The deal expands Chevron’s relationship with Kuwait Foreign Petroleum Exploration Company, creating a partnership to develop about 330,000 net acres in the liquids-rich Kaybob area of the Duvernay shale. More »
Baker Hughes painted a thousand drill bits pink this month, adopting the rosy shade used by Susan G. Komen, the philanthropic organization that promotes education, research and advocacy for breast cancer. More »
The Houston-based company is negotiating to buy 552 acres in an industrial site along the La Quinta Ship Channel for a condensate storage and shipping project which could cost between $400 and $600 million. More »
In a speech made today in downtown Houston, ExxonMobil CEO Rex Tillerson offered an extensive overview of the rise of North American oil and gas production and urged lawmakers to leave politics out of industry regulations. More »
Sanctions already halted some joint work between Exxon Mobil Corp. and Rosneft, threatening a project in the Kara Sea where the state-run company said last week it may have identified a billion-barrel crude discovery. More »
The acquisition of assets from New Jersey-based Rockwood Holdings makes Huntsman the second-largest maker in the world of titanium dioxide and inorganic color pigments, used in paint, coatings and other products. More »
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