Rigzone Industry News

The technologies that have the potential to process any lithium-containing brine into a responsibly sourced supply of high-purity lithium, a key component in batteries.

Crude futures earned a reprieve from oversold territory after a string of losses.

Aconcagua said last month that it's bidding for aging oil fields being sold by state-run giant YPF SA.

'We think this weekend's OPEC+ meeting boils down to two key items,' Macquarie strategists said.

At Chanda-7, the Kingriali and Fatta formations are currently producing 305 bpd of oil and 2.5 MMcfpd of gas.

Oil fell to the lowest in about four months after OPEC+'s plan to loosen its production curbs this year deepened the market's bearish sentiment.

An Oklahoma attorney who specialized in oil and gas titles and a landman relative received jail terms for a fraudulent leasing scheme that swindled a local oil and gas exploration company.

Oil tumbled after OPEC+ unexpectedly rolled out a plan to restore some production to the market this year, adding to the bearish momentum crude has been experiencing for months.

The agreement aims to keep supporting crude prices while also easing the production restraints against which some members, such as the UAE, have chafed.

Oil futures dropped alongside equity markets as traders look ahead to Sunday's OPEC+ meeting.