News

World Oil exclusive: SLB prevails in frac technology patent lawsuit vs. Nitro Fluids, awarded $9 million

May 01, 2024
On Wednesday, March 27, 2024, jury deliberations took only two hours after a week-long trial to find that both SLB Monoline™ fracturing fluid delivery technology patents were valid, and that Nitro Fluids LLC had willfully infringed both of the patents.

OPEC oil output cuts remain unfinished following April’s “steady” crude production

May 01, 2024

FTC to greenlight ExxonMobil’s $60 billion Pioneer Natural Resources acquisition

May 01, 2024

Eni to fast-track Cronos, Zeus discovery developments offshore Cyprus following “excellent” production tests

May 01, 2024

Wood secures decarbonization contract to support North Sea flare gas recovery from TotalEnergies

May 01, 2024

Newfoundland and Labrador launches 41-block offshore oil and gas exploration licensing round

May 01, 2024

Enteq Technologies begins multi-well testing program for SABER directional drilling tool in Australia

May 01, 2024

Galp Energia’s Mopane oil discovery offshore Namibia to support company growth, CEO predicts

April 30, 2024

BW Energy sells MaBoMo production facility offshore Gabon for $150 million

April 30, 2024

Permian producer Diamondback Energy shareholders approve $26 Endeavor Energy merger with Q4 2024 closing date

April 30, 2024

TotalEnergies considers moving stock listing to New York over favorable oil and gas views in U.S.

April 30, 2024

Chevron enters promising new oil and gas frontier offshore Namibia following “significant” discoveries

April 30, 2024

Norway to extend life of mature Brage oil and gas field in North Sea with new Bestla offshore tie-in

April 30, 2024

Non-Permian shale plays to attract “significant” investments soon amidst U.S. M&A wave, Rystad Energy reports

April 30, 2024

Petrobras to install six new Buzios FPSOs by 2027 as offshore production increases

April 30, 2024

Energy Workforce & Technology Council elects oil and gas industry leaders to 2024-2025 Board of Directors

April 29, 2024

Oil and gas industry’s “strong” free cash flow to support increasing production targets

April 29, 2024

Chevron to resolve ExxonMobil arbitration over Guyana discovery soon following $53 billion Hess acquisition, CEO predicts

April 29, 2024

ProPetro to deploy electric-powered hydraulic fracturing fleets on ExxonMobil’s Permian operations

April 29, 2024

TotalEnergies CEO calls on policymakers to “face reality” as world oil demand rises

April 29, 2024

Hibiscus Petroleum makes second oil discovery from Bunga Aster exploration well offshore Malaysia, Vietnam

April 29, 2024
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