A federal judge ruled Brazil’s Petrobras liable in a lawsuit filed by Houston firm IEG Global Energy Partners, finding that Petrobras defrauded EIG in connection with a deal to build and charter 28 oil drilling rigs for work off the coast of Brazil. SourceContinue Reading
A federal judge ruled Brazil’s Petrobras liable in a lawsuit filed by Houston firm IEG Global Energy Partners, finding that Petrobras defrauded EIG in connection with a deal to build and charter 28 oil drilling rigs off the coast of Brazil. SourceContinue Reading
With $4 a gallon gas, inflation at 40-year highs, and two straight quarters of economic recession, D.C. Democrats fast-tracked partisan legislation that will stifle the economy, kill jobs, hike taxes, and increase energy costs. SourceContinue Reading
The majority of companies across the U.S. oil and gas industry are at risk of a successful cyber breach according to BreachBits, a cyber risk rating and monitoring company that evaluates and tests organizations from a hacker’s perspective. SourceContinue Reading
ADNOC Drilling Company announced its financial results for the half year and second quarter ending June 30, which show its net profit for the first half significantly grew by 34% to $379 million. SourceContinue Reading
Collectively, the bill would “hurt American energy producers and drive up energy costs for the American people,” said Anne Bradbury, chief executive officer of the American Exploration and Production Council. SourceContinue Reading
OSI Renewables has entered into an agreement with Barge Master BV based in Rotterdam, Netherlands to be the exclusive distributor of the Barge Master Next Generation Gangway in North America. SourceContinue Reading
OSI Renewables has entered into an agreement with Barge Master BV based in Rotterdam, Netherlands to be the exclusive distributor of the Barge Master Next Generation Gangway in North America. SourceContinue Reading
While oil companies could benefit from the bill, which could mandate more federal oil and gas lease sales and boosts an existing tax credit for carbon capture, API President and CEO Mike Sommers said the package falls short in addressing America’s energy needs. SourceContinue Reading
