Industry News Feed

Monday, 23/10/2017
Kosmos Energy will acquire assets from Hess. Additionally, existing investors Tullow Oil and GEPetrol will enter partnership with the new operator....
Monday, 23/10/2017
KrisEnergy Ltd., an independent upstream oil and gas company, has announced that on Oct. 20, 2017, the PV DRILLING I jackup rig commenced drilling of...
Monday, 23/10/2017
Linn Energy, Inc., has announced that it has signed a definitive agreement to sell its interest in properties located in the Williston basin to an...
Monday, 23/10/2017
Iraq began using a new offshore crude-exporting facility to help boost shipments by sea and make up for a suspension of pipeline exports from the...
Monday, 23/10/2017
Fracing isn’t looking so great for the world’s biggest fracer, but the CEO of Halliburton Co. says he can pull some levers to improve profits.
Monday, 23/10/2017
Halliburton Co. boosted profit in North America thanks to higher prices charged for fracing work in the world’s busiest drilling region. The company’...
Monday, 23/10/2017
U.S. shale drillers are tapping on the brakes in the wake of a growing investor revolt that’s held down company values, even as they’ve scored...
Monday, 23/10/2017
Oil traded near $52/bbl as OPEC reported record compliance with pledged production cuts and U.S. drilling slowed again.
Monday, 23/10/2017
The crude market may be underestimating China’s oil demand.
Monday, 23/10/2017
Oil investors are back in the ring.