Author: admin@erthaenergy

Chevron has announced it will lay off nearly 800 employees in Midland County, Texas, US, to reduce workforce by up to 20% by the end of 2026.

Hess Midstream has announced the pricing of its secondary public offering of approximately 15.02 million Class A shares at $37.25 each.

The governments of Saudi Arabia and Kuwait have revealed that Wafra Joint Operations have made a an oil discovery in the North Wafra Wara-Burgan field.

SeaRenergy has announced a strategic partnership with Tethys Robotics, a Swiss company specialising in subsea robotics.

Valeura Energy has completed an eight-well drilling campaign at Licence B5/27, located offshore in the Gulf of Thailand.

Glenfarne Alaska has initiated the final engineering phase for the Alaska LNG Pipeline.

Eni has entered into an exclusivity agreement with Global Infrastructure Partners (GIP), a global infrastructure investor and a part of BlackRock.

Saudi Arabia is poised to reduce its July crude oil prices for Asia to a six-month low, mirroring declines in benchmark prices.

Permian Basin Royalty Trust has initiated legal action against Blackbeard Operating, seeking over $9m in damages for alleged underpayment of royalties.

The National Iranian Drilling Company (NIDC) has completed the drilling of 20 onshore oil and gas wells in the span of two months, ending 21 May.