California Seeks Company Profits in Big Oil Climate Lawsuit
California’s attorney general on Monday sought to force the world’s biggest oil companies to give up profits the state alleges they made while deceiving consumers about their...
Energies Media Staff
Mexico’s Proven Hydrocarbon Reserves Rise to 8.4 billion Barrels
Mexico’s total proven hydrocarbon reserves, which include crude oil and natural gas, rose to 8.383 billion barrels of crude oil equivalent, the country’s regulator said on Tuesday in its annual reserves...
BP, Worley Form Alliance for BP’s Global Site Projects
Saving an initial estimated $40 million over two years, the alliance will improve capital efficiency in site projects where Worley holds service contracts....
Global Connected Safety Leader Blackline Safety Secures Largest Contract in Company’s History at $8.5 Million
Blackline Safety Corp. (TSX: BLN), a global leader in connected safety technology, today announced is largest contract to date – an $8.5 million deal to...
Tariffs on Imported Oil Aren’t the Cure for the Industry’s Woes
Saudi Arabia and Russia are engaged in a price war–both increasing oil supplies at a time when world demand is precipitously dropping. To help U.S....
Production Starts At Senegal’s First Offshore Oilfield
Senegal joined the club of oil-producing countries on Tuesday as Australian group Woodside Energy announced that production had started in the west African country's first...
New Zealand Set to Scrap Oil, Gas Exploration Ban in H2
Prime Minister Christopher Luxon's administration had pledged to resume offshore oil and gas prospecting following last October's election....
North America Continues Streak of Rig Additions
North America added nine rigs week on week, according to Baker Hughes....
Oil Paychecks Set a Record Even as Shale Industry Consolidates
Wages for U.S. oil workers set a fresh record in April....
Noble Corp Offers $1.6 bln for Rival Diamond Offshore to Strengthen Fleet
Offshore rig contractor Noble said on Monday it would buy smaller rival Diamond Offshore Drilling in a cash-and-stock deal valued at $1.59 billion, the latest in...