Transocean Sedco Forex Inc. has agreed to acquire R&B Falcon Corp. in a $8.8 billion deal that would make it the third-largest oil field service company in the world-behind Halliburton...
Gruy Petroleum Management Co., a subsidiary of Magnum Hunter Resources Inc., Irving, Tex., has formed a strategic alliance and capital investment program with internet technology...
The US oil and gas industry has reduced emissions from unit operations and equipment leaks by 110 bcf during the past 7 years by implementing management practices endorsed by ...
Unlike many other US independent producers these days, Mitchell Energy & Development Corp., The Woodlands, Tex., has resisted the urge to merge and has decided to go it alone ...
Two Anadarko Petroleum Corp. vice-presidents were recently promoted to executive positions under that company's "new organizational structure." Anadarko continues to reorganize...
Oil prices are expected to remain relatively firm, provided there is no further slippage on production quotas from OPEC, Purvin & Gertz said in a July.
Word that BP has stamped its Helios on plans to inject $900 million in capital expenditures (capex) into the UK North Sea this year-and the same again in 2001-confounded the old...
Natural gas markets in northeastern North America will undergo significant fluctuations during the coming decade, says the Canadian Energy Research Institute, and pipeline capacity...