Shell Brasil Petróleo, a subsidiary of Shell plc, signed a Production Sharing Contract to acquire a 25% stake of the Atapu field. Shell paid $1.1 billion to Petrobras for the increased stake in the field. SourceContinue Reading

The Rig Count Climbs As Markets Clamor For More Oil | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – Apr 29, 2022, 12:32 PM CDT The rig count has increased once again,...Continue Reading

Poland Threatens To Seize Russian Pipelines | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 29, 2022, 12:30 PM CDT As Poland desperately attempts to restore the flow of Russian gas to the country, its government has ordered Russian Novatek to hand over pipeline infrastructure...Continue Reading

Diesel In ‘Crisis’ Mode As Prices Break Records | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Apr 29, 2022, 11:30 AM CDT Diesel prices, the lifeblood of industry, have hit a...Continue Reading

Schlumberger announced it has expanded its global INNOVATION FACTORI network with the inauguration of a new center in Oslo, Norway. SourceContinue Reading

European Refiners Are Racing To Capitalize On Record-High Diesel Margins | 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 29, 2022, 11:00 AM CDT European refiners are racing to capitalize...Continue Reading

Chevron Corp. lifted its production target in North America’s biggest oil field in a sign that U.S. shale is responding to $100-a-barrel crude despite rising cost pressures and equipment shortages. SourceContinue Reading

Galp Energia SGPS SA is considering a sale of its upstream operations in Angola, as Portugal’s biggest oil company seeks to streamline its hydrocarbon portfolio, according to people familiar with the matter. SourceContinue Reading

The reimagined, field proven Simplified Frac Iron System transforms the typically disjointed process inherent with conventional ground iron. SourceContinue Reading

EU Regulators: Electricity Market Not To Blame For Energy Crisis | 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 29, 2022, 10:30 AM CDT The EU’s wholesale electricity market is...Continue Reading