Rigzone Industry News

The government hopes to rein in excesses at the state-owned company.

Five Canadian premiers are pushing to get a carbon tax exemption on home oil heating extended to all forms of home heating.

P-71 has achieved its maximum production level of 150,000 bopd.

The Riograndense Petroleum Refinery in Brazil has successfully processed 100 percent soybean oil in a fluid catalytic cracking unit.

Petronas made a second discovery on Suriname's Block 52.

Pennsylvania and CNX will collect 'in-depth' data on air emissions and water quality at well sites with a view to informing policy.

The transaction increases Permian Resources' position in the Permian Basin by approximately 223,000 net acres.

TotalEnergies said it doesn't tolerate any threats against those who lawfully promote human rights in relation to its activities.

The acquisition will expand Pine Cliff's core operations into the Caroline area of Western-Central Alberta, adding production of approximately 5,300 barrels of oil equivalent per day.

The Calgary-based company's revenue increased 4.1 percent to $322.97 million (CAD 446.7 million) year over year.