Over 22% of crude oil production in the U.S. Gulf of Mexico was shut-in in response to Hurricane Rafael.
Oil prices rose nearly 1% on Nov. 7 following the U.S. election results and as Hurricane Rafael rolls into the Gulf of Mexico.
The head of OPEC’s energy studies warned that failure to invest in oil production could lead to a global energy crisis as early as 2035.
The CEOs of Baker Hughes, SLB and Japan’s Inpex see an energy expansion that includes oil and gas—with lower emissions—as the most pragmatic way to tackle climate change.
Devon Energy is producing record volumes from the Delaware Basin—its biggest asset—where the company drilled a 21-well pad targeting six different intervals in recent months.
East Daley looks at potential courses as the basin continues to increase production.
Singapore-based OMS Energy, a wellhead system manufacturer, has not yet determined its price range and number of shares.
CNOOC’s Long Lake Northwest project will reach a peak production of 8,200 bbl/d of crude in 2025.
Former GOP Majority Leader Eric Cantor, vice chairman and managing partner at Moelis, said EV subsidies are likely to be in the president’s crosshairs in his second term.
Natural gas demand is on the rise, and with that comes a flurry of measures to capitalize on evolving market needs. How are Baker Hughes and NOV navigating the changing energy landscape?