Statoil ASA and Petróleo Brasileiro S.A. (Petrobras) have agreed that Statoil will acquire a 25 percent interest in Roncador, a large oil field in the Campos Basin in Brazil. The transaction nearly ...

The natural gas market in 2024 is expected to be even tougher than in 2023, with prolonged low prices causing financial hardship to high cost producers. Producers are signaling for production cuts in ...

Chevron Boosts Oil and Natural Gas Recovery at Two Facilities in U.S. Gulf of Mexico September 03, 2024 08:30 AM Eastern Daylight Time ...

The recovery in natural gas prices will significantly boost Spartan Delta's Q4 revenues, aiding the development of high-margin Duvernay liquid wells. The startup of LNG export facilities in 2025 will ...

Baker Hughes Co. has signed an agreement with Iraq-based Halfaya Gas Co. Ltd. (HGC) to strengthen collaboration for an innovative flare gas recovery system at the Bin Umar gas processing plant in ...

The original acid-gas injection project near DCP Midstream’s Artesia, NM, gas plant started up in November 2003 and consisted of drilling an injection well and installing an acid-gas injection ...