Oil prices surge amid renewed US, Iran and Israel military action
Oil prices increased by more than 3% on 1 June following a weekend of intensified military activity between the US…
All articles by BV Swagath
BV Swagath
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SLB to expand reservoir management tools with Tachyus acquisition
SLB has entered into an agreement to acquire Tachyus, a company based in Houston, US, that develops reservoir modelling and…
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Stone Ridge tables $8bn bid for Devon Energy’s Marcellus assets
Devon Energy has been approached by Stone Ridge Asset Management with an offer of approximately $8bn for its Marcellus shale…
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BP removes Albert Manifold as chair citing governance concerns
BP has dismissed Albert Manifold as chair and director with immediate effect due to what it described as “serious concerns”…
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Palm Valley JV strikes long-term gas supply deal with NT Government
Central Petroleum and its Palm Valley joint venture (JV) partners Cue Energy Resources and Echelon Resources have signed a binding…
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Türkiye launches first overseas deep-sea drilling mission off Somalia
Türkiye has initiated its first international deep-sea drilling project, deploying the Cagri Bey vessel off the coast of Somalia near…
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US lawmakers launch inquiry into NGOs opposing Willow project
A group of US lawmakers has launched an inquiry into six environmental non-governmental organisations (NGOs) accused of attempting to halt…
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Pertamina, Halliburton to assess new drilling technology in Indonesia
Pertamina and US-based oil service company Halliburton have entered into a memorandum of understanding (MoU) to assess the introduction of…
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ConocoPhillips explores divestment of Permian Basin properties
ConocoPhillips is reportedly considering the sale of certain assets in the Permian Basin, US, valued at approximately $2bn. The company,…
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Cairn Oil & Gas uncovers resources in Ambe-2A off India’s west coast
Vedanta subsidiary Cairn Oil & Gas has announced a hydrocarbon discovery in the Ambe-2A appraisal well off India’s west coast…