Industry News

  • Exploration
  • Ineos acquiring more interests off the UK
    Ineos UK SNS Ltd. has agreed to farm in to two exploratory licenses in the West of Shetland area off the UK that include a large natural gas prospect called Lyon.
  • Gulf of Mexico producers to become Talos Energy Inc.
    Talos Energy LLC, Houston, and Stone Energy Corp., Lafayette, La., have agreed to merge in an all-stock transaction creating a Gulf of Mexico producer named Talos Energy Inc. Both companies recently have reported discoveries in the deepwater Gulf of ...
  • Reforms could reduce expropriation risk, Latin America forum told
    Reforms under way in several Latin American countries contain provisions aimed at increasing certainty for foreign investors and improving chances that energy assets will not be expropriated later, speakers at the Inter-American Dialogue's Latin Amer...
  • Drilling & Production
  • Maersk Drilling outlines alliance with Aker BP
    Maersk Drilling and Aker BP announced a drilling rig alliance based on a tripartite collaboration model that also includes service provider Halliburton Co. The alliance involving high-performance jack ups aims at lower cost for Aker BP and increased ...
  • Serica due BP stakes in three fields off UK
    Serica Energy PLC, London, has agreed to buy interests in three natural gas and condensate fields in the northern UK North Sea from BP PLC and become operator. 
  • Chaparral exits EOR to focus on STACK
    Chaparral Energy Inc., Oklahoma City, has sold its enhanced oil recovery properties in Oklahoma and Texas to Perdure Petroleum, which Delaware records indicate was formed Sept. 26 as a limited liability company.  
  • American Petroleum Institute
  • Energy Year in Review
    Despite occasional policy obstacles, the U.S. energy revolution continues to enhance America’s economic and national security and deliver major benefits to consumers, the environment and manufacturers. With commonsense, market-based, consu...
  • Energy is All Around the Holidays
    Everywhere you go, whatever you do, energy – anchored by abundant U.S. oil and natural gas – is making life warmer, easier, healthier and more enjoyable. Let’s mark the holidays with a look at just a few of the gifts we enjoy, from the energy t...
  • New U.S. Energy Course Starts Offshore
    We need to change our course on energy – in offshore policy and other areas – to benefit American consumers, U.S. businesses, our economy and the country’s energy security. Given the fact it takes years to realize the benefits of of...

Lauren Yates