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Oil States Executive Officer Chris Cragg Steps Down

2021-02-24 15:21:46| OGI

Oil States International Inc. has revealed on Feb. 23 that Chris Cragg, executive vice president of operations will depart the company effective March 1, 2021 to pursue other opportunities.

Tags: states executive steps oil

Category: Industrial Goods and Services

Malaysias Petronas Discovers Oil at Indonesias Hidayah-1 Exploration Well

2021-02-24 15:19:39| OGI

The well tested at about 2,100 barrels of oil per day with good crude quality, Petronas said in a statement.

Tags: well oil exploration discovers

Category: Industrial Goods and Services

Peloton Enters into Agreement to Acquire Cevian Technologies

2021-02-24 15:06:42| OGI

Peloton has entered into an agreement on Feb. 23 to acquire Cevian Technologies, a cloud-based software company that specializes in real-time data acquisition, visualization, and reporting tools for the completions industry.

Tags: agreement technologies acquire enters

Category: Industrial Goods and Services

Biden, Trudeau Move Past KXL Dispute with Climate Change Pledge

2021-02-24 14:45:00| OGI

U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau made it clear during their first bilateral meeting that they wanted to put the Keystone XL pipeline dispute behind them and work together.

Tags: change past move climate

Category: Industrial Goods and Services

Macquarie Capital Launches LNG Project Development Platform

2021-02-24 11:30:00| OGI

WaveCrest Energy will initially focus on Latin American and Asian markets, helping enable a switch to natural gas, Macquarie Capital said.

Tags: development project capital platform

Category: Industrial Goods and Services

Black Sea Oil & Gas to Begin Romania Offshore Gas Extraction in November

2021-02-24 11:24:00| OGI

Critics warn Romanias window to tap its offshore reserveswhich could diversify gas supplies in the region and help Romania phase out coal in line with EU targetsis narrowing.

Tags: november black sea begin

Category: Industrial Goods and Services

Oil and Gas Investor A&D Trends: Hard, Classic Rock

2021-02-24 10:00:00| OGI

Behold! Like the ancients scanning the sky for portents, large bodies are colliding in the observable M&A-verse of upstream oil and gas.

Tags: hard rock classic gas

Category: Industrial Goods and Services

Permian Operator Pioneer Natural Resources Beats on Fourth-quarter Profit

2021-02-23 22:55:00| OGI

The winter storm last week in Texas will impact Pioneer Natural Resources production, focused solely in the Permian Basin, by about 30,000 to 55,000 bbl/d of oil and gas this quarter, the company said.

Tags: resources natural profit operator

Category: Industrial Goods and Services

Spotlight: Most Noteworthy Oil Industry Tech of Today

2021-02-23 22:00:00| OGI

The oil industry has had a turbulent time of late but new technologies are continually helping to shape its future in exciting and innovative ways, says TriStone Holdings Director Henry Berry while examining some of the most noteworthy industry tech out there.

Tags: today industry tech oil

Category: Industrial Goods and Services

Occidental Petroleum Expects Winter Storm Impact on Permian Output to be Short-lived

2021-02-23 21:25:00| OGI

Occidental Petroleum does not anticipate growing global production at least this year, says CEO Vicki Hollub, adding that the company will not increase capital spending even if oil prices improve further.

Tags: impact winter output storm

Category: Industrial Goods and Services

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