Equinor Divesting Full Onshore Position in Vaca Muerta Basin
'This transaction strengthens Equinor's financial flexibility', said Philippe Mathieu, executive vice president for Exploration & Production International at Equinor.
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USA Boards Venezuela-Linked Oil Tanker
U.S. forces boarded an oil tanker after a cat-and-mouse chase from the Caribbean to the Indian Ocean, the Pentagon said.
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Expand CEO Steps Down
Expand Energy Corp. said Domenic 'Nick' Dell'Osso, Jr. stepped down as chief executive officer.
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India Seizes Three Tankers
The Indian Coast Guard seized three tankers that it said were involved in oil smuggling.
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BofA Report Compares Big Oil Cos
In a BofA Global Research report sent to Rigzone last month, analysts offered a comparison of global 'big oil' companies.
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Transocean to Buy Valaris in Near $6B Deal
'The powerful combination is well-timed to capitalize on an emerging, multi-year offshore drilling upcycle', said Keelan Adamson, Transocean President and Chief Executive Officer.
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BP Halts Share Buybacks
BP Plc is halting share buybacks to shore up its balance sheet.
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Oil Settles Higher as Hormuz Risks Resurface
Oil prices closed higher after the US warned ships to avoid Iranian waters near the Strait of Hormuz.
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OEUK Flags 'Prolonged Bout of Severe Weather' in North Sea
'Although we get this sort of weather every two or three years or so, it can be quite uncomfortable', OEUK Health and Safety Manager Graham Skinner said.
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Vitol Pushes Back Peak Oil Demand Forecast
The world's largest independent oil trader Vitol Group said oil demand will take longer to peak than it previously estimated.