Wednesday, September 9, 2026

Two Caspian Sea Projects Could Add 200 MBOPD by Year-End

Even as Russia discusses a production freeze with Saudi Arabia, Caspian Sea projects could add to the glut Oil prices have improved this week in part thanks to renewed talks amongst Saudi Arabia and Russia to stabilize global oil prices. In a joint statement Monday, the energy ministries of both countries agreed to work together to “mitigate excessive volatility” in

Noble Energy Looks to IPO Midstream Assets for a Second Time

Noble hopes to raise around $270 million with midstream MLP IPO Ten months after postponing the IPO of its wholly owned subsidiary Noble Midstream Partners, Noble Energy (ticker: NBL) announced that plans for a public offering are back on the front burner. The Houston-based company said that it plans to offer 12.5 million common units with the option for an

Texas Lawyers Face Fresh Accusations Over BP Spill Suits

From Texas Lawyer Less than a month after San Antonio lawyer Mikal Watts was acquitted of criminal charges related to BP oil spill litigation, a group of Vietnamese-American fisherman living in the Gulf Coast has filed a fresh complaint against Watts, his firm and others, seeking millions of dollars in penalties for civil barratry. Texas’ barratry provisions are aimed at curtailing lawyer