News
Goldman Sachs: This oil rally is not going to last
Oil has been surging this week but Goldman Sachs is calling for gains to be short-lived. The front-month West Texas...
Read moreGenie Energy confirms significant find in Golan Heights
Genie Energy says preliminary evidence from the exploratory wells drilled by its Afek subsidiary in Northern Israel confirms the existence...
Read moreNear-term financial risks for U.S. Independents exaggerated: Wood Mac
The high-growth business models of the U.S. Independents are being tested by low oil prices and tougher access to capital....
Read moreGazprom Neft acquires new licenses in Russia’s Khanty-Mansiysk Autonomous Okrug
Gazprom Neft has acquired additional licenses for geological prospecting, exploration and development at the Yuilsky-3, Lyaminskiy-6 and Severo-Ityakhskiy-1 Blocks, all...
Read moreAPI issues updated standards for hydraulic fracturing
New editions of API’s hydraulic fracturing standards provide the latest technical direction for operators working to continuously improve well integrity,...
Read moreU.S. drillers idle rigs for sixth week as oil lingers near $50
Rigs targeting oil in the U.S. fell by 9 to 605, adding to the 61 sidelined in the previous five...
Read moreHouse votes to lift U.S. oil export restrictions
The vote was welcomed by industry groups and representatives, but critics branded it a “piece of meaningless political theater.†In...
Read moreAnd the Winner of the First ARGOS Challenge Face-Off Is
The jury has just announced the results of the first ARGOS Challenge competition, held in southwestern France in June. The...
Read moreExxonMobil Starts Oil Production at Erha North Phase 2 Project Ahead of Schedule and Well Under Budget
Exxon Mobil Corporation announced that its subsidiary, Esso Exploration and Production Nigeria Limited, has started oil production ahead of schedule...
Read moreTotal enlist SGI to upgrade Pangea supercomputer with additional 4.4 petaflops of power
SGI will boost Pangea's current SGI ICE X high-performance computing (HPC) system with an additional 4.4 petaflops of compute power...
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