Rigzone Industry News

Marathon Oil has promoted Rob L. White to executive vice president and chief financial officer effective May 1.

Bonterra Energy Corp. has closed the acquisition of an undeveloped Charlie Lake asset prospective for light oil, comprised of 79 net sections of land in Bonanza, Alberta.

An unexpected increase in Henry Hub prices is countering bearish fundamentals seen in recent weeks, Rystad Energy Senior Analyst Lu Ming Pang said.

Russian refineries' recovery from Ukrainian drone attacks helped the country's oil processing to pick up in the second half of February.

NFE has put its Terminal Gas Sul in Santa Catarina and Barcarena LNG terminal in Pará into operation.

The transaction enhances the Denver-based company's Denver-Julesburg (DJ) Basin footprint.

'The project aims to create lower carbon energy by utilizing solar power, land, and non-potable produced water from Chevron's existing assets at the Lost Hills Oil Field in Kern County'.

Rystad Energy and Macquarie look at the latest OPEC+ developments.

The Energean Power floating production storage and offloading unit (FPSO) now has four production wells in operation.

'The wreckage was found at 20.14 hours at approx. 220 meters depth,' the NSIA said.