Greenland Energy advances 2026 Arctic drilling campaign with logistics agreement
(World Oil) – Pelican Acquisition Corporation and Greenland Exploration Ltd., which are in the process of combining to form Greenland Energy Company, have secured […]
Exploration & Production (E&P)
bp ramps up shale drilling, targets 650,000 boed output by 2030
(World Oil) – bp Plc is aggressively expanding shale drilling, bucking the conservative approach of many rivals, as the UK oil […]
MCM Energy grows Permian position with Battalion asset purchase and new financing
(World Oil) – MCM Energy Partners has completed its acquisition of crude oil and natural gas assets in the Delaware basin from Battalion […]
Shale giant Diamondback says global oil glut fears are fading
(World Oil) – Fears of a global oil glut that had been expected to crater crude prices are fading amid resilient energy demand, […]
North Dakota operators likely to keep crude output steady this year, regulator says
(BOE Report) – Crude output is expected to be relatively steady in North Dakota in February, the third-largest U.S. oil-producing state, […]
Murphy Oil’s offshore West Africa well comes up dry
(World Oil) – Murphy Oil has plugged and abandoned its Caracal-1X exploration well offshore Côte d’Ivoire after the well encountered hydrocarbon […]
GOP investigates environmental groups opposing Alaska’s Willow oil project
(World Oil) – House Republicans have launched an investigation into six environmental organizations over their opposition to a $9 billion […]
ConocoPhillips explores $2-billion sale of Permian basin assets
(World Oil) – ConocoPhillips is exploring a sale of some of its Permian basin assets as part of a broader streamlining […]
Wood Mackenzie says Big Oil’s strategy has snapped back to upstream
(Oil Price) – If there was any lingering doubt about what’s keeping Big Oil executives up at night, the fourth-quarter results […]
Ecopetrol posts 1.94 Bboe in proved reserves, replaces 121% of production in 2025
(World Oil) – Ecopetrol reported proved reserves of 1.94 Bboe at year-end 2025, representing a 2.7% increase from 2024 and marking the […]