Occidental is selling non-core assets in the Lower 48 as it works to reduce debt from a $12 billion Permian Basin acquisition.
Mergers with EnLink and Medallion lift the company into the ranks of Energy Transfer and Enterprise Products Partners.
Companies violating the new Environmental Protection Agency rules will start paying penalties next year based on methane emissions reported in calendar year 2024.
EOG Resources has put 25 modern stimulated horizontals to date in the oily Utica fairway in eastern Ohio with one rig and IPs of up to 3,250 boe/d, 70% oil and 85% liquids.
The return of Donald Trump to the U.S. presidency could have both positive and negative impacts on the oil market.
Clean Harbors said the changes come in response to lower value and return on its re-refined products due to price declines in base oil, vacuum gas oil and recycled fuel oil.
More than 25% of U.S. Gulf of Mexico oil remained offline in the aftermath of post-tropical cyclone Rafael.
Encino’s aggressive expansion in the Utica shale has not only reshaped its business, but also set new benchmarks for operational excellence in the sector.
Oil and gas company stocks, particularly those of E&Ps and oilfield services, enjoyed a boost immediately following the presidential election of Donald Trump.
The oil and gas rig count was steady at 585 in the week to Nov. 8, Baker Hughes said on Nov. 8. Baker Hughes said that puts the total rig count down 31 rigs, or 5% below this time last year.