Current Headlines
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Wood Secures $120M Engineering Contract Extension With Shell UK
2/20/2025
John Wood Group PLC (‘Wood’ or ‘the Company’) has been awarded a $120M contract extension by Shell UK Limited to provide brownfield engineering, procurement and construction (EPC) to onshore and offshore assets across the UK.
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Liquid Fuels Groups Unite On RFS Priorities, Urge Administration To Set Robust Volumes
2/20/2025
The American Petroleum Institute today joined with fuel marketers and retailers, biofuels producers, and agriculture stakeholders in recognizing the critical role liquid fuels serve in the American economy.
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Black Gold Announces Commencement Of Drilling In The Illinois Basin
2/20/2025
BGX - Black Gold Exploration Corp. (the “Company” or “BGX) (CSE: BGX) (FRE: P30) is pleased to announce that drilling has commenced on the Fritz 2-30 oil and gas well (the “Well”) in Clay County, Indiana.
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CNOOC Limited Brings On-Stream Luda 5-2 North Oilfield Phase II Development Project
2/20/2025
CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Luda 5-2 North Oilfield Phase II Development Project has commenced production.
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KROHNE Highlights Advanced Coriolis Flowmeter Technology For Precision Process Measurement
2/19/2025
KROHNE, a leading provider of industrial process instrumentation, announces its cutting-edge Coriolis flowmeter technology, designed to address the most demanding process measurement challenges across various industries.
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Diamondback Energy, Inc. Announces Midland Basin Acquisition
2/18/2025
Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has entered into a definitive purchase agreement to acquire certain subsidiaries of Double Eagle IV Midco, LLC (“Double Eagle”) in exchange for approximately 6.9 million shares of Diamondback common stock and $3 billion of cash, subject to customary adjustments (the “Double Eagle Acquisition”).
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API Statement On Confirmation Of Howard Lutnick As Commerce Secretary
2/18/2025
American Petroleum Institute President and CEO Mike Sommers issued the following statement on the Senate’s confirmation of Howard Lutnick to lead the U.S. Department of Commerce.
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Bowman Expands Oil And Gas Footprint With Acquisition Of UP Engineering
2/18/2025
Bowman today announced it has entered into a definitive purchase agreement to acquire UP Engineering, a San Antonio, Texas-based firm specializing in civil engineering and surveying services. UP serves clients throughout Texas with a focus on oil and gas, industrial, commercial and residential projects.
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Oilfield Service Providers Gain Access To Cost-Reducing Domestic Chemical Sourcing In 2025
2/18/2025
A new approach to chemical distribution is transforming the oil & gas supply chain for distributors and oilfield service providers. Centrium Energy Solutions, a newly launched oil & gas chemical supplier, has developed a smarter domestic distribution model that solves critical challenges in sourcing, logistics and performance.
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Introducing EcoStar eTRSV
2/18/2025
Halliburton Company a leader in well completions technology, announced the launch of the new EcoStar electric tubing-retrievable safety valve (eTRSV).