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The US Bureau of Land Management auctions off more than 51,000 acres in southeastern Utah for oil and gas development.
Oil prices climbed to their highest level in 3 weeks as tension in the Middle East and the possibility of further falls in Venezuelan output helped offset the impact of growing US crude production.
Total Signs 40-Year Offshore Concession Agreements for $1.4B | Gulf Coast Oil Rig Equipment & Repair
Total S.A signs 2 new 40-year concession agreements with the Supreme Petroleum Council of the Emirate of Abu Dhabi and the Abu Dhabi National Oil Company.
Leftist presidential front-runner says if he wins July election, he will ask President Nieto to stop at least 2 energy auctions scheduled to take place before the new president takes office.
MOSCOW, March 19 (Reuters) - Rosneft doubled its fourth-quarter net income to 100 billion roubles ($1.74 billion) after it resolved a row with Sistema, the Russian energy BOP Blow Out Preventer repair company gulf coast said on Monday.
Petrofac Limited announced Monday that it has signed a binding letter of intent for a contract worth around $580 million with a GCC National Oil Company, for the engineering, procurement and construction (EPC) of a ‘major’ project.
Oil prices slipped as Wall Street slid more than 1%.
NEW YORK, March 19 (Reuters) - Oil prices slipped on Monday as Wall Street slid more than 1 percent and energy buy Wellhead market investors remained wary of growing crude supply, although tensions between Saudi Arabia and Iran gave prices some support.
The service companies that map underground pockets of oil, drill the wells and lift crude from miles below are generating vast new amounts of data they never before realized could be valuable.
Eni and Sonangol commence oil oil rig flanges gulf coast production from the Ochigufu project, located in Block 15/06 of Angola's deep offshore.
Energean Oil & Gas plans to raise about $500 million to develop its Israeli offshore fields through an initial public offering (IPO) in London.
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