Latest Headlines

  1. Jethro-1 Oil Discovery

    Tullow Oil plc (Tullow) announces the results of its Jethro-1 exploration well, drilled on the Orinduik licence offshore Guyana by its wholly owned subsidiary Tullow Guyana B.V.

  2. Sanchez Energy Takes Action To Strengthen Balance Sheet And Support Long-Term Strategy
  3. API Statement On EPA’s New Proposed Rule For Section 401 Of The Clean Water Act

    Recently, the American Petroleum Institute (API) released a statement regarding the Environmental Protection Agency’s (EPA) new proposed rule for Section 401 of the Clean Water Act (CWA).

  4. Occidental Completes Acquisition Of Anadarko

    Occidental Petroleum Corporation (“Occidental” or “the Company”) recently announced the successful completion of its acquisition of Anadarko Petroleum Corporation (“Anadarko”) (NYSE: APC) in a transaction valued at $55B, including the assumption of Anadarko’s debt.

  5. Performance Pipe Supplies EVX Midstream Partners With High-Temperature Polyethylene Pipe To Transport Produced Water More Sustainably From Eagle Ford Basin

    Performance Pipe, a division of Chevron Phillips Chemical Company LP, announced recently it is supplying EVX Midstream Partners LLC with PlatinumStripe 1800 Series PE-RT Piping to transport produced waste water more sustainably in the Eagle Ford Basin in Texas to multiple saltwater disposal (SWD) facilities.

  6. Waterfield Energy Adds Client To Growing List Of Upstream ERP Customers

    Waterfield Energy, a leading provider of advanced oil and gas software, has added a Dallas-based energy company to their growing list of Upstream ERP customers

  7. United States Sets New Daily Record High For Natural Gas Use In The Power Sector

    The United States likely set a new daily record on Friday, July 19, of 44.5 billion cubic feet (Bcf) for natural gas consumption by electric power plants, according to S&P Global Platts. U.S. power sector natural gas consumption exceeded the previous record of 43.1 Bcf—set on July 16, 2018—on five days in July. Higher-than-normal temperatures and relatively low natural gas prices contributed to increased natural gas consumption by electric generators.

  8. Chevron Reports Second Quarter Net Income Of $4.3B

    Chevron Corporation recently reported earnings of $4.3B ($2.27 per share - diluted) for second quarter 2019, compared with $3.4B ($1.78 per share - diluted) in the second quarter of 2018.

  9. ExxonMobil Earns $3.1 Billion In Second Quarter 2019

    Exxon Mobil Corporation today announced estimated second quarter 2019 earnings of $3.1 billion, or $0.73 per share assuming dilution, compared with $4 billion a year earlier.

  10. RigNet Signs Multiple Long-Term Strategic Agreements With Transocean

    RigNet (NASDAQ: RNET, the company), the leading provider of ultra-secure, intelligent networking solutions, announced today that it has signed two multi-year agreements with Transocean, one of the world’s largest offshore drilling contractors.