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Oil Companies Expand Offshore Drilling, Pointing to Energy Needs
New York Times· 3 days agoShell and others say they plan to drill for oil and gas in the Gulf of Mexico in part because doing...
Big Oil finds more to love in deepwater exploration fields
Reuters via Yahoo Finance· 13 hours agoGulf Coast will take the spotlight. Offshore exploration had dimmed after the U.S. shale boom...
North Sea oil drilling to continue for a decade after net zero deadline
The Telegraph via Yahoo Finance· 3 days agoOil drilling in the North Sea is to continue for up to a decade beyond Britain’s net zero deadline...
Oil Producers Flush With Cash Cut Reliance on Funding Markets | Transport Topics
Transport Topics· 6 days agoLast year, the demand for loans from fossil fuel companies fell 6% year-on-year and that followed a...
BP Goes Deeper Into Gulf of Mexico, After Triumphs and Tragedy
The Wall Street Journal· 5 days agoAt about one-third of the size...next week, has set its sights on harder-to-reach deposits in the...
Campbell proposes ‘foreign oil tax’ to replace Louisiana income tax
Louisiana Illuminator via Yahoo News· 6 days agoA member of the Louisiana Public Service Commission wants Gov. Jeff Landry to eliminate the state...
BW Energy secures funds for continued oil development work offshore Gabon
Offshore Magazine· 5 days agoBW Energy plans to direct the freed-up $110 million of liquidity toward further development work ...
Baker Hughes builds first Namibian mud plant as exploration surges
Reuters via Yahoo Finance· 4 days agoThe project will help Namibia cope with an influx...Bay and the smaller Luderitz, as they battle congestion and inadequate facilities. "It will be drilling fluids made in ...
Earnings call: Oil States International reports mixed Q1 2024 results By Investing.com
Investing.com· 6 days agoThe company reported consolidated revenues of $167 million and adjusted EBITDA of $15 million,...
Karoon JV Spuds Who Dat East Well
Rigzone.com via Yahoo Finance· 4 days agoThe company recently revised... Dat production, with most of the reduction related to lower-than-expected deliverability and oil production being prioritized over gas. Karoon ...