Latest Headlines

  1. Occidental Reduces Dividend And Capital Spending 3/10/2020

    Occidental Petroleum Corporation announced today that its Board of Directors approved a reduction in the company’s quarterly dividend to $0.11 per share from $0.79 per share, effective July 2020

  2. Logan Industries Secures 10-Year Condition-Based Monitoring Contract For Major Drilling Contractor’s Wireline Tensioners 3/9/2020

    Logan Industries (Logan), a hydraulic repair, manufacturing and rental company, has signed a 10-year contract to provide a condition-based monitoring (CBM) program for wireline tensioners on behalf of Diamond Offshore, a major drilling contractor with global operations.

  3. ExxonMobil Outlines Progress On Long-Term Growth Strategy 3/5/2020

    ExxonMobil continues to make progress on the company’s long-term growth plans by investing through the commodity price cycle to capture high-value opportunities and grow earnings and cash flow potential.  

  4. Multi-Million-Pound Scope To Supply Sand-Face Completion For Aker BP 3/5/2020

    Independent global completions service company Tendeka has received a Letter of Intent for a substantial multi-million-pound scope to supply sand-face completion equipment to Aker BP’s Norwegian assets.

  5. TGS Announces Delivery Of Milestone Utsira OBN Project In North Sea 3/5/2020

    TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today announced that processing of the northern half of its landmark ocean-bottom node (OBN) multi-client survey in the Norwegian North Sea is complete and has been delivered to pre-funding customers. Data processing will be complete for the southern half of Utsira in September 2020.

  6. Equinor And Shell Collaborate On Digital Solutions 3/5/2020

    The companies have signed a Memorandum of Understanding on digital collaboration to develop solutions and methods together through the exchange of expertise within areas like data science, artificial intelligence and 3D printing.

  7. API President & CEO Mike Sommers Visits Colorado, Reaffirms Critical Role Of Natural Gas And Oil Industry In State 3/5/2020

    Today, American Petroleum Institute President and CEO Mike Sommers concluded a three-day visit to Colorado, where he reaffirmed the natural gas and oil industry’s commitment to safe, responsible energy development in the Centennial State.

  8. InterMoor Installs New ESP System For The Mampu-1 FPSO Facility, Malaysia 3/5/2020

    InterMoor recently transported and installed a new electric submersible pump (ESP) system as part of the MaMPU-1 floating production storage and offloading (FPSO) facility upgrade for a wellhead platform project in Malaysia.

  9. Hydraspin USA Recovery Sites Successful 3/5/2020

    Hydraspin USA, a subsidiary of Water Now Inc. (OTC: WTNW), is an industry leader specializing in the recovery of commercially viable crude oil extracted from wastewater generated in the production of domestic petroleum.

  10. WaterBridge Highlights Environmental Initiatives And Launches 2020 ESG Program 3/4/2020

    WaterBridge Holdings LLC (together with its subsidiaries, "WaterBridge") today highlighted its ongoing commitment to advancing environmental, social and governance ("ESG") initiatives.