Total announces the final investment decision (FID) to develop the Anchor oil field. Additionally, front-end engineering and design (FEED) has begun for the North Platte discovery. Both projects are located in the deepwater U.S. Gulf of Mexico, off the coast of Louisiana.
Chevron Corporation announced today it has sanctioned the Anchor project in the U.S. Gulf of Mexico.
A decline in oil and gas prices has created an optimistic picture for the industrial combustion control components and systems market. Commodity prices have become stable, creating sustainable market opportunities across regions and translating into positive growth in applications of industrial combustion control components and systems.
Chevron announced Tuesday it expects to write down the value of its assets between $10B and $11B this quarter. The second-largest U.S. oil company blamed an age of abundant oil and gas, saying its holdings won’t be profitable anytime soon.
ExxonMobil today issued the following statement in response to the verdict from the Supreme Court of the State of New York: “Today’s ruling affirms the position ExxonMobil has held throughout the New York Attorney General’s baseless investigation.
The American Petroleum Institute (API) issued the following statement after House Democrats announced a deal with the Trump administration to finalize the U.S.-Mexico-Canada Agreement (USMCA), clearing the way for congressional approval of the revised trade pact.
Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to announce it has successfully secured a 100% operated working interest in three new conventional gas exploration contracts in the recent bid round (Proceso Permanente de Asignación de Areas Ciclo 2) administered by Colombia’s hydrocarbon regulatory authority, the Agencia Nacional de Hidrocarburos.
Neodrill, the leader in pre-rig technology solutions, has announced a global cooperation agreement with InterMoor - the global provider of mooring, foundations and subsea installation services.
Jones Energy II, Inc. (OTC: JEII) (“Jones Energy” or the “Company”) today announced that it has entered into a definitive merger agreement to be acquired by Revolution II WI Holding Company, LLC (“Revolution”), an affiliate of Mountain Capital Partners, LP (“Mountain Capital”), in an all-cash transaction valued at approximately $201.5 million.
The Environmental Partnership today marked its second anniversary with continued growth, and now represents more than one-third of U.S. industry’s production with 69 participating oil and natural gas companies.
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