HOUSTON -- Following the devastation caused by recent deadly tornadoes in Moore, Okla., Apache Corp. announced it has pledged $500,000 toward providing storm shelters and safe rooms for Oklahoma schools.
NEW YORK – Crude oil futures prices shed early losses and were little changed Friday as gasoline futures rallied in the last hour of trading ahead of a three-day weekend.
RIO DE JANEIRO -- Petrobras subsidiary Petrobras Tanzania Ltd. has signed a farm-out agreement for the sale of a 12% working interest in Block 6 license offshore Tanzania to Statoil Tanzania AS.
HOUSTON -- Independent technology and services company NCS Energy Services has made recent leadership appointments.
MUMBAI -- Reliance Industries Limited (RIL) and its partners BP and NIKO have announced a significant gas and condensate discovery in the KG D6 block off the eastern coast of India
MOSCOW -- Gazprom will soon announce another "fundamentally new" LNG project" Alexei Miller, the company's CEO, told Interfax.
LOS ANGELES -- Occidental Petroleum may consider selling its overseas assets or splitting into three separate companies in order to fund a stock buyback and improve its share price, CEO Steve Chazen told investors this week.
CARACAS -- PDVSA and Rosneft signed deals to boost production at a new joint venture in the South American country's vast Orinoco heavy oil belt.
HOUSTON -- Paradigm has released Paradigm 2011.3, the latest upgrade to the Paradigm 2011 synchronized software release. Like previous upgrades, this release delivers significant advances in functionality, usability, integration and performance across the entire exploration and production chain served by the Paradigm portfolio.
HOUSTON -- Noble Energy today announced that the company will donate $500,000 to support disaster-relief and recovery efforts for the communities affected by the devastating tornadoes that recently swept through central Oklahoma.
RIO DE JANEIRO -- Brazil will hold its first auction of pre-salt oil exploration acreage under the country's new production-sharing regime in October, one month earlier than expected.
HOUSTON -- Marathon Oil said discussions to sell its 20% outside-operated stake in the Athabasca Oil Sands Project in Alberta, Canada, were unsuccessful and talks with a prospective buyer have been terminated.
SAO PAULO -- Tenaris plans to start up two new presses at its mill in Pindamonhangaba, Brazil, as the result of a $180-million investment.
ANCHORAGE -- Polar Petroleum has signed an agreement with Fugro Gravity and Magnetic Services (part of the Fugro group) to license magnetic data and receive interpretation services for Polar's Hemi Springs Project and Franklin Bluffs Project on Alaska's North Slope.
HOUSTON -- Willbros Group announced today that Earl Collins has been named president of its Oil and Gas segment.
HELSINKI -- Wärtsilä has been contracted to supply its Direct Electric Heating (Wärtsilä DEH) system for Chevron Overseas Congo Limited's Lianzi offshore development project, off the Republic of the Congo and Angola coasts.
LONDON -- DNV is launching a new training certification scheme for Dynamic Positioning Operatives to training providers in the UK. The new program will be rolled out in Aberdeen and London on May 21 and May 23, respectively, and will provide a faster, more tailored course option in this field.
LONDON --Tower Resources, said that the recent Wingat-1 well drilling results from HRT Participacoes em Petroleo, on the Walvis Basin offshore Namibia, offers significant encouragement for Tower's Welwitschia-1 well, scheduled to be drilled in the first half of 2014.
ABU DHABI -- BP plans to increase the production capacity at the Rumaila oilfield, the largest in Iraq, by 750,000 bpd by 2017, and aims to increase its spending in the country to $5 billion a year from the current $2.6 billion by 2016, a senior executive said.
PARIS -- Qatar Petroleum agreed to take a 15% stake in the total oil and gas exploration project in Congo, both companies said in a statement