North America3 months agoInnovex Completes Acquisition of Drilling Innovative SolutionsInnovex International is pleased to announce that it has completed the acquisition of Drilling Innovative Solutions, LLC. Founded in 2013…
North America3 months ago$100 oil could unlock 2.1 million bpd of additional South American crude supplyA sustained $100-per-barrel oil price could unlock up to 2.1 million barrels per day (bpd) of additional crude supply across…
North America3 months agoOil Contractors Face Profit Hits from War FalloutThe fortunes of the world’s largest oil contractors are dimming as fallout from the Iran war clouds prospects for a…
North America3 months agoCourt Orders GE Vernova to Stay on Vineyard Wind’s Offshore Wind FarmA Massachusetts judge on Friday blocked GE Vernova from abandoning work on the largest offshore wind farm in New England…
North America3 months agoUSA Crude Oil Stocks Drop Almost 1MM Barrels WoWU.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 0.9 million barrels from the…
North America3 months agoOil Prices Steady as Traders Balance Diplomatic Progress With Physical ShortagesOil prices were flat in early Asian trade on Thursday as tentative signs of diplomatic progress between Washington and Tehran…
North America4 months agoCB&I Completes Acquisition of Petrofac Asset Solutions BusinessCB&I today announced the completion of an asset sale agreement, previously announced on December 24, 2025, to acquire Petrofac’s Asset…
North America4 months agoOccidental discovers oil at Bandit prospect in U.S. GulfOccidental Petroleum (Oxy) has reported an oil discovery at the Bandit prospect in the U.S. Gulf of America/Mexico, encountering oil-bearing…
North America4 months agoBorr Drilling Limited – Contracting UpdatesBorr Drilling Limited is pleased to announce new contract commitments for four of its premium jack-up rigs. In West Africa,…
North America4 months agoBP’s New CEO Starts in Latest Bid to Revive Embattled Oil GiantWhen Meg O’Neill takes over BP Plc on Wednesday, Big Oil’s first female chief executive officer will benefit from a…
