Rigzone Industry News

U.S. oil production will decline if the corporate-acquisition spree sweeping the shale sector is prolonged, according to a Federal Reserve Bank of Dallas survey.

SM could announce a deal of about $3 billion with XCL backers including EnCap Investments in the coming days.

'It will not be possible to seize the gas in the transition or distribution network, nor the claims of a third party from a particularly significant contract for the supply of natural gas'.

'The OD OBN technology will be important in the reduction of greenhouse gas emissions during our seismic acquisition operations offshore'.

Standard Chartered analysts noted that oil prices 'have continued their post-OPEC+ recovery'.

Eni shares gained as much as 1.5 percent in Wednesday trading.

Sound Energy is divesting its entire issued share capital in Sound Energy Morocco East Limited (SEME) to Managem.

The acquisition will consolidate more assets in the hands of what is already the world's biggest LNG player, at a time when demand for LNG expands faster than other fossil fuels.

Subsea7 won a significant EPC contract for the Bittern field.

China has reduced power generation from fossil fuels as output from sunlight and water surges, feeding hopes that the world's biggest polluter may have peaked emissions years before its own deadline.