EOG, Conocophillips, Occidental and Devon Energy filled in the remaining four of the top five drilling customer positions. Patterson-UTI, Nabors, Ensign Energy Services and Precision Drilling took places 2-5 as the top U.S. land drillers. SourceContinue Reading

Beijing and Washington Clash Over Russia Sanctions | 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 – Aug 29, 2024, 2:00 PM CDT The US imposed sanctions on...Continue Reading

Liberty Steel’s Polish Plant Faces Bankruptcy | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Aug 29, 2024, 1:00 PM CDT Liberty Steel’s Polish plate producer, Huta...Continue Reading

UK Plans New Environmental Guidance for North Sea Oil and Gas Firms | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 29, 2024, 12:30 PM CDT The UK government plans to introduce new environmental guidance for oil and gas companies operating in the North Sea,...Continue Reading

The 3 MW floating wind turbine will be located 2 km west of the Culzean platform, 220 km offshore Scotland. This turbine, expected to be fully operational by end 2025, will supply around 20% of Culzean’s power requirement, thereby reducing its GHG emissions. SourceContinue Reading

How China is Circumventing Sanctions to Buy Iranian Oil | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Aug 29, 2024, 12:00 PM CDT China’s imports of Iranian oil are set to reach a record 1.75 million barrels per day this month, defying...Continue Reading

It’s the latest round of cuts following similar moves in the company’s deal-making team, as well as low-carbon solutions, chemicals and offshore wind. The staff reductions would affect the company’s exploration, strategy and portfolio segment as well as its development, subsurface and wells business. SourceContinue Reading

Drillers have extended the horizontal length of their wells since the pandemic to three miles or more to squeeze more output from their sites. The longer so-called laterals are often credited with helping explorers deliver surprise production growth of 1 MMbpd last year. SourceContinue Reading

Marathon Oil Shareholders Approve Megadeal Conoco Acquisition | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 29, 2024, 11:30 AM CDT Shareholders in Marathon Oil have approved a ~$16 billion acquisition by ConocoPhillips, Marathon Oil said in a Thursday statement, with the deal expected to...Continue Reading

Shell To Slash Exploration Workforce by 20%: Reuters | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Aug 29, 2024, 11:00 AM CDT Reuters: Shell plans to reduce its oil and gas exploration and development staff by 20%. The new cuts follow Shell’s earlier moves to...Continue Reading