trends

(WO) – In a quarterly financial update, Granite Ridge Resources revealed it closed multiple transactions in Q2 2024, adding 16.4 net future drilling locations for $22.4 million (including $5.8 million of expected future drilling carries). […]

(Bloomberg) – Argentina’s state-run oil company, YPF SA, is moving to sell several business units and stakes as a divestment plan aimed at focusing its efforts on heralded shale patch Vaca Muerta gathers steam. […]

(WO) – Halliburton has been awarded a contract by Petrobras to provide a full range of services in Brazil for integrated well interventions and plug and abandonment for offshore wells. This multi-year contract is set […]

(WO) – PETRONAS has achieved outstanding successes in its exploration and appraisal activities in both Peninsular Malaysia and internationally, during the first half of 2024. PETRONAS has achieved success offshore Suriname with the […]

(WO) – World Oil and its parent, Gulf Energy Information, are excited to announce the finalists for the 2024 Gulf Energy Information Excellence Awards! These outstanding companies and individuals have demonstrated exceptional innovation and leadership […]

(Bloomberg) – Occidental Petroleum Corp. raised its production and capital spending plans for this year after closing its $10.8 billion acquisition of CrownRock LP earlier this month. The CrownRock deal increases Occidental’s footprint […]

(WO) ― Carbon dioxide utilization can play an important role in the future net-zero emissions economy by providing a sustainable foundation for essential carbon-based products, says a new congressionally mandated report from the National Academies […]

(WO) – In a recent financial update, Talos energy revealed it acquired an over 20% stake in a significant deepwater discovery offshore the U.S. in the Gulf of Mexico. Additionally, Talos provided production and exploration […]

(WO) – Shell has selected Wood to deliver pre-FEED services for Oman’s innovative ‘Blue Horizons’ project. The project will produce low carbon blue hydrogen and ammonia for local and international markets and will […]

(Bloomberg) – Moves from Congress are likely to be more important to building out U.S. oil and gas projects than policy from the White House, according to the top executive at pipeline operator Williams Cos. […]