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USA
Chevron reports fourth quarter loss of $588 million and 2015 earnings of $4.6 billionFeb 1, 2016Chevron Corporation reported a loss of $588 million ($0.31 per share – diluted) for fourth quarter 2015, compared with earnings of $3.5 billion ($1.85 per share – diluted) in the 2014 fourth quarter.
Acorn Energy makes management changeJan 29, 2016Acorn Energy, Inc. says that its Board of Directors has appointed Jan Loeb the Chief Executive Officer of Acorn Energy. Mr. Loeb, who has served as a director of the Company since
Plains All American Pipeline closes $1.6 billion private placementJan 29, 2016Plains All American Pipeline, L.P. has closed the previously announced sale of approximately 61 million units of a newly authorized series of 8% perpetual Series A Convertible Preferred Units
New pipeline projects increase Northeast natural gas takeaway capacityJan 29, 2016A number of recently completed and upcoming natural gas infrastructure projects are expected to increase the reach of natural gas produced in the Marcellus and Utica regions
Red Marine successfully delivers Bespoke testing programJan 29, 2016Red Marine has successfully completed the qualification testing of a new subsea landing string valve system for FMC Technologies.
GE Oil & Gas launches pilot program with BP and partnership with ParadigmJan 29, 2016GE Oil & Gas declared the creation of its new Oil & Gas Digital Solutions business, appointing Matthias Heilmann as head of the organization and Chief Digital Officer.
VAALCO Energy to explore strategic alternativesJan 28, 2016VAALCO Energy, Inc. says that its Board of Directors has formed a strategic committee to explore a range of strategic alternatives to further enhance shareholder value.
NuStar Energy L.P. appoints new directorJan 28, 2016NuStar Energy L.P. says that longtime financial services industry leader Bob Munch has been elected to serve on its Board of Directors, effective January 26, 2016.
AWE sells US Shale assets for $190 millionJan 28, 2016AWE Limited has entered into an agreement to sell its 10% working interest in the Sugarloaf Area of Mutual Interest (AMI) to Carrier Energy Partners II, LLC (CEP II), for cash
Hess Corporation reduces 2016 E&P capital budgetJan 27, 2016Hess Corporation has declared a 2016 E&P capital and exploratory budget of $2.4 billion, a 40 percent reduction from its 2015 actual spend of $4.0 billion and approximately 20 percent
Williams and Williams Partners declare 2016 capital planJan 27, 2016Williams and Williams Partners has declared Williams Partners 2016 growth capital funding needs total $2 billion, down approximately $1 billion, or 32 percent,
Royal Energy to acquire control of Rhino Resource PartnersJan 27, 2016Royal Energy Resources, Inc. has entered into a Securities Purchase Agreement with Wexford Capital, LP, and certain of its affiliates (collectively, 'Wexford'), under which
Seatronics is first company to achieve Valeport calibration facility reaccreditationJan 27, 2016Seatronics, an Acteon company, is the first to sign up to enhanced accreditation as a supplier of third party calibrations to the ROV and survey communities, globally.
ExxonMobil, Renewable Energy Group to research biodiesel from cellulosic sugarsJan 27, 2016ExxonMobil has signed an agreement with Renewable Energy Group, Inc. (REG) to study the production of biodiesel by fermenting renewable cellulosic sugars from sources such
Baker Hughes announces weekly rig countsJan 26, 2016Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. U.S. Rig Count is down 13 rigs from last week to 637, with oil rigs down 5 to 510,
Krewe Energy acquires Lapeyrouse fieldJan 26, 2016Krewe Energy, LLC recently completed the acquisition of 100% of Castex Energy's interest in the Lapeyrouse Field located in Terrebonne Parish, Louisiana. Simultaneous to the Castex
Kongsberg Maritime wins order for six HUGIN AUV SystemsJan 25, 2016Kongsberg Maritime gets order for 6 HUGIN AUV Systems. The vehicles will be operated by SeaTrepid International LLC. of Louisiana, USA and supported by Deep Ocean Search
Golar LNG and Schlumberger sign Memorandum of UnderstandingJan 25, 2016Golar LNG has signed a Memorandum of Understanding with Schlumberger to co-operate on the global development of greenfield, brownfield and stranded gas reserves.
Pantheon Resources completes the pressure build up test on VOS#1Jan 25, 2016Pantheon Resources reveals that the JV has completed the pressure build up test on VOS#1. This has provided valuable diagnostic information on what the JV perceives is a
Schlumberger results reveals 10000 jobs cutJan 25, 2016Schlumberger Limited reported results for full-year 2015 and the fourth quarter of 2015.
Schlumberger Chairman and CEO Paal Kibsgaard commented,
Luxe Energy acquires initial assets of approximately 18,000 net acres in Delaware BasinJan 22, 2016Luxe Energy LLC has acquired certain undeveloped acreage and producing oil and gas properties located in Reeves and Ward Counties, TX from two separate sellers,
Abilene successfully completes Susank B #1-2 wellJan 22, 2016Abilene Oil and Gas Limited has been advised by the joint venture operator of the Central Kansas Uplift Project, CMX Inc, that the Susank B #1-5 well has been successful and will
NuVista Energy production stands approximately 23,400 Boe/d in Q4 2015Jan 22, 2016NuVista Energy Ltd. declares a number of updates that highlight the economic viability and flexibility of NuVista's ongoing business. Corporate metrics have met all original guidance expectations
Cyberhawk reports record growth within its oil and gas division during 2015Jan 22, 2016Cyberhawk Innovations has reported record growth within its oil and gas division during 2015 due to impressive demand from domestic and global markets.
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