(Bloomberg) – Hess Corp. expressed confidence in prevailing in arbitration brought by Exxon Mobil Corp. over a massive oil project in Guyana’s Stabroek block. The legal outcome will prove key to advancing the stalled $53 billion Hess-Chevron merger. SourceContinue Reading

Bryan L. Clark has joined Bracewell LLC’s Dallas office as a partner in both the firm’s oil and gas and energy transition practice groups. Clark previously served for over a decade as the primary midstream counsel at Pioneer Natural Resources USA, Inc. SourceContinue Reading

PakEnergy has acquired Petrosight in a move to reinforce its position as a single-source provider of end-to-end well-lifecycle management solutions from site planning and construction to drilling, production, workovers and decommissioning. SourceContinue Reading

Petro-Victory Energy has announced a strategic partnership with Blue Oak Investments aimed at acquiring Exploration and Production (E&P) assets and companies in Brazil and Latin America. SourceContinue Reading

Laredo Oil, Inc., an oil E&P company with over 30,000 net acres of mineral rights in the West Fork field in Montana, today announced that it has initiated preparations to drill the first of three planned exploratory wells in the field. SourceContinue Reading

The U.S. Chamber’s Global Energy Institute issued a statement regarding the Biden Administration’s plans to restrict offshore oil and natural gas drilling, calling on Congress and the incoming administration to reverse the policy. SourceContinue Reading

(Bloomberg) – California received permission to move forward with a project that would inject carbon dioxide into the state’s deep rock formation using a technology that has long tantalized the fossil fuel industry but has yet to break through. SourceContinue Reading

(Bloomberg) – OPEC’s crude production dipped last month as the United Arab Emirates stepped up implementation of supply cutbacks aimed at buoying global oil markets. SourceContinue Reading

Solace Global Risk has officially acquired Nuraling, an independent AI innovation, bringing tailored machine learning solutions to Solace Secure and other services. SourceContinue Reading

The National Ocean Industries Association (NOIA) has issued a response to President Biden’s planned unilateral ban of new offshore oil and gas activities across vast swaths of America’s offshore areas under Section 12(a). SourceContinue Reading