Latest Headlines

  1. Calpine, ExxonMobil Sign CO2 Transportation And Storage Agreement For Power Generation Project 4/23/2025

    Exxon Mobil Corporation announced an agreement with Calpine Corporation, the nation’s largest producer of electricity from natural gas, to transport and permanently store up to 2 million metric tons per annum (MTA) of CO2 from Calpine’s Baytown Energy Center, a cogeneration facility near Houston.

  2. Last Mile Production, LLC Achieves 300% Production Growth And 70% Emissions Reduction With Enovate AI 4/23/2025

    Last Mile Production, LLC, a forward-thinking independent oil and gas operator in West Texas, has reported transformative results following the deployment of Enovate AI’s 3-Clicks Digital Strategy in collaboration with B4ECarbon, the emissions management platform developed by Blockchain for Energy.

  3. Sulzer And Manweir Sign 10-Year Strategic Service Partnership In Qatar 4/22/2025

    Sulzer has partnered with Manweir WLL, a leading engineering services provider, the oil & gas arm of Mannai, to enhance the availability and quality of rotating equipment repairs and services across Qatar.

  4. Halliburton Announces First Quarter 2025 Results 4/22/2025

    Halliburton Company announced today net income of $204M, or $0.24 per diluted share, for the first quarter of 2025.

  5. BW Energy: Appraisal Well Confirms Potential For Future Bourdon Development Cluster 4/22/2025

    BW Energy is pleased to announce that second sidetrack DBM-1 ST2 well has confirmed the substantial oil discovery with good reservoir and fluid quality of the Bourdon prospect in the Dussafu Licence offshore Gabon, announced on 7 March 2025.

  6. Chevron Starts Oil Production From Ballymore Project In Gulf Of America 4/21/2025

    Chevron Corporation announced today that it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. Ballymore, the latest in a series of Chevron projects to start up in the past year, represents another step towards the company’s goal to produce 300,000 net barrels per day of oil equivalent from the Gulf in 2026.

  7. Wood Selected By TotalEnergies To Advance Ratawi Field Redevelopment In Iraq 4/21/2025

    Wood, a global leader in consulting and engineering, has been awarded two new engineering and procurement framework agreements worth $11M by TotalEnergies EP Ratawi Hub as part of the Gas Growth Integrated Project (GGIP), a multi-energy project designed to enhance the development of Iraq’s natural resources and improve the country’s electricity supply at the Ratawi field in Iraq.

  8. Weatherford And AIQ Sign Strategic Partnership To Accelerate Efficiency In Energy Production 4/21/2025

    Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced it has signed a strategic Memorandum of Understanding (MOU) with AIQ, the Abu Dhabi-based artificial intelligence (AI) champion developing innovative solutions for the energy sector.

  9. Texas Upstream Employment Declines In March Amid Market Volatility 4/18/2025

    Citing the latest Current Employment Statistics (CES) report from the U.S. Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) today highlighted new employment figures showing a reduction in upstream employment in Texas in the month of March.

  10. API: New Offshore Leasing Program 'A Big Step Forward For American Energy Dominance' 4/18/2025

    The American Petroleum Institute today released the following statement from Vice President of Upstream Policy Holly Hopkins after Secretary of the Interior Doug Burgum directed the Bureau of Ocean Energy Management to begin developing a new schedule for offshore oil and gas lease sales on the U.S. Outer Continental Shelf.