Upstream
Upstream News
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U.S. drillers add oil and gas rigs
The total rig count was up 137 rigs, or 43%, over this time last year. It was also up 86% since falling to a record low of 244 in August 2020, according to Baker Hughes data going back to 1940. Read more
May 27, 2021
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Colombia provisionally approves ExxonMobil fracking pilot project
With the Platero investigative project ExxonMobil becomes the second company to begin a fracking pilot project in Colombia, after majority state-owned oil company Ecopetrol. Read more
Apr 1, 2021
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U.S. oil and gas rig count rises in January for sixth month: Baker Hughes
U.S. energy firms this week added oil and natural gas rigs for a tenth week in a row, with the rig count up in January for a sixth straight month, as monthly oil production rebounds amid rising prices. Read more
Feb 1, 2021
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BASF reaches milestone of MDI capacity expansion project at Geismar site
The implementation of the methylene diphenyl diisocyanate (MDI) capacity increase program for production facilities at BASF’s Verbund site in Geismar, Louisiana, is progressing on schedule. Read more
Dec 21, 2020
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Hand-out McDermott International, Inc.
McDermott, Schneider Electric and io consulting to develop net zero upstream facilities
Schneider Electric and io consulting today announced a collaboration to advance research and design of carbon-neutral facilities for the upstream oil and natural gas market. Read more
Oct 14, 2020
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Upstream update Oct. 2020
Port of Corpus Christi added to Argus' AGS crude pricing index, Interior, Norway strengthen offshore energy knowledge and experience, Interior implements Coastal Plain Oil and Gas Leasing Program in Alaska Read more
Oct 13, 2020
