Latest Headlines

  1. MOL Group Agrees To Purchase A 9.57% Stake In Azerbaijan’s ACG Field And 8.9% In The BTC Pipeline

    MOL has signed an agreement with Chevron Global Ventures Ltd and Chevron BTC Pipeline, Ltd to acquire their non-operated E&P and mid-stream interests in Azerbaijan, including a 9.57% stake in the Azeri-Chirag-Gunashli (“ACG”) oil field, and an effective 8.9% stake in the Baku-Tbilisi-Ceyhan (“BTC”) pipeline that transports the crude to the Mediterranean port of Ceyhan, for total consideration of USD 1.57bn (subject to adjustments at closing).

  2. ExxonMobil Earns $3.2B In Third Quarter 2019

    Exxon Mobil Corporation recently announced estimated third quarter 2019 earnings of $3.2B, or $0.75 per share assuming dilution.

  3. API-Michigan Applauds Court Of Claims Decision To Approve Line 5 Tunnel

    API-Michigan released the below statement on the Michigan Court of Claims’ ruling that Enbridge Energy should be able to build a new tunnel to house the Line 5 pipelines.

  4. Oil And Gas Wastewater Used For Irrigation May Suppress Plant Immune Systems

    The horizontal drilling method called hydraulic fracturing helps the United States produce close to 4 billion barrels of oil and natural gas per year, rocketing the U.S. to the top of oil-producing nations in the world.

  5. U.S.-Mexico Cross-Border Natgas Dealmakers Gather In San Antonio To Examine Latest Market Developments And Conclude Transactions To Meet Growing Natgas Demand In Mexico

    The 2 1/2 day conference program is carefully structured for officials from leading industry organizations to provide insight about market developments, network with existing and new industry counterparties, and ultimately conclude transactions involving purchase, sale and transportation of natural gas from the U.S. to Mexico.

  6. Encana To Establish Corporate Domicile In The U.S.

    Encana Corporation recently announced its intention to establish corporate domicile in the United States.

  7. TGS Announces 3D Project Offshore Argentina

    TGS announced today a new 3D multi-client project offshore Argentina.

  8. Brunei: Total Sells Its Interest In Offshore Block CA1

    Total has signed an agreement to sell wholly owned subsidiary Total E&P Deep Offshore Borneo BV — which holds an 86.95% interest in Block CA1, located 100 kilometers off the coast of Brunei — to Shell for $300M.

  9. Reveal Energy Services Validates More Than 10,000 Hydraulic Fracturing Stages

    Reveal Energy Services announces today the company has validated more than 10,000 hydraulic fracturing stages in the US and Canada with its simple, accurate, affordable pressure-based technology.

  10. Halliburton And Repsol Sign Cloud Data Management Agreement For Exploration And Production

    Halliburton Company recently announced a multi-year agreement with Repsol to provide a cloud-based master data management solution for exploration and production (E&P) activities.