Latest Headlines

  1. ExxonMobil Expands Low-Emissions Technology Research With Universities In India

    ExxonMobil said recently that it has signed agreements with the Indian Institute of Technology locations in Madras and Bombay, further expanding its extensive portfolio of research collaboration with India’s universities.

  2. University Of Wyoming’s Center Of Excellence In Produced Water Management Receives DOE Grant

    Dr. Jonathan Brant, Director & Research Lead, Civil and Architectural Engineering at the Center of Excellence in Produced Water Management (CEPWM) at the University of Wyoming announced their new grant from the Department of Energy to develop technology to clean oilfield produced/by-product water.

  3. Parsley Energy Announces Acquisition Of Jagged Peak Energy In All-Stock Transaction; Modest Premium Acquisition Enhances 2020 Free Cash Flow

    Parsley Energy, Inc. (NYSE: PE) ("Parsley," or "Parsley Energy") and Jagged Peak Energy Inc. (NYSE: JAG) ("Jagged Peak") today announced they have entered into a definitive merger agreement under which Parsley will acquire Jagged Peak in an all-stock transaction valued at approximately $2.27 billion, including Jagged Peak's net debt of approximately $625 million as of June 30, 2019.

  4. Total Expands Its Strategic Partnership With Adani To Supply And Market Natural Gas In India

    As part of its strategy to develop new gas markets, Total, the world's second-largest LNG player, expands its partnership with the Adani Group; the largest energy and infrastructure conglomerate in India, to contribute to the development of the Indian natural gas market.

  5. Neptune Energy Acquires North Sea Assets From Energean

    Neptune Energy recently announced it has entered into a conditional Sale and Purchase Agreement with Energean Oil and Gas (“Energean”) to acquire Edison E&P’s UK and Norwegian producing, development and exploration assets for an initial cash consideration of $250M.

  6. SIMMONS EDECO Completes Drilling Campaign In Mexico

    SIMMONS EDECO, a leading supplier of onshore drilling and workover services to the global oil and gas industry, recently announced that it has completed an onshore drilling campaign for a major oilfield services company in Mexico.

  7. Strong Caley Oil Flow Advances Dorado

    Santos recently announced that the initial flow test of the Caley reservoir from the Dorado-3 appraisal well has confirmed the main oil pool in the field is capable of producing flow rates at the higher end of pre-drill expectations.

  8. Halliburton Awarded License For Gravel Pack Completions

    Halliburton announced recently that it was awarded an international license for ExxonMobil’s patented Non-Aqueous Fluid Gravel Packing (NAFPac) technique for gravel pack completions.

  9. Weatherford Awarded Multiyear Deals, Will Drill Development Wells, Provide Well Services For Multinational Operator In Iraq

    Weatherford International plc announced it has been awarded two fully integrated rig contracts and one well services (through-tubing intervention) contract with a multinational operator in one of the world’s largest proven oil fields located in Iraq.

  10. API And AFPM Joint Statement On The Administration's Changes To U.S. Biofuel Mandate

    American Petroleum Institute (API) President and CEO Mike Sommers and American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson today released the following statement on the Trump Administration’s intent to significantly increase the 2020 U.S. biofuel mandate.