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Ping Petroleum has renamed its recently acquired FPSO vessel set for the Avalon field off the UK.

Piñon commissioned the third 450-gallon-per-minute amine treating unit at its Dark Horse Treating Facility in Lea County, New Mexico.

The Permian, which straddles West Texas and New Mexico, is the largest U.S. oil patch.

The Pegasus system conditions field gas into consistent, high-quality fuel to be used in place of diesel for hydraulic fracturing fleets.

The FTC launched a probe into the ExxonMobil-Pioneer merger.

The change will be effective on January 1, 2024.

Pioneer's net income attributable to common stockholders was $1.1 billion.

Sheffield has led Pioneer for more than 20 years.

A rise in project costs has rendered the electricity price unattractive.

Allseas has removed and transported to shore Repsol's massive 30,000-ton Gyda platform following the recent removal of the platform jacket.