RPC, Inc. has acquired Pintail Completions for approximately $245 million, subject to customary post-closing adjustments. Pintail is headquartered in Midland, Texas and is a leading provider of oilfield wireline services in the Permian basin. SourceContinue Reading
ConocoPhillips Considers Selling Prime Oklahoma Assets | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 02, 2025, 11:30 AM CDT ConocoPhillips is considering the sale of oil and gas assets in Oklahoma, which it acquired through its $22.5-billion purchase of Marathon Oil last year, Reuters...Continue Reading
Nigerian President Bola Tinubu hired the former head of a unit of Shell Plc to run the state oil company, as Africa’s biggest crude producer works to boost output and prepare the firm for an initial public offering. SourceContinue Reading
Iran’s Nuclear Program Sparks Debate in Congress | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Apr 02, 2025, 11:00 AM CDT The US House Foreign Affairs...Continue Reading
Colombia’s state-owned Ecopetrol SA is considering buying Carlyle Group’s oil driller in the nation as it looks to boost reserves and output. “We were invited to the process and are analyzing the option,” said Rafael Guzman, Ecopetrol’s VP of hydrocarbons in an interview. SourceContinue Reading
INEOS Energy has completed its acquisition of the U.S. Gulf business held by CNOOC’s U.S. subsidiary. The deal increases INEOS’ production globally to over 90,000 boed and marks the third major investment by INEOS Energy in the U.S. in the past three years. SourceContinue Reading
U.S. Energy Department Re-Launches Voluntary Staff Exit Program | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 02, 2025, 10:30 AM CDT U.S. Energy Secretary Chris Wright is reinstating the so-called Deferred Resignation Program (DRP) to incentivize employees to leave voluntarily before layoffs begin as...Continue Reading
Crude oil inventories in the United States saw a large increase of 6.2 million barrels during the week ending March 28, according to new data from the U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading up prior to the crude data release by the U.S. Energy Information Administration after the American...Continue Reading
Russia Expands Halts to Oil Export Capacity in the Black Sea | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Related News By Tsvetana Paraskova – Apr 02, 2025, 9:30 AM CDT Russia has ordered a 90-day...Continue Reading
Global Crude Oil Shipments Rise Ahead of OPEC+ Supply Boost | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Apr 02, 2025, 9:00 AM CDT Global crude oil exports rose in...Continue Reading