Citizen Energy Ventures has brought eight wells into production in Oklahoma’s Anadarko basin and is advancing its 2026 drilling program, which includes plans to develop up to 12 additional wells targeting the Cherokee Formation.
EnerMech has secured a five-year extension of its non-destructive testing (NDT) contract with Chevron Australia, extending the agreement through the end of 2031.
Seismos has opened a new applied acoustics research center in Jarrell, Texas, featuring a 2,349-ft full-scale flow loop designed to advance acoustic sensing, closed-loop well stimulation and real-time completion optimization.
Crude oil prices are set for a modest weekly decline today, as reports of a strong rebound in oil flows out of the Persian Gulf trumped news of more U.S. troops moving to the Middle East and China’s Thursday decision to halt fuel exports this month.
Russia has begun commercial oil exports from Rosneft’s (ROSN.MM), Vostok Oil, its vast Arctic development that Moscow is counting on to lift crude production following years of delays and sanctions.
Shell (SHEL.L) and its partners on Tuesday gave the green light to a LNG Canada Phase 2 expansion in Kitimat, British Columbia, a C$33 billion bet that will double the facility’s production capacity to 28 million tonnes per annum (mtpa) and put Canada on a trajectory to become one of the world’s largest LNG exporters.
The Ghana National Petroleum Corporation (GNPC) and Malaysia’s state-owned energy company PETRONAS have begun a two-week technical and commercial engagement in Accra to assess opportunities in Ghana’s upstream petroleum sector.
Crude oil prices moved markedly lower on Wednesday and stayed there earlier today, after booking a solid jump for September. The decline came in response to reports from JP Morgan, Goldman, and Kpler, suggesting oil flows out of the Persian Gulf had virtually returned to pre-war levels.
Pakistan’s government is considering allowing power plants and private firms to directly import LNG procured on the spot market as the country has been struggling with an energy crisis since the Iran war crippled Qatar’s term supplies.
MidOcean Energy on Tuesday confirmed its participation in the newly sanctioned second development of LNG Canada in British Columbia via a partnership with Petroliam Nasional Bhd (Petronas).