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 ...

SINGAPORE, Feb 11 (Reuters) - ChampionX (CHX.O), opens new tab expects new U.S. import tariffs on steel and aluminium to drive up equipment costs for oilfield service firms, a company official ...

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) 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 ...

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 ...

Rumaila, the biggest oilfield in Iraq capable of pumping about 1.5 million barrels per day (bpd), has seen its oil production cut by 300,000 bpd since a fire broke out at the huge field last week ...

Development of Norway's largest undeveloped oilfield is moving toward a final concept decision, but what is clear is that it will include a very large subsea component, according to joint venture ...