Latest Headlines

31. ConocoPhillips Responds To Recent Oil Market Downturn 3/18/2020

    ConocoPhillips announced today that it is taking several actions in response to the recent oil market downturn.

32. Hess Announces Significant Reduction To 2020 Capital And Exploratory Budget 3/17/2020

    Hess Corporation today announced a revised $2.2 billion capital and exploratory budget for 2020, an $800 million reduction from the previous budget of $3.0 billion. The company also announced a new $1.0 billion three year term loan agreement.

33. UK: Total Makes A New Gas And Condensates Discovery In The North Sea 3/17/2020

    Total, Operator, and its partners have made an encouraging discovery with the Isabella 30/12d-11 well on the license P1820, located in the Central North Sea offshore U.K., about 40 kilometers south of the Elgin-Franklin Field and 170 kilometers east of Aberdeen.

34. ExxonMobil Evaluating Significant Near-Term Capital And Operating Expense Reductions 3/16/2020

    ExxonMobil is looking to significantly reduce spending as a result of market conditions caused by the COVID-19 pandemic and commodity price decreases, the company said today

35. New Technique For Determining Contents Of Crude Oil Demonstrated In Award-Winning Paper 3/16/2020

    Crude oil is extracted from the Earth as a mixture of oil, gas, water and sand, which is separated and processed, at significant expense and risk, before making its way downstream to be turned into usable products.

36. Saudi Aramco Reports Strong 2019 Results Despite Difficult Macro Environment 3/15/2020

    The Saudi Arabian Oil Company (“Saudi Aramco” or “the Company”) today announced its full-year 2019 financial results, delivering strong profits and dividends despite a lower price environment and challenging margins in refining and chemicals.

37. 2020 Offshore Technology Conference In Houston Postponed 3/13/2020

    The Offshore Technology Conference (OTC) recognizes the unprecedented global challenge associated with the current COVID-19 pandemic.

38. Rebrand Readies Technology Company For Growth 3/11/2020

    A new word enters the water technology lexicon on 12 March with a bold rebrand by Servelec Technologies and recent acquisition, leak detection specialist Primayer. The two companies are now united under one brand and one name - Ovarro.

39. Stress Engineering Services, Inc. Launches New Digital Flex Joint Angle Monitoring System 3/11/2020

    Stress Engineering Services, Inc., (SES) the global leader in consulting engineering services and solutions, has developed a digital flex joint angle measurement system for monitoring real-time drilling operations.

40. BJ Services And Aethon Energy Enter Into Four-Year Contract For Next-Generation Natural Gas Fueled Fracturing Fleet 3/11/2020

    BJ Services (the "Company") announced today it has entered into a multi-year contract with Aethon Energy ("Aethon") for the deployment of the Company's first TITAN™ next-generation fracturing fleet in the Haynesville shale.