USA Overview

Oil and gas producer Vanguard Natural Resources announced on Thursday that it will acquire rival upstream company Eagle Rock Energy as a wholly-owned, indirect…

Nearly 2,500 barrels of crude petroleum were spilled after a pipeline ruptured 30 kilometres west of Santa Barbara on Tuesday. The latest estimates recorded 397,500…

Transocean and Halliburton both announced on Thursday that they have settled all remaining issues with BP relating to the 2010 Macondo disaster in the Gulf of…

A train transporting crude oil derailed in the US state of North Dakota on Wednesday, catching fire and leading to the evacuation of a small town nearby, the Reuters…

BP’s chief financial officer Brian Gilvary has reportedly motioned during a conference call on Tuesday that the company could make a final investment decision, or…

US oilfield services operator Schlumberger announced a smaller-then-expected decrease in first quarter margins, Reuters reported on Friday, as the company continues to…

Schlumberger, the world’s largest oilfield services provider, said it will cut an additional 11,000 positions, after announcing in January it would axe 9,000.
The…

Norwegian multinational Statoil announced Thursday that it had struck oil in the Gulf of Mexico. The company made the discovery at its Yeti prospect in Walker Ridge…

Six members of international activist group Greenpeace illegally boarded a Shell oil rig in the Pacific Ocean on Monday. The activists are protesting the company’s…

On Friday, US-headquartered oil services drilling company Hercules Offshore signed a five-year contract with a subsidiary of Eni for use of its Hercules 260 jack-up rig…