News

Monday, October 5, 2020

Caterpillar Signs Agreement to Acquire Weir Oil & Gas

Caterpillar Inc. has signed an agreement to acquire the Oil & Gas Division of the Weir Group.

Friday, October 2, 2020

COVID-19 Impact Increases Need for Digital Technology Investments for Oil, Gas Industries

Investments in technology and workforce are essential for industry survival of current market conditions.

Thursday, October 1, 2020

ExxonMobil Focused on Core Oil and Gas as Renewable Returns Too Weak

Questions over shift to renewables by European majors.

Wednesday, September 30, 2020

Houston Company Hopes to Pump New Life into the Oil and Gas Industry After State Loses 40K Jobs Amid Pandemic

The state had nearly 361,000 oil and gas jobs in 2019.

Tuesday, September 29, 2020

Another Billion-Dollar Oil Merger Is On The Horizon

Devon Energy and WPX Energy are discussing a merger to weather the impact of the pandemic on the oil industry.

Friday, September 25, 2020

Exxon Eyes Shortlist for Malaysian Oil and Gas Assets

Exxon Mobil has narrowed the list of bidders for its oil-producing offshore assets in Malaysia.

Thursday, September 24, 2020

Oil & Gas FIDs to Rebound to Pre-Pandemic Levels from 2022, Rystad says

Oil and gas project sanctions are expected to rebound next year compared to the COVID-19 ravaged 2020.

Wednesday, September 23, 2020

Oil and Gas is a Partner — Not An Adversary — In Meeting Our Economic and Environmental Goals

There are number of energy and environmental actions being undertaken in the legislative branch.

Friday, September 18, 2020

Pine Sol now approved to kill coronavirus on surfaces: EPA

Amid shortages of Clorox wipes, this is a new alternative in stock.

Tuesday, September 8, 2020

Hess Announces Oil Discovery at Redtail, Offshore Guyana

Hess Corporation announced another oil discovery offshore Guyana at the Redtail-1 well, the 18th discovery on the Stabroek Block.