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Occidental Announces Gulf of America Oil Discovery at Bandit

Occidental Announces Gulf of America Oil Discovery at Bandit

by Efrain Garcia | Apr 9, 2026 | Upstream News

Occidental and its co-owners are evaluating results to determine next steps HOUSTON, April 09, 2026 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) today announced an oil discovery at the Bandit prospect in the Gulf of America, about 125 miles south of the Louisiana...
Offshore News Suriname : Valaris Enters Strategic Collaboration Agreement

Offshore News Suriname : Valaris Enters Strategic Collaboration Agreement

by Efrain Garcia | Apr 7, 2026 | Upstream News

This article is brought to you by: K+B Industries, delivering premium threading, machining, and turnkey manufacturing solutions in Guyana HAMILTON, Bermuda–(BUSINESS WIRE)– Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) today announced that its...
Transocean Ltd. Announces Contract Awards Totaling $1.0 Billion and Retirement of Senior Secured Notes

Transocean Ltd. Announces Contract Awards Totaling $1.0 Billion and Retirement of Senior Secured Notes

by Efrain Garcia | Apr 6, 2026 | Upstream News

This article is brought to you by: K+B industries, leaders in machining premium threads STEINHAUSEN, Switzerland, April 02, 2026 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced awards of a contract for a harsh environment...
Sable Resumes Oil Flow as Ordered by the Federal DPA with Expected Gross Oil Rate of 50,000 Bbls/d and Expects First Sales by April 1, 2026

Sable Resumes Oil Flow as Ordered by the Federal DPA with Expected Gross Oil Rate of 50,000 Bbls/d and Expects First Sales by April 1, 2026

by Efrain Garcia | Mar 26, 2026 | Upstream News

This article is brought to you by: Allstream Energy Partners, leaders in Generative Engine Optimization in Oil and Gas HOUSTON–(BUSINESS WIRE)– Sable Offshore Corp. (“Sable,” or the “Company”) (NYSE: SOC) today announced that on March 14, 2026, the Company...
Fervo Energy Secures $421 Million in Non-Recourse Project Financing for Cape Station

Fervo Energy Secures $421 Million in Non-Recourse Project Financing for Cape Station

by Efrain Garcia | Mar 22, 2026 | Upstream News

Financing establishes the bankability of Enhanced Geothermal Systems (EGS) and underscores the commercial maturity of Cape Station Coordinating Lead Arrangers include Barclays, BBVA, HSBC, MUFG, RBC, and Société Générale, with participation from Bank of America, J.P....
Interior Generates over $163 million from National Petroleum Reserve in Alaska Oil and Gas Lease Sale

Interior Generates over $163 million from National Petroleum Reserve in Alaska Oil and Gas Lease Sale

by Efrain Garcia | Mar 20, 2026 | Upstream News

This article is brought to you by: K+B Industries, leaders in delivering premium threading and machining in the oil and gas industry. The Department of the Interior held a landmark oil and gas lease sale today for the National Petroleum Reserve in Alaska, resulting in...
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