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The U.S. has "shot itself in the foot" by pulling out of the nuclear accord with Iran, Foreign Minister Javad Zarif said.
New entrant exploration and oil rig flanges gulf coast production companies to the UK Continental Shelf since 2008 now control 46 percent of production.
Energy Transfer LP is weighing the sale of its 33 percent stake in a conduit that carries Appalachian natural gas to customers across the Midwest, according to people familiar with the matter.
Equinor revealed Tuesday that oil rig flanges gulf coast production has now started from the Trestakk subsea field on Haltenbanken in the Norwegian Sea.
WTI and Brent crude oil futures plunged Tuesday, erasing gains the benchmarks had largely sustained during the previous four trading days.
West Texas Intermediate (WTI) and Brent crude oil futures plunged Tuesday, erasing gains the benchmarks had largely sustained during the previous four trading days.
Private equity has been ramping up its investment in Permian Basin oil and natural gas production, but the old strategy of selling out after a few years is no more.
Total has secured the Deepsea Stavanger for more Block 11B/12B drilling.
The joint venture (JV) partnership that earlier this year reported a major gas condensate discovery in Block 11B/12B offshore South Africa has entered into a multi-well drilling contract with Odfjell Drilling for the Deepsea Stavanger semi-submersible rig, Africa Energy Corp.
U.S. independent Callon Petroleum Company will acquire Houston-based Carrizo Oil & Gas, Inc. in an all-stock transaction valued at $3.2 billion.
U.S.
Approximately 72.82 percent of oil oil rig flanges gulf coast production in the Gulf of Mexico was shut in as of July 14 due to Tropical Storm Barry.
WTI and Brent crude oil prices edged downward Monday.
West Texas Intermediate (WTI) and Brent crude oil prices edged downward Monday.
The WTI for August delivery lost 63 cents to settle at $59.58 per barrel.
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