Latest Headlines

  1. TAQA Group Reports Net Income Of AED 1.3 Billion For First Nine Months Of 2020 11/10/2020

    Abu Dhabi National Energy Company PJSC (“TAQA”, the “Company” or the “Group”), a regionally leading, fully integrated utilities company and one of the UAE’s largest publicly listed companies by market capitalization, has reported its first consolidated pro-forma financial results following its transaction with Abu Dhabi Power Corporation (ADPower) on July 1, 2020.

  2. Occidental Announces 3rd Quarter 2020 Results 11/10/2020

    Occidental today announced a net loss attributable to common stockholders for the third quarter of 2020 of $3.8B, or $4.07 per diluted share, and an adjusted loss attributable to common stockholders of $783M, or $0.84 per diluted share.

  3. Cenovus Reaches Agreement To Accelerate Development Of Its Marten Hills Oil Assets 11/9/2020

    Cenovus Energy Inc., through a wholly owned partnership, has entered into a definitive agreement to sell its Marten Hills oil assets in northern Alberta to Headwater Exploration Inc. for initial cash and common share equity consideration of approximately $100M.

  4. G42, AIQ, Schlumberger Sign Agreement To Advance AI And Data Solutions 11/8/2020

    AIQ, Schlumberger and Group 42 (G42), signed today a strategic framework agreement to collaborate on the development and deployment of artificial intelligence (AI), machine learning and data solutions for the oil and gas industry.

  5. API Statement On Presidential Election Results 11/7/2020

    American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement on the results of the 2020 election.

  6. Siemens Energy Partners With Linde Engineering To Accelerate Decarbonization Efforts In The Petrochemical Sector 11/6/2020

    The downstream oil and gas industry is under intense pressure to improve efficiency, reduce greenhouse gas (GHG) emissions, comply with strict environmental regulations, and demonstrate that it can be part of a sustainable future

  7. Enbridge Sets New Environmental, Social And Governance Goals For The Future 11/6/2020

    Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) today announced expanded environmental, social and governance (ESG) goals and targets1 related to greenhouse gas (GHG) emissions reduction and diversity and inclusion as well as increasing transparency and accountability of our ESG priorities and results.

  8. Maersk Drilling Awarded Three-Well Contract By Petrogas 11/5/2020

    Maersk Drilling has secured a contract from Petrogas E&P Netherlands B.V. for the harsh environment jack-up rig Maersk Resilient to drill three wells at the B13 and A12 fields in the Dutch sector of the North Sea.

  9. Weatherford Smart Rod-Lift Solution Increases Production 37 Percent, Boosts Uptime 42 Percent For 40 Reciprocating Rod-Lift Wells 11/5/2020

    Weatherford International plc announced its smart rod-lift solution, comprised of production optimization software, automation, and skilled engineers, boosted uptime 42 percent and increased production 37 percent for 40 reciprocating rod-lift wells in Sumatra, Indonesia.

  10. Aramco Announces Third Quarter 2020 Results 11/5/2020

    The Saudi Arabian Oil Company (“Aramco” or “the Company”) today announced its financial results for the third quarter of 2020. These results highlight the Company’s financial and operational strength, despite market volatility and the impact of COVID-19 on the global economy.