Harvest Alaska has agreed with Marathon Petroleum and Chugach Electric to buy the existing Kenai LNG plant, currently owned by a Marathon subsidiary, and repurpose it to be a regasification terminal.

The oilfield services industry is expected to shrink by 0.6% in 2025 due to a decline in shale/tight oil and other onshore segments. Inflation, capacity constraints, and geopolitical factors are ...

HOUSTON (Reuters) - Top U.S. oilfield services firms are facing weaker pricing and revenue this year as oil producers become increasingly efficient and keep a cap on spending, according to ...

Top oilfield services provider SLB (SLB.N), opens new tab is reorganizing certain functions within its business and continuing to reduce its workforce, according to a source familiar with the ...

India's new oilfield regulation and development bill is likely to significantly boost offshore exploration in the country, Prime Minister Modi said. “The Oilfield Regulation and Development Act ...

Chevron has started up oil production at an expansion project at the largest oilfield in Kazakhstan that will boost crude oil output by 260,000 barrels per day (bpd). Chevron, which owns 50% in ...

Alaska State Troopers shot and killed a man on the Kenai Peninsula after a standoff that began Thursday night and resulted in a trooper also being shot and injured, the agency said. Troopers ...

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A fire at Iraq’s Rumaila oilfield was brought under control on Friday, the country’s oil ministry said in a statement, adding that there were no serious injuries. The fire started at a storage ...

Chevron (NYSE:CVX) is accelerating its $48B expansion of Kazakhstan's Tengiz oilfield, raising its production to ~1% of global crude supply, Reuters reported Friday. Expansion of the Kazakh ...

Chevron (NYSE:CVX) said Friday it achieved first oil from newly built production and processing facilities at Kazakhstan's huge Tengiz oil field, completing a $48B expansion that will bring its ...