Latest Headlines

  1. RRC Issues Enhanced Guidelines For Permian Basin Disposal Wells 5/16/2025

    Utilizing scientific and engineering analysis, the Railroad Commission of Texas has issued new guidelines that further strengthen permitting of disposal wells in the Permian Basin.

  2. EOG Resources Awarded Onshore Concession To Explore And Appraise Unconventional Shale Block In The UAE 5/16/2025

    EOG Resources, Inc. (EOG) today announced that the company was awarded a new oil exploration concession for Unconventional Onshore Block 3 (UCO3) by Abu Dhabi's Supreme Council for Financial and Economic Affairs (SCFEA).

  3. Occidental And ADNOC's XRG Agree To Evaluate Joint Venture To Develop South Texas Direct Air Capture Hub 5/16/2025

    Occidental (NYSE: OXY) and its subsidiary 1PointFive today announced an agreement with XRG, ADNOC’s investment company, to evaluate a potential joint venture to develop a Direct Air Capture (DAC) facility in South Texas.

  4. Rhino Resources And Halliburton Deliver The First Two Exploration Wells On Block 2914 In Namibia 5/15/2025

    Rhino Resources and Halliburton announced the delivery of two exploration wells on Block 2914 within Petroleum Exploration License (PEL) 85 offshore Namibia.

  5. Administrator Zeldin Proposes To Approve Arizona's Primacy Application For All Underground Injection Wells 5/15/2025

    Today, U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin announced a proposal to approve the State of Arizona’s request to oversee Safe Drinking Water Act permitting for all underground injection wells in the state.

  6. One X - A Completions Partner, A Kingswood Capital Management Portfolio Company, Announces Strategic Add-On Acquisition Of United Energy Partners 5/15/2025

    One X - A Completions Partner (“One X”), a Kingswood Capital Management, LP (“Kingswood”) portfolio company, announced today that it has acquired United Energy Partners (“UEP”), the leading provider of pressure control services and equipment rental solutions for energy operators.

  7. Strathcona Announces Sale Of Montney Business For $2.84B And Acquisition Of Hardisty Rail Terminal 5/14/2025

    Strathcona Resources Ltd. (“Strathcona” or the “Company”) is pleased to announce that it has entered into definitive agreements to sell substantially all of its Montney assets for approximately $2.84B, pursuant to three separate transactions.

  8. IPAA Congratulates Katharine Macgregor On Deputy Secretary Of Interior Confirmation 5/14/2025

    Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman issued the following statement congratulating Katharine MacGregor for her Senate confirmation to be the Deputy Secretary of the Department of Interior by a vote of 54-40.

  9. Aramco Announces 34 MoUs And Agreements With US Companies 5/14/2025

    Aramco, one of the world’s leading integrated energy and chemicals companies, yesterday announced the signing of 34 Memoranda of Understanding (MoUs) and agreements, with a potential total value of approximately $90B, with major US companies, through its Aramco Group Companies.

  10. PETRONAS, XRG, Hazarnebit And Turkmennebit Partner On Strategic Gas Asset In Turkmenistan 5/14/2025

    PETRONAS, XRG, State Enterprise Hazarnebit, and State Concern Turkmennebit have signed a new Production Sharing Contract (PSC) for the Block I gas and condensate fields in Turkmenistan. As part of the transaction, a long-term Gas Sales Agreement (GSA) was also signed with State Concern Turkmengas.