Petrobras informed on Friday that it has identified the presence of hydrocarbon in the wildcat well of block C-M-411, located in the pre-salt of the Campos Basin, in Rio de Janeiro state. Block C-M-411; Source: […]
Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the fourth quarter ended December 31, 2020, including a net loss attributable to Murphy of $172 million, or $1.11 net loss per […]
EQT Corporation (NYSE: EQT) today announced its commitment to a pilot project to demonstrate the production of responsibly sourced natural gas (RSG) for use in domestic and international energy markets. The intent of the pilot is […]
NEW YORK (AP) – Hess Corp. (HES) on Wednesday reported a loss of $97 million in its fourth quarter. The New York-based company said it had a loss of 32 cents per share. Losses, adjusted […]
Energy News Beat Publishers Note: An excellent article by Irina Slav for Oil Price. With the major oil companies getting out of oil and gas, Saudi Aramco has stated that they will be producing oil […]
Ring Energy, Inc. (NYSEAM: REI) (“Ring” or “the Company”) announced today that its corporate headquarters was relocated to the greater Houston area effective January 19, 2021. The new address of the Company’s headquarters is 1725 […]
Nothing escapes the winds of change now sweeping through BP, not even the exploration team that for more than a century powered its profits by discovering billions of barrels of oil. Its geologists, engineers and scientists have […]
Apex International Energy, which is backed in part by UK energy investment firm Blue Water Energy, has announced a new oil discovery in Southeast Meleiha Concession (SEM), located in the Western Desert of Egypt. The […]
Elon Musk recently moved to Texas, where he launches some of his rockets and is building a battery factory. Now, for good measure, he plans to drill for natural gas in the state. The billionaire’s SpaceX […]
The 60-day suspension on approvals is necessary for a “targeted and time-limited” review of recent decisions, the US Interior Department’s acting secretary Scott de la Vega said in an order signed yesterday. The freeze will […]
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