Industry News

'The MantaRay technology will enable us to acquire high-quality seismic data in a cost-effective and environmentally responsible way, and support our ambition to deliver profitable and sustainable growth on the NCS'.

The resignation comes as Galp's ethics committee probes an anonymous tip about an alleged personal relationship between Filipe Silva and a manager at the company.

In recent months, Exxon has shown a willingness to use the courts to defend its reputation and legal rights when attacked by critics, especially those focused on the environment.

Oil prices rose as a US cold front boosted heating demand and supply concerns persisted, countering signals that the recent rally may be overdone.

'Overall conditions have been stable even with the cold temperatures', TXOGA said.

The $2.2 billion purchase comprises NGL pipelines, fractionation facilities and distribution systems.

The inaugural consortium will establish a framework for stakeholder and community collaboration while providing direct technical assistance and capacity building for DOE-funded projects.

Alberta's government plans to directly dedicate barrels of oil for new pipeline projects.

'The Gravity acquisition represents another significant step in DKL's commitment of being a full suite crude, gas and water midstream services provider in the Permian Basin'.

Thomson has been with Vantage since 2008 and has served in a number of capacities.

'It represents a major attack on the oil and natural gas industry', IPAA Offshore Committee Chairman Ron Neal said.

Pembina Gas Infrastructure completed the purchase of a 50 percent stake in the Kaybob Complex in Alberta, Canada, from Whitecap for $293.6 million.

The total North America rotary rig count stands at 683, according to Baker Hughes.

'Recent exploration activities have uncovered significant new discoveries, highlighting the basin's continued potential'.

'EthosEnergy is uniquely positioned to meet the growing maintenance needs of an aging turbine fleet'.

The value of Brazilian crude exports rose five percent to $44.8 billion in 2024, the first time oil eclipsed all other foreign sales for Latin America's biggest economy.

Sudan lifted a force majeure notice issued in March on crude exports from South Sudan.

Oil prices fell below $74, ending a five-day rally, as technical signals and oversupply concerns prompted a market pullback.

Executives from oil and gas firms have revealed where they expect the WTI crude oil price to be at various points in the future as part of the fourth quarter Dallas Fed Energy Survey.

The call concerns a contiguous area around the island that comprises about 2.1 million acres.