Caterpillar Oil & Gas has made an equity investment in GTUIT, a manufacturer of mobile gas treatment systems.
CONSOL Energy and Halliburton have announced the deployment of the first frac spread that is fully compliant with EPA’s 2015 Tier 4F emissions standard for non-road, high-horsepower engines.
Lenders are preparing to cut the credit lines to a group of junk-rated shale oil companies by as much as 30% in the coming days, dealing another blow as they struggle with a slump in crude prices, according to people familiar with the matter.
SAN RAMON, California -- Chevron Corp. has confirmed that George L. Kirkland, vice chairman and executive V.P., Upstream, will retire from the company, effective June 15.
Breitburn Energy Partners and EIG Global Energy Partners have announced definitive agreements, whereby Breitburn will sell $350 million of perpetual convertible preferred units and $650 million of senior secured notes. The funds will be used for future growth and strategic acquisitions.
BUENOS AIRES (Bloomberg) -- Petroleo Brasileiro SA, the state-controlled company at the center of Brazil’s biggest corruption scandal, agreed to sell oil and natural gas fields in southern Argentina to billionaire Eduardo Eurnekian’s Corporacion America, two people with knowledge of the deal said.
Chevron Corp. withdrew from a natural gas exploration venture in central Australia, as the second-biggest U.S. energy producer curtails spending.
Wood Mackenzie's breakeven analysis of more than 800 individual assets in the Lower 48 reveals dramatic variations in the viability of company asset bases and sub-plays.
Weatherford has announced the commercial release of its TruFrac composite frac plug at the 2015 Intervention and Coiled Tubing Association Conference and Exhibition.
Whiting Petroleum Corp. has given up finding a buyer, saying instead it will sell as much as 40.3 million shares and raise $1.9 billion in debt to clean up its balance sheet.
Thousands of Texans who prowled county courthouses, poring over dusty deeds and maps to cash in on the biggest oil boom in decades, are seeing their work go bust.
The biggest retreat from U.S. oil fields on record is showing signs of subsiding.
The Independent Petroleum Association of America (IPAA) and Western Energy Alliance have filed a lawsuit against the U.S. Secretary of the Interior and the U.S. Bureau of Land Management (BLM), challenging BLM’s issuance of regulations related to hydraulic fracturing on federal and Indian lands.
U.S. Secretary of the Interior Sally Jewell has released final standards for hydraulic fracturing on public and American Indian lands.
WASHINGTON, D.C -- New regulations on hydraulic fracturing on federal lands, issued by the Department of Interior’s Bureau of Land Management, will stifle energy growth and lead to costly delays, the American Petroleum Institute (API) said.
WASHINGTON, D.C. (Bloomberg) -- The Obama administration issued the first federal regulations for fracing since the drilling technique fueled a domestic energy boom, requiring extensive disclosures of the chemicals used on public land.
Oil supplies at Cushing, Oklahoma, the delivery point for U.S. futures contracts, surged to a record last week, fueling speculation that prices already at a six-year low will fall further as the nation’s storage tanks fill up.
Quicksilver Resources has announced that the company and its U.S. subsidiaries have each filed a voluntary petition under chapter 11 as the first step in a financial restructuring.
WARSAW (Bloomberg) -- Poland’s estimated recoverable reserves of so-called tight gas are probably higher than its proven conventional deposits of the fuel, according to the Polish Geological Institute.
MELBOURNE (Bloomberg) -- Oil dropped to the lowest intraday price since March 2009 amid speculation that record U.S. crude supply may start to strain the country’s storage capacity.