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
The American Petroleum Institute (API) has released a statement from President and CEO Mike Sommers on reports the Biden administration will move to ban new oil and natural gas activity across millions of acres of federal waters. SourceContinue Reading
Varel Energy Solutions (VES) has acquired Ace Well Technology (ACE), an international supplier of oilfield casing, cementing and completion products. The deal will expand VES’ smart completions offerings supporting the offshore and premium market sectors. 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
