News

Operators have been able to accelerate production and reduce costs by completing multiple wells at once rather than sequentially, the U.S. Energy Information Administration said.
Cavvy Energy said its common shares will begin trading on the Toronto Stock Exchange under the ticker “CVVY” when markets ...
The Leucipa ESP Optimizer was recognized with the Spotlight on New Technology award at the Offshore Technology Conference.
BWX Technologies’ Robb A. LeMasters has stepped down from his roles as executive vice president and CFO. The company named ...
U.S. upstream M&A activity reached $2.3 billion in April, defying a sharp 12% collapse in oil prices. Natural gas-driven ...
Algeria’s National Agency for the Valorization of Hydrocarbon Resources (ALNAFT) is launching a program to revitalize its upstream hydrocarbon sector.
The $12 billion deal positions NRG to capitalize on a power-hungry future driven by data centers and grid strain.
Chord Energy has drilled three 4-mile laterals in the middle Bakken and is closely tracking results from the first now online ...
The proposal from the House Committee on Energy and Commerce contains $1.32 billion to purchase oil to help replenish the Strategic Petroleum Reserve and $218 million for maintenance of the facility.
The fund, called Aligned Solar Partners 6 LP (ASP6), acquires construction-ready distributed solar projects from development ...
In the deal, Enbridge, which did not have a stake in the Matterhorn Express, agreed to buy a 10% stake in the line for $300 million, according to company statements. The Matterhorn has a designed ...
Occidental Petroleum’s cash flow improvements are expected as spending falls for projects, such as 1PointFive’s Stratos ...