv® Auto Frac service, which is part of the ZEUS platform. This technology automates stage delivery execution with […]

News

Final Section 45V regulations will expand opportunity for natural gas, CCS, says API

The American Petroleum Institute (API) has released a statement regarding the U.S. Department of the Treasury’s final regulations for the Section 45V Clean Hydrogen Production Tax Credit. “Clear, consistent policy is essential for […]

News

Biden offshore drilling ban “significant and catastrophic,” says IPAA

The Independent Petroleum Association of America (IPAA) have responded to the announcement of the Biden Administration’s plan to remove millions of acres of U.S. oceans from potential oil and gas drilling, barring the sale of […]

News

First gas achieved at Greater Tortue Ahmeyim LNG project, offshore West Africa

Kosmos Energy notes the announcement from bp plc (operator) that first gas production has been achieved at the Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project offshore Mauritania and Senegal. On December 31, 2024, […]

News

Biden moves to ban more offshore drilling in final weeks in White House

Jennifer A. Dlouhy January 02, 2025 (Bloomberg) – President Joe Biden is preparing to issue a decree permanently banning new offshore oil and gas development in some U.S. coastal […]

News

Honoring Steven B. Hinchman, IPAA’s 43rd Chairman of the Board

The Independent Petroleum Association of America (IPAA) today shared unfortunate news of the passing of Steven B. Hinchman (Steve), the association’s 43rd Chairman of the Board, and steadfast leader during challenging pandemic times. IPAA President […]

News

Tullow gains following legal victory in $320 million Ghana tax case

(Bloomberg) – Tullow Oil Plc gained after an international body found it wasn’t liable for a $320 million tax assessment in Ghana, where its key oil assets are located. The International Chamber of […]

News

CNOOC begins production from Panyu oilfield, South China Sea

CNOOC and 80883 announce that Panyu 11-12 Oilfield/Panyu 10-1 Oilfield/Panyu 10-2 Oilfield Adjustment Joint Development Project has commenced production. The project is located in eastern South China Sea, with an average water depth […]

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Recent News

  • Although oil prices remain capped, some effects on market from Israeli-Iran conflict are noticeable

    Although oil prices remain capped, some effects on market from Israeli-Iran conflict are noticeable

    June 23, 2025
  • Oil market braces for surge following U.S. airstrikes on Iran

    Oil market braces for surge following U.S. airstrikes on Iran

    June 23, 2025
  • SBM to become first FPSO operator in Suriname with TotalEnergies’ contract win

    SBM to become first FPSO operator in Suriname with TotalEnergies’ contract win

    June 22, 2025
  • Military efforts slash crude oil theft, as Minister hails Armed Forces

    Military efforts slash crude oil theft, as Minister hails Armed Forces

    June 22, 2025
  • NNPCL, UTM FLNG seek speedy FID on 1.8m tonnes project

    NNPCL, UTM FLNG seek speedy FID on 1.8m tonnes project

    June 22, 2025
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