All Petroleum News

Offshore Technology Conference elects new chairman, vice chairman for 2014-2015

The Offshore Technology Conference Board of Directors has elected a new chairman and vice chairman for 2014-2015.

GulfStar Group wins award at M&A Advisor Awards ceremony

GulfStar Group was named the winner of the Energy Deal of the Year Under $500 million at the 5th Annual International M&A Advisor Awards for the acquisition o...

Express Energy Services offers new technology for offshore plug and abandonment, decommissioning

Express Energy Services has introduced a newly developed, integrated work station for offshore plug and abandonment (P&A) and decommissioning operations along...

Utica oil or bust? A wet gas play with plenty of condensate

Last Thursday (May 16, 2013) the Ohio Department of Natural Resources offered a rare glimpse into 2012 production in the Utica shale. In a long awaited report, th...

The Rt. Hon. The Lord Howell of Guildford appointed president of the EIC

The Energy Industries Council (EIC), a trade association for UK companies that supply goods and services to the energy industries worldwide, has appointed The Rig...

Tailwater Capital spins out of HM Capital with $425 million fund

Tailwater Capital, a newly formed Dallas-based private equity firm, has partnered with Landmark Partners to complete the secondary purchase of oil and gas investm...

Warren Resources increases capital budget to drill 25 new Wyoming CBM wells

Warren Resources Inc. (Nasdaq:WRES) is increasing its 2013 capital expenditure budget by $15 million to $73 million.

Outlook on US exploration and production industry remains stable, says report

Most rated US exploration and production (E&P) issuers continue to carry stable outlooks and will continue to remain stable at least for the remainder of this...

Chesapeake Energy names Lawler CEO

Chesapeake Energy Corp. has named Robert Douglas (Doug) Lawler, senior vice president of international and deepwater operations at Anadarko Petroleum, as CEO and ...

EC raids trading offices of 3 major oil companies amid price-fixing reports

European Commission investigators raided the trading offices of three major oil companies and a price reporting agency this week amid complaints about price-fixin...