Exxon faces $1.6 billion earnings drop from oil and refining margins
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1d ago
Exxon said lower oil prices and refining margins reduced third-quarter earnings by $1.6 billion compared with the previous period ..read more
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Chesapeake, Southwestern complete $7.4 billion merger, rebrand as Expand Energy
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1d ago
Chesapeake Energy Corporation and Southwestern Energy Company have officially completed their merger, forming a newly rebranded entity, Expand Energy Corp ..read more
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Russia reports oil output below OPEC+ target for September
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1d ago
Russia’s own data show its crude production in September fell just below its monthly target under the OPEC+ deal, according to people familiar with figures from the country’s Energy Ministry ..read more
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Saja Energy appointed official distributor of neotork downhole tool in Saudi Arabia
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1d ago
Saja Energy has been named the official distributor of Neo Oiltools' neotork Vibration Management Tool in Saudi Arabia. This announcement follows Neo Oiltools’ recognition of Saja Energy, a Saudi Arabia-based provider of energy sector products and services ..read more
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Wood Mackenzie urges UK government to establish stable tax policy for North Sea oil and gas
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1d ago
According to new analysis by Wood Mackenzie, the UK government must create a more predictable tax regime for the North Sea oil and gas sector to ensure long-term stability. After a history of ad hoc changes, the need for a clear tax framework has become urgent ..read more
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Russia says it pumped oil below OPEC+ target in September
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2d ago
Russia’s own data show its crude production in September fell just below its monthly target under the OPEC+ deal, according to people familiar with figures from the country’s Energy Ministry ..read more
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Wood Mackenzie analysis highlights critical challenges in developing more predictable tax policy
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3d ago
After a history of ad hoc changes, the UK government must implement a more predictable tax regime that provides greater long-term stability to the North Sea oil and gas sector, as soon as possible, according to new analysis by Wood Mackenzie ..read more
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Saja Energy named official Middle East neotork downhole management tool distributor
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3d ago
Neo Oiltools, a creator of drilling performance tools for the oil and gas industry, announced today that Saja Energy, a Saudi Arabia-based provider of world-class energy sector products and services, is the official distributor of the neotork Vibration Management Tool in the Kingdom of Saudi Arabia ..read more
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OrbitMI to focus on data quality with Orbit vessel performance platform
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3d ago
NYC-based software-as-a-service company, OrbitMI, is prioritizing data integrity with its Orbit vessel performance platform to deliver high-quality real-time data that can enable smarter voyage decision-making ..read more
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Mermaid completes first phase of North Sea decommissioning campaign for Shell UK
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3d ago
Mermaid Subsea Services (UK) Ltd is pleased to announce that it has successfully completed the first stage of a major North Sea decommissioning contract for Shell U.K. Limited ..read more
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