Friday, September 5, 2025

Reliance Industries Pulls the Plug on Peru Oil Block, Trims Overseas Assets

From the Economic Times Reliance had steadily acquired 16 conventional oil and gas assets, including four in Peru, three in Yemen, and two each in Oman, Kurdistan and Colombia. NEW DELHI: Reliance Industries has pulled out of the last oil block it held in Peru, trimming its overseas assets to just two properties in Myanmar. The billionaire Mukesh Ambani-led firm had in 2007 set up Reliance Exploration

Iraq Drills First Well in Huwaiza Field Near Iranian Border

From Rudaw ERBIL, Kurdistan Region – Iraq started drilling the first oil well in the Huwaiza oil field in southeastern Iraq. The oil ministry believes it may contain at least 1 billion barrels in reserves. Iraq’s Oil Minister Jabbar al-Luaibi announced today that they began drilling the first well at the Huwaiza oil field in the town Halfaya near the

Oilfield Hiring Spree: Halliburton Hiring 100 per Month to Meet Texas Frac Crew Demand

Reaching out to workers in other states with job fairs in Alabama, Mississippi, Nevada From the Houston Chronicle MIDLAND — Halliburton has hired about 100 new workers each month this year to keep up with surging demand for fracking in West Texas, a sharp turnaround after the job-killing oil bust. The Houston oil field service company has expanded its active