Petrobras starts new production at Buzios, expected to become company's biggest oilfield
Petrobras (NYSE:PBR) said Monday it started production at the Buzios 7 project, the company's sixth project in the Buzios ...
Oilfield Technology1d
Validus Energy to acquire 89 Energy III for US$850 million
Privately owned US oil and gas producer Validus Energy is set to acquire rival 89 Energy III for approximately US$850 million ...
Big Oil in no rush to 'drill baby drill' this year despite Trump agenda
Wall Street expects U.S. oil and gas companies to keep a lid on spending in 2025 and keep their focus on generating ...
Scripps News on MSN5d
Chevron, second-largest oil company in the US, plans to slash thousands of jobs
Chevron announced Wednesday it's laying off 15% to 20% of its workforce — meaning up to 9,000 jobs will be slashed.
Number of active U.S. drilling rigs up this week
The number of active drilling rigs in the United States stands at 588 this week, up by two from the previous week but down by 33 from a year ago, according to the weekly data released Friday by ...
justthenews4d
Gulf of America becomes a battle of energies between GOP oil drilling and Dems’ offshore wind
Democrats in a recent House Natural Resources Committee hearing insisted that there never was any war on fossil fuels. They then claimed the industry was corrupt and destroying the planet.