US oil and gas employment added 3,800 jobs month-over-month in April to total 390,900, according to data from the US Bureau of Labor Statistics.
BP PLC and Reliance Industries Ltd.
(RIL) have agreed to expand their energy partnership in India and will
move forward in developing already-discovered deepwater gas fields.
A joint venture of Rosneft and Petroleos de Venezuela SA (PDVSA) has commenced pilot production on the Carabobo-2 block in the Orinoco oil belt in Venezuela.
Nearly 500,000 b/d of Canadian oil sands production will be added in 2017-18, growth only exceeded by US tight oil, according to IHS Markit’s outlook for Canadian oil sands production through 2026.
US light, sweet crude oil prices lost about $1.70/bbl on the New York
market, dipping to the lowest levels since November 2016 following
release of a monthly Oil Market Report from the International Energy
Agency indicating ample world oil supplies …
Austin-based Chocolate Flats Petroleum Inc. will spud the first of two
Forest City and Midcontinental Rift basin wildcats in August. The
company has identified Pennsylvanian targets in the Iowa Shenendoah
subbasin including Morrowan, Atokan, Desmoin…
The US Bureau of Land Management is postponing compliance
requirements while it reviews its methane emissions rule, the agency
said in a notice scheduled for publication in the June 15 Federal Register.
Schlumberger Ltd. and Seitel Inc. have formed a multiclient alliance to reimage and acquire geophysical data onshore Mexico.
TransCanada Corp. will move forward with a $2-billion expansion of its NOVA Gas Transmission Ltd. (NGTL) system, adding to the system’s current $5.1 billion near-term capital program.
Statoil ASA has let a contract extension to TechnipFMC regarding an ongoing engineering, procurement, and construction contract for an improved oil recovery project in Visund Nord field in the Norwegian North Sea.