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President-elect Donald Trump plans to name Cheryl LaFleur chairman of the Federal Energy Regulatory Commission, an agency charged with overseeing the nation’s power grid and deciding on multi-billion-dollar energy projects, two people familiar with the situation said.
Schlumberger reported a fourth-quarter loss as oil’s slump continued to weigh on demand for drilling services.
Fairmount Santrol announced today an extension to Propel SSP proppant transport technology, which increases hydraulic fracturing efficiency, for plays where operators face high produced water disposal costs and constraints on freshwater availability.
Danos has secured a contract to perform mechanical hook-up and commissioning (HUC) support services for the Hess Stampede tension leg platform (TLP) in the Gulf of Mexico.
Plains All American Pipeline (PAA) is to expand the capacity on its Cactus pipeline from McCamey to Gardendale, Texas, to approximately 390,000 bpd.
NextDecade has signed lease agreements with the State of Texas and the City of Texas City for a close to 1,000-acre site at Shoal Point for the potential development of a multi-billion-dollar LNG export facility.
Cameron, a Schlumberger company, today announced the signing of two 10-year pressure control equipment management service contracts on behalf of Transocean valued at greater than $350 million.
The Dresser-Rand business, part of Siemens Power and Gas, has commissioned its first small-scale natural gas liquefaction system at the Ten Man liquefied natural gas (LNG) facility near Mansfield, Pa.
Commissioner George P. Bush today announced that the Texas General Land Office's (GLO) fourth online sale of oil and gas leases earned public education more than $84 million.
Oil fell in New York, reversing earlier gains, after the head of the International Energy Agency (IEA) predicted a rebound in U.S. supply.
TechnipFMC has announced that it is operating as a unified, combined company following completion of the merger of FMC Technologies and Technip.
Exxon Mobil Corporation will more than double its Permian basin resource to 6 Bboe through the acquisition of companies owned by the Bass family of Fort Worth, Texas, with an estimated resource of 3.4 Bboe in New Mexico’s Delaware basin, a highly prolific, oil-prone section of the Permian basin.
Owen Oil Tools, a division of Core Laboratories, recently launched its HERO PerFRAC line of shaped charges.
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Noble Energy is to acquire all of the outstanding common stock of Clayton Williams Energy for $2.7 billion in a stock and cash deal.
Lloyds Energy Group announced that it has submitted a formal application with the Department of Energy (DOE) to export LNG to countries which have a Free Trade Agreement (FTA) with the U.S. from its proposed facility in Calhoun County, Texas.
ConocoPhillips Alaska has made a new oil discovery in the Greater Mooses Tooth (GMT) Unit located in the northeastern portion of the National Petroleum Reserve–Alaska (NPRA).
U.S. shale is getting in the way of a New Year’s resolution by OPEC to cut production and boost the market.
MEG Energy Corp. is boosting production at its Christina Lake project in Alberta and tapped debt and equity markets for financing, further signs of a rebound in Canada’s oil patch as crude prices stabilize.