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The latest oil and gas news from around the world.
Updated: 2 hours 5 min ago

Oil Prices Settle Above $70 Again

Thu, 07/22/2021 - 05:17
Oil jumped the most since mid-April amid broader market gains.

Saudi Aramco Confirms $50MM Cyber Ransom Demand

Thu, 07/22/2021 - 04:20
Saudi Aramco confirmed that some company files were leaked after hackers reportedly demanded a $50 million ransom.

Gas Project Developer Courts Investors with YouTube

Thu, 07/22/2021 - 02:25
Houston-based Tellurian is trying to line up financial backers to build a $15.5 billion LNG export terminal in Louisiana.

Baker Hughes Sees Slower Drilling Growth

Thu, 07/22/2021 - 01:51
Shale drilling in North America is going to slow down in the second half of the year, according to Baker Hughes Inc.

Indigenous Group Backs Proposed Canada LNG Project

Thu, 07/22/2021 - 01:00
Seven Canadian natural gas producers are teaming up with a West Coast Indigenous group to propose a new LNG facility.

Biden Admin Unveils Pipeline Cybersecurity Mandates

Wed, 07/21/2021 - 23:52
TSA has issued its second cybersecurity directive for pipelines since May.

42% of Q2 Texas Oil and Gas Job Listings Were in Three Cities

Wed, 07/21/2021 - 19:22
TIPRO has reviewed Texas' Q2 2021 upstream, midstream, and downstream employment trends.

Shell CEO Says Company Will Appeal Climate Ruling

Wed, 07/21/2021 - 16:03
Royal Dutch Shell Plc said it will appeal a ruling by a Dutch court which ordered it to cut its carbon emissions by 45% over the next decade.

Nabors and Halliburton Strike Blow for Drilling Automation

Wed, 07/21/2021 - 16:02
The drilling contractor and service company have taken a step to make well plans and their execution less cumbersome. PHOTO SOURCE: Nabors Industries

ADNOC Joins Hydrogen Council

Wed, 07/21/2021 - 16:01
ADNOC has joined the Hydrogen Council, which is an international organization that aims to accelerate the global position of hydrogen through its member companies.

Oil Prices Swing Back Upward

Wed, 07/21/2021 - 04:06
Oil edged higher as broader markets rebounded after a virus-fueled selloff on Monday.

Danos Honors Field and Staff Employees

Wed, 07/21/2021 - 03:35
From left, Eric Danos, Mary Perez, Mark Danos, Frances Kosak, Paul Danos, and Hank Danos. PHOTO SOURCE: Danos

Gulf of Mexico Player May Exit Oil and Gas Industry

Tue, 07/20/2021 - 22:57
A company spokesperson declined comment to Bloomberg.

Halted Texas Plastics Project May Resume

Tue, 07/20/2021 - 22:05
Engineering and excavation work had already been done before the project was halted nearly two years ago.

Halliburton Readies for Years of Expansion

Tue, 07/20/2021 - 21:16
Halliburton is gearing up for several years of expansion.

Analysis Shows Oil and Gas Execs Using More Environmental Buzzwords

Tue, 07/20/2021 - 20:01
The world's biggest oil and gas companies are more likely to talk to Wall Street about emissions than how their businesses might grow.

Riyadh and Moscow Claim Biggest Wins from OPEC+ Deal

Tue, 07/20/2021 - 15:38
Saudi Arabia and Russia clinched a deal partly by submitting to demands from the United Arab Emirates.

Repsol in $779MM Portugal Site Expansion

Tue, 07/20/2021 - 15:38
Repsol has announced that it will expand its industrial complex in Sines, Portugal, to make it one of the most advanced in Europe.

Oil Prices Fall Sharply Amid Broad Market Selloff

Tue, 07/20/2021 - 03:54
Oil was the biggest loser in a broad market selloff.

Biden Admin to Issue Pipeline and LNG Cybersecurity Regs

Tue, 07/20/2021 - 03:02
The Biden administration is poised to issue new cybersecurity regulations for pipelines and liquefied natural gas facilities.