Despite the flat production outlook, BP said it will increase the average number of rigs it operates this year to 8.
Marathon Oil lays off 5% of workforce
Marathon Oil Corp has laid off around 100 U.S. employees, or about 5% of its total workforce.
CNOOC Leads Rivals in Cutting Oil Sands Emissions
Cnooc Ltd. slashed the rate of carbon dioxide released from its Long Lake oil sands site by a third in the eight years ended 2019,
Shell to freeze salaries for majority of staff amid overhaul
Shell will freeze salaries for most of its employees this year
ARC Resources and Seven Generations Energy Announce Strategic Montney Combination
ARC Resources Ltd. (“ARC”) and Seven Generations Energy Ltd. (“Seven Generations”) today announce a strategic combination of the two premier Montney producers.
Fortune Names Apache Corporation One of the World’s Most Admired Companies
Apache Corporation (Nasdaq: APA) has been named by FORTUNE magazine as one of the World’s Most Admired Companies.
Oxy Low Carbon Ventures, together with Macquarie, Deliver World’s First Shipment of Carbon-Neutral Oil
OXY announced today the delivery of two million barrels of carbon-neutral oil1 to Reliance Industries in India.
ExxonMobil Low Carbon Solutions to commercialize emission-reduction technology
ExxonMobil said today it has created a new business to commercialize its extensive low-carbon technology portfolio. The new business, ExxonMobil Low Carbon Solutions, will initially focus on carbon capture and storage, one of the critical technologies required to achieve net zero emissions and the climate goals outlined in the Paris Agreement.
Eagle Ford Mesquite Emerges from Sanchez Restructuring – download wells drilled since 2017
Houston-based Sanchez Energy Corp. late Tuesday said it had completed a financial restructuring and emerged from bankruptcy as Mesquite Energy Inc.
Top 25 Gas Producers Western Canada – Get the full list
2021 is going to be a positive year for natural gas producers