North America ///

Permian drillers are said to sell new lighter crude oil grade

There’s a new kind of oil coming out of West Texas.

MEG Energy unanimously rejects Husky Energy's $2.34 billion acquisition offer

MEG Energy Corp. rejected a $2.34 billion hostile takeover offer from Husky Energy Inc. and announced a plan to seek other buyers, kicking off a bidding war for its prized Canadian oil-sands assets.

Sulzer signs deal with Nidec Industrial Solutions

As part of a growing portfolio of services, Sulzer has signed an agreement with Nidec Industrial Solutions that will introduce customers to the high performance, energy efficient drives with class-leading maintenance services.

Clariant upgrades facility in Midland, Texas

Clariant has announced the inauguration of a new state-of-the-art laboratory at its facility in Midland, Texas.

Houston Ducks Unlimited to host inaugural legacy gala

The Houston Ducks Unlimited (DU) chapter will host its inaugural Legacy Gala, Wednesday, Oct. 24, at the River Oaks Country Club in Houston to honor Bruce Culpepper and Shell Oil Company.

Saturn Oil & Gas Inc. increases land position and provides operational update

Saturn Oil & Gas Inc. has successfully bid on certain targeted parcels at the recent Crown land sale, earlier this month.

Oil sheds gains after Trump turns down heat in Saudi dispute

Oil surrendered most of its early gains after tensions appeared to ease between the U.S. and Saudi Arabia amid growing international outrage over the disappearance of one of the kingdom’s most prominent critics.

Fragile pipelines pose an increasing risk in gas-hungry U.S.

The kind of dramatic scenes that played out in suburban Massachusetts last month following a series of explosions and fires may serve as a warning of what lies ahead for the U.S., where an increasing reliance on natural gas is running up against aging infrastructure.

Canada's energy deal logjam seen buckling amid dismal oil prices

The recent collapse in Canadian oil prices may have a silver lining.

McDermott awarded EPC contract for CB&I storage tanks in South Texas

McDermott International, Inc. has announced a sizeable* contract award for CB&I Storage Tanks for the engineering, procurement, fabrication and construction of three external floating-roof tanks in Taft, Texas.

SUEZ opens one of the world's largest R&D labs in Texas

SUEZ has opened one of the world’s largest, most advanced analytical laboratories to serve its growing client base, including the booming refining and petrochemical market, as well as oil and gas operations along the Gulf Coast and beyond.

Colorado House Majority Leader says Proposition 112 unlikely to pass

A ballot measure that could curb oil and gas development in Colorado is unlikely to pass in November, according to Colorado House Majority Leader KC Becker, a Democrat representing liberal Boulder county. Still, the measure’s success thus far will force the statehouse to take action on the issue in 2019.

Oil majors offload Gulf of Mexico fields to hunt bigger finds

Big Oil is giving up looking for singles and doubles in the Gulf of Mexico: Now it’s home runs or bust.

TGS, Schlumberger announce new multi-client nodal seismic project

TGS and Schlumberger today announced a new multi-client nodal seismic project in the U.S. Gulf of Mexico.

World Oil Award 2018 Winners Honored at Houston Gala

More than 350 of the upstream oil and gas industry’s brightest minds gathered Thursday to find out, and celebrate, the winners of the 2018 World Oil Awards. The awards ceremony, now in its 17th year, seeks to recognize and honor the upstream industry’s top innovations and innovators.

Petrobras, Murphy E&P form JV with Gulf of Mexico assets

Petrobras informs that today its subsidiary, Petrobras America Inc., has entered into a definitive agreement with Murphy Exploration & Production Company – USA, a wholly owned subsidiary of Murphy Oil Corporation, to form a joint venture company comprised of producing oil and gas assets in the Gulf of Mexico.

Texas Alliance, IPAA announce two new joint projects

The Texas Alliance of Energy Producers (Alliance) and the Independent Petroleum Association of America (IPAA) have announced their joint effort on two new projects for the benefit of the oil and gas industry. The first project is the 2018 White Paper on water use in the energy industry.

Trump still doesn't like the price of oil, even as it falls

President Donald J. Trump is again saying oil prices are too high, even after West Texas Intermediate crude dropped from a four-year high last week.

PDC Logic becomes Taurex Drill Bits in major company rebrand

PDC Logic LLC has gone through a major rebrand, including a new name. The company has announced that PDC Logic is now Taurex Drill Bits, LLC. The change comes on the heels of ownership and management changes that have led to expanded growth initiatives for the company.

New products and services

Michele Cowart, World Oil

Nine Energy Service has rolled out enhanced SkyView wireline trucks.