The American Petroleum Institute is challenging EPA’s emissions standards for heavy-duty (HD) vehicles. These restrictive mandates are opposed by most voters in battleground states, API has found. SourceContinue Reading

The Railroad Commission of Texas (RRC) has imposed more than $1 million in fines on operators and businesses within the state’s oil and gas industry. SourceContinue Reading

Petrobras is pushing to extract as much oil as possible from its existing fields in Brazil while simultaneously hunting for new reserves to prevent production from starting to decline in the 2030s. SourceContinue Reading

Peru’s government can’t find board members to lead its struggling state-owned oil company more than five weeks after its last board resigned. SourceContinue Reading

Oman’s state energy company raised $2 billion from the initial public offering of its exploration and production business, marking the sultanate’s biggest listing on record. SourceContinue Reading

Transocean today announced a one-year contract for the Deepwater Conqueror with an undisclosed operator in the U.S. Gulf of Mexico. SourceContinue Reading

Enverus industry analysts have released a summary of 3Q24 upstream M&A activity, with the pace of deals significantly slowing in the third quarter of 2024 to just $12 billion in announced deals. SourceContinue Reading

Iran suffered an oil leak just a few miles from Kharg Island, its top export terminal in the Persian Gulf, according to a local news source and shipping official. SourceContinue Reading

Exxon Mobil Corp has announced plans to sell a portion of its assets in North Dakota’s Bakken shale formation, according to Reuters. SourceContinue Reading

Perenco Colombia successfully completed drilling of three new development wells on the Paravare and Chaparrito fields at Casanare, onshore Colombia, identifying large oil discoveries. SourceContinue Reading