American Petroleum Institute (API) President and CEO Mike Sommers issued a statement in response to President Trump’s Day One executive orders to unleash American energy, applauding the President’s swiftness and decisiveness. SourceContinue Reading
In an exclusive interview with Energy Capital & Power, Josu Jon Imaz, CEO of Repsol, shares insights on the company’s production growth strategy, a nine-well exploration drilling campaign and its involvement in Libya’s upcoming bid round. SourceContinue Reading
Global oil and gas drilling contractor Nabors has announced it will add a third drilling rig to the Waha oil field in Libya’s Sirte Basin. The rig adds to the company’s current fleet of two rigs operating on the field. SourceContinue Reading
Eni is launching three exploration plays, TotalEnergies is expecting promising results from its recent onshore exploration project, and other developments were shared during an upstream IOC-led panel at the Libya Energy & Economic Summit. SourceContinue Reading
Kimbell Royalty Partners, LP has closed the previously announced purchase of mineral and royalty interests held by a private seller in a cash transaction valued at approximately $230 million, subject to post-closing adjustments. SourceContinue Reading
The American Petroleum Institute today joined with the states of Alabama, Alaska, Georgia, Louisiana and Mississippi in filing a challenge to the Biden administration’s ban on new oil and natural gas leasing across millions of acres of federal waters. SourceContinue Reading
TXO Partners, a limited partnership focused on the acquisition and development of conventional oil and natural gas in the U.S., has identified an overall natural gas resource potential of 3 TCFE across 58,500 acres in the Mancos shale region of the San Juan basin. SourceContinue Reading
(Bloomberg) – The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum Reserve, a bid to lock in land protections and conservation requirements days before President-elect Donald Trump takes office. SourceContinue Reading
(Bloomberg) – BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, CEO Murray Auchincloss told staff on Thursday, as the London-based energy giant seeks to reduce costs. SourceContinue Reading
Trendsetter Vulcan Offshore (TVO), a developer of innovative solutions for the offshore industry, has engaged Finlay Johnston, through 4C Global Consultancy, to lead business development efforts for TVO in the UK. SourceContinue Reading
