(WO) — Shell Offshore Inc., a subsidiary of Shell plc, has made a final investment decision (FID) for Sparta, a deepwater development in the U.S. Gulf of Mexico that represents our competitive approach to simplifying and replicating projects.…
HOUSTON, August 17, 2023 – Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) today announced three internal executive appointments, marking the final step in solidifying the Company’s leadership team as it focuses on strengthening its …
Record increases in solar and wind installations in 2022 failed to cut into the massive 82% share of fossil fuels in global energy consumption amid turbulent energy markets and energy security concerns, the annual Statistical Review of World …
HOUSTON – Global demand for crude oil is continuing to rise but supply growth remains limited and will lead to higher prices later this year, a Pioneer Natural Resources PXD.N executive said on Thursday.
The impact of recessionary fears …
New Mexico, home to part of the Permian basin, saw the highest crude oil production growth of any U.S. state last year, with output gains of 300,000 barrels per day (bpd) accounting for half of America’s oil production …
Employment in the U.S. oilfield services and equipment sector rose by an estimated 4,999 jobs to 633,198 in June, according to preliminary data from the Bureau of Labor Statistics (BLS) and analysis by the Energy Workforce & Technology …
SitePro Announces Additions To Management Team Focused On Growth
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Sinopec’s Net Profit Up Over 20% to RMB 61.6 Billion in 2018
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From the Houston Chronicle
The energy services company Baker Hughes is reaching beyond the oil field to a lucrative, growing market: liquefied natural gas.…
Encana Corporation (ticker: ECA) opened 2018 with Q1 net earnings of $151 million. This compares to Q1 2017’s net earnings of $431 million. Cash generated from operating activities reached $381 million, which compares to $106 million in Q1 2017.
Encana’s …
Delaware Basin producer Centennial Resource Development, Inc. (ticker: CDEV) had average daily oil and total equivalent production volumes of 19,161 Bbls/d and 31,864 BOEPD, respectively. Centennial said that these production volumes represent an increase of 233% for daily oil and …
In 2017 China surpassed South Korea to become the world’s second-largest importer of LNG, according to data from IHS Markit and official Chinese government statistics, the EIA said. Driven by government policies designed to reduce air pollution, LNG imports increased …
Panhandle Oil & Gas (ticker: PHX) presented at EnerCom’s The OilServices Conference 14 in San Francisco on March 9, 2016. Panhandle currently owns 255,300 fee mineral acres and a working interest and/or royalty interest in over 6,100 wells. The company …
After posting annual GDP growth of 7.4%, the Chinese economy seems to be continuing its impressive year-on-year growth, but analysts say the rise is slowing. 2014 marks the first …
Denbury Resources President and CEO Phil Rykhoek appeared on CNBC’s Mad Money from EnerCom’s The Oil & Gas Conference in Denver to discuss the company’s growth and income strategy.
Important disclosures: The information provided herein is believed to be …
Aurora Oil & Gas Limited (tickers: AEF and AUT) is a Perth- and Houston-based oil and liquids company with operations in the Eagle Ford Shale trend of South Texas. Aurora has 88,800 gross (22,000 net) acres in the “tri-county” area …
Oasis Petroleum Inc. (ticker: OAS) is an independent exploration and production company focused on the acquisition and development of unconventional oil and natural gas resources, primarily operating in the Williston Basin.
On September 5, 2013, the company announced it …
Energy XXI (ticker: EXXI) is an independent oil and natural gas exploration and production company whose growth strategy emphasizes acquisitions, enhanced by its value-added organic drilling program. The company has implemented an “acquire and exploit” growth strategy to build a …
Resolute Energy (ticker: REN) hosted the company’s first-ever analyst day on June 19, 2013, at the Westin Denver Downtown.
Resolute’s primary business strategy is to re-invest free cash flow generated from its Aneth Field, located in the Paradox Basin of …
Aurora Oil & Gas Limited (ASX: AUT, TSX: AEF) is a Perth- and Houston-based oil and liquids company with operations solely in the Eagle Ford Shale trend of South Texas. Aurora has 79,700 gross (21,800 net) acres in the “tri-county” …
Range Resources Corporation (ticker: RRC) is one of the leading independent oil and natural gas producers in the US. Its operations are primarily focused in the Marcellus Shale in Appalachia and liquids-rich areas of the Southwest.
On January 30, 2013, …
