Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

Chevron, Occidental, Woodside Energy Confirm Oil Discovery at Bandit Prospect JV, Gulf of America

May 4, 2026

Chevron has confirmed an oil discovery at the Bandit prospect in the Gulf of America. The exploration well is located in Green Canyon Block 680, about 125 miles south of the Louisiana coast. The well encountered high-quality, full-to-base oil-bearing Miocene

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Comstock Selects Western Haynesville Site to Host Its Texas Natural Gas-Fired Power Generation Hub

May 4, 2026

Comstock Resources said the Western Haynesville will host its Texas Natural Gas-Fired Power Generation Hub in Anderson County Texas. The selection was announced by the United States Department of Commerce in connection with Japan’s $550 billion investment commitment to the

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TotalEnergies and Partners Start Up Quiluma Field, Angola

May 4, 2026

TotalEnergies and its partners have started production from the Quiluma field in Angola. The Quiluma field in Angola is owned by a consortium known as the New Gas Consortium, which includes Azule Energy (37.4 percent, operator), Cabinda Gulf Oil Company

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SLB Launches Tela™, Groundbreaking New Agentic AI Technology for Energy Industry

May 4, 2026

SLB has launched Tela™, an agentic AI assistant purpose-built to transform the upstream energy sector. Tela leverages agentic AI to not only automate processes but transform workflows and drive better business outcomes. Tela will be embedded in SLB’s portfolio of

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bp Appoints Carol Howle as Deputy Chief Executive Officer

May 4, 2026

bp has appointed Carol Howle as deputy chief executive officer, effective immediately. Howle will continue to lead supply, trading and shipping (ST&S) and in her new role will also oversee the company’s ongoing portfolio review and strategy development. To support

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FERC Greenlights Caliche’s Spindletop Expansion Project, Texas

May 1, 2026

Caliche confirmed that the Federal Energy Regulatory Commission (FERC) has granted to Caliche’s subsidiary Golden Triangle Storage (GTS) a certificate of public convenience and necessity for GTS to add another 30 Bcf of natural gas storage capacity and up to

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Halliburton Acquires Sekal from Sumitomo to Accelerate Drilling Automation Services

May 1, 2026

Halliburton and Sumitomo Corporation said Halliburton has acquired Sekal. Sekal is a global leader in digital drilling autonomy and, prior to Halliburton’s acquisition, was a fully owned subsidiary of Sumitomo Corporation. The successful conclusion of the transaction marks a significant milestone for

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Continental Resources Expands Vaca Muerta Position With Pan American Energy Acquisition, Argentina

May 1, 2026

Continental Resources has signed an assets sale and purchase agreement with Pan American Energy (PAE) to acquire certain non-operating interests in four blocks located within the Vaca Muerta shale play in Argentina’s Neuquén Basin. “Vaca Muerta is one of the

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United Arab Emirates to Leave OPEC May 1, 2026

April 29, 2026

The United Arab Emirates will exit OPEC on May 1, in a major blow to the cartel that coordinates production among many of the world’s largest oil producers, particularly those in the Middle East. The shock announcement Tuesday comes after

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Williams Breaks Ground on Northeast Supply Enhancement Pipeline, New York

April 29, 2026

Williams has marked the official start of construction on the Northeast Supply Enhancement (NESE) project with a groundbreaking ceremony at Floyd Bennett Field in Brooklyn, joined by federal and state officials, labor leaders, and project partners. NESE is an expansion

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