Tilt Celebrates its First Anniversary!

Discover some of the exciting ideas our customers have posted on Tilt, which is celebrating its fi...

Total Recognized for Our Efforts to Reduce Flaring

Reducing greenhouse gas emissions by close to 350 million tons a year — that's the impressive chan...

Eni and Total Sign Agreement on EST Technology

Eni and Total have entered into a special license and R&D Cooperation Agreement for Eni Slurry...


Murphy Oil Corporation (NYSE:MUR) ("the Company") announced today that it has entered into a variabl...

  • Tilt Celebrates its First Anniversary!

  • Total Recognized for Our Efforts to Reduce Flaring

  • Eni and Total Sign Agreement on EST Technology


Onshore News

BP starts production from giant Khazzan gas field in Oman ahead of schedule and under budget

BP, together with the Ministry of Oil & Gas of the Sultanate of Oman, announced that production has begun from the giant Khazzan gas field, which

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Messoyakha Neftegaz exploring potential for underground gas storage

Messoyakhaneftegaz, a joint enterprise between Gazprom Neft and Rosneft, has obtained a licence from Rosnedra (the Federal Subsoil Resources Managemen

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Ecopetrol announces oil discovery at Santander

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (“Ecopetrol” or the “Company”) reports that the Boranda-1 well discovered the presence of crude in t

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Onshore Market Reports

ExxonMobil to Acquire Interest in Block Containing Brazil’s Carcara Oil Field from Statoil

ExxonMobil announced that it has completed an agreement to purchase half of Statoil’s interest in the BM-S-8 block offshore Brazil, which contains part of the pre-salt Carcara oil field. The Carcara

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Kosmos Energy Acquires Hess Corp. Assets in Equatorial Guinea

Kosmos Energy will acquire the assets from Hess; existing investors Tullow Oil and GEPetrol will enter partnership with the new operator   US oil company Hess Corporation will give up its 85-perc

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US Polyethylene Export Market Report 2017-2020

Petrochemical Update released a detailed new whitepaper today, the US Polyethylene Export Market Report 2017-2020 – a large 60+ page report detailing the fast-changing US polyethylene market with in

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Onshore Projects

Crude-oil bulls threatened as shale patch revives drilling plans

The rally in crude oil is reviving the U.S. shale boom, threatening speculators who are the most bullish on prices since July.            &n

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Noble Energy buys into Eagle Ford, Permian with Rosetta Resources acquisition

Noble Energy and Rosetta Resources have announced a definitive merger agreement whereby Noble Energy will acquire all of the common stock of Rosetta in an all-stock transaction valued at $2.1 billion,

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$2.1 billion Rosetta acquisition could be first of many

The first major shale deal after the worst oil price collapse in five years is a model for future transactions that promises to quickly change the industry as companies expand in new areas or soak up

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Onshore Press Releases

BP Target Neutral expands carbon offset portfolio

BP advances its commitment in support of a lower carbon future: the project portfolio has the total capacity to reduce up to 2.5 million tonnes of CO2 equivalent per year and improve the livelihoods o

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ExxonMobil and University of Wisconsin-Madison to Advance Research into Conversion of Biomass into Transportation Fuel

The University of Wisconsin-Madison and ExxonMobil have announced a two-year renewal of an agreement to research the fundamental chemistry of converting biomass into transportation fuels. The research

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Lukoil completes well six and begins drilling well seven at filanovsky field

LUKOIL has completed construction of the sixth well, a water injector, at Vladimir Filanovsky field in the Caspian Sea and started to drill the seventh, a horizontal one, also a water injector. The fi

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