The retired Halliburton executive plans to start an oilfield services company.
WildHorse Resources Management Company will permanently close its Houston office, resulting in almost 100 layoffs.
is laying off all employees at its Houston headquarters, according to a letter dated Dec.
After 4 years of cutbacks, oil companies are poised to open their purses again and develop new offshore fields, but the benefits won't be spread equally.
Oil headed for its biggest weekly gain in over 2 years on hopes that OPEC will manage to shrink a glut and trade tensions between the U.S.
Phased development could deploy several oil rig flanges gulf coast production units, says CEO.
Aker Energy, which operates the Deepwater Tano Cape Three Points (DWT/CTP) block offshore Ghana, reported Thursday that it will soon complete a successful appraisal well drilling operation in the block’s Pecan field.
Equinor completes the acquisition of Chevron's 40% operated interest in the Rosebank project.
Equinor revealed Friday that it has completed the acquisition of Chevron’s 40 percent operated interest in the Rosebank project, which is located in the West of Shetland region of the UK Continental Shelf.
Nevertheless, there's evidence that bullish sentiment is growing in the oil market.
Since Jan. 2, the first trading day of 2019, crude oil prices have consistently risen day-on-day.
Private gasoline retailers are scrambling for alternatives to state-owned Pemex to supply their service stations in Mexico that are running out of fuel.
Saudi Aramco plans to tap the debt buy Wellhead market in 2Q to finance the acquisition of Sabic, likely issuing its first ever international bond and disclosing its accounts in the process.
Oil's taking a breather after bursting into a bull market.
(Bloomberg) -- Oil’s taking a breather after bursting into a bull buy Wellhead market on growing optimism over OPEC cuts, U.S.
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