Saudi Arabia and Russia Seen Forging Business Alliances
Two of the world’s largest oil-exporting countries, Russia and Saudi Arabia, have been forging a sort of professional relationship in recent years, despite previous indicators...
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ExxonMobil Dethroned as the Number-One Ranked Energy Company: S&P Global Platts
A Russian global energy behemoth has surpassed Exxon as the number one energy firm according to the S&P Global Platt’s Top 250 Global Energy Company...
Jim Chanos is Short on Shale
During the world-renowned Delivering Alpha conference in New York, Jim Chanos announced that his company Kynikos Associates was short on multiple U.S. Shale oil producers. Being...
French Push for Carbon Neutrality Spearheaded by Environment Minister
On September 6th, France revealed the draft of a bill that would ban all oil and gas exploration and production (E&P) within the country and...
Oklahoma City Firm Plans to Pioneer Drilling of Two-Mile Horizontal Well
Due to legislation that was part of Senate Bill 867, companies can now begin drilling two-mile long horizontal wells in non-shale rock layers in Oklahoma....
Texas Petro Index Increases for Eighth Straight Month
On Wednesday, August 23, the Texas Alliance of Energy Producers released their Texas Petro Index (TPI) analysis for July, the results of which showed a...
Exponent Energy Announces Major Operated Production Assets Purchase
Exponent Energy (Exponent), a Tulsa, Oklahoma-based energy investment firm, is pleased to announce that it has purchased the Oklahoma production assets of Sanchez Midstream Partners...
EIA Forecast and OPEC Meeting Move Oil Price
The oil market continues to experience price volatility as shifting variables test investors’ fortitude. An August 8 OPEC meeting and the Energy Information Administration’s (EIA)...
Weir Oil & Gas Completes Acquisition of KOP Surface Products
Weir Oil & Gas, a leading upstream provider of pressure pumping and pressure control equipment and services, today announced it has completed its acquisition of...
ConocoPhillips Releases Financial Report for Second Quarter
ConocoPhillips—its latest financial report released on July 27—reported a significant step forward in the move to meet financial and operational goals. The Houston, Texas-based firm...