An independent federal review of a 2018 fatal oil rig explosion in Oklahoma determined there is sweeping blame to be shared by the entire energy sector and government for a woeful lack of oversight and regulations for onshore oil and gas drilling.
Ineos, the London petrochemical company owned by Britain's richest man Jim Ratcliffe, is considering an $803 million expansion of its La Porte petrochemical plant, state documents show.
ExxonMobil is moving forward with a major effort to develop at least 90 wells in Argentina's onshore shale.
Dutch oilfield services group SBM Offshore has signed a letter of intent (LoI) with Petrobras to provide an FPSO for the Mero field, 110 miles off Rio de Janeiro.
The commissioning of Exmar’s Tango floating LNG (FLNG) vessel on June 6 marked the first stage in Argentina’s emergence as a global gas exporter.
Houston’s position as the energy capital of the world is based on fossil fuels, but the nation’s fourth-largest city must embrace new technologies and cleaner energy if it wants to lead the way for decades to come, energy executives said Thursday at the first Houston Low-Carbon Energy Summit.
The Refuge Bar & Bistro, just a short walk from Anadarko Petroleum's headquarters, is becoming a place for Anadarko workers to drown their sorrows as they update resumés and contemplate the future of The Woodlands without its flagship employer, which recently agreed to be acquired by Occidental Petroleum.
Australian energy service firm Worley has launched a 50:50 joint venture with a Brazilian engineering and construction company to carry out brownfield work in the Latin American country.
Apache Corp.'s Altus Midstream Co. said it opened its new Permian Basin processing plant to treat its production of natural gas and natural gas liquids.
Big Oil probably won’t be buying up the Permian Basin’s struggling independent drillers any time soon.
Activist investor Carl Icahn launched a lawsuit against Occidental Petroleum with the goal of potentially seeking board seats and a sale of the company.
Canadian Natural Resources Ltd. agreed to buy the Canadian business of Devon Energy Corp. for C$3.8 billion ($2.8 billion), gaining heavy-oil assets in the province of Alberta.
An American football team has lost a legal fight against BP for damages following the 2010 Deepwater Horizon oil spill.
A north-east firm has secured two of its biggest ever contracts as it continues to flourish following the oil and gas downturn.
Houston pipeline operator Kinder Morgan plans to boost capacity along a pipeline between El Paso and Tucson that will allow customers to increase exports of gasoline and diesel to Mexico.
A Royal Dutch Shell Plc-operated carbon capture and storage project in Canada has hit a milestone of sequestering 4 million tons of carbon dioxide about six months ahead of schedule and at a lower cost than estimated, helped by better-than-expected reliability.
Irving-based Pioneer Natural Resources, one of the oil producers in the Permian Basin of West Texas and New Mexico, said this week it plans to lay off about 25 percent of its workforce to reduce costs and increase shareholder value.
Top officials from 75 U.S. companies descended on the U.S. Capitol Thursday to try and convince lawmakers to support the creation of a carbon price to reduce greenhouse gas emissions.
Guyana’s anti-corruption agency is investigating how exploration rights were awarded in the world’s biggest new deepwater oil region, including those now controlled by Exxon Mobil Corp. and Tullow Oil Plc.
Despite a slow start to the year, US crude output is still expected to surge for the rest of 2019 and hit at least 13 million barrels daily by the end of 2019, a new report projects.
The U.S. Geological Survey has confirmed that four low-magnitude earthquakes have taken place over the past two weeks in the Eagle Ford Shale of South Texas.
Struggling oilfield service company Weatherford International is now trading as a penny stock after being delisted from the New York Stock Exchange.
McDermott International will construct and install subsea risers and flowlines on Petrobras' Sepia field off Brazil.
Acteon Group subsidiary 2H Offshore has announced the appointment of two new global directors.
Occidental Petroleum's chief executive has pledged to win over skeptical or angry investors who believe Oxy paid too big of a price in its bidding war victory to acquire Anadarko Petroleum over the much larger Chevron.
