Clayton Williams Jr. set to earn over $1 billion from Noble Energy deal

Clayton Williams Energy founder Clayton Williams Jr. is set to receive a billion dollar payday after his company was acquired by Noble Energy. According to Forbes,...

Noble Energy acquiring Clayton Williams Energy for $2.7 billion

Noble Energy said on Tuesday that it will acquire Clayton Williams Energy in a deal valued at $2.7 billion. Houston-based Noble said the boards of directors...

Aker BP sees production growing at least 10,000 bpd in 2017

Aker BP said on Monday that it expects production to grow by at least 10,000 barrels per day this year. The Norway-based company said its 2016 production was 118,200...

Hess to add Bakken rigs, restart Vallhall drilling in 2017

Hess said on Friday that it will add rigs in the Bakken play and restart drilling at the Vallhall Field as part of its 2017...

Anadarko Petroleum sells Eagle Ford shale assets for $2.3 billion

Anadarko Petroleum said on Friday that it has sold assets in the Eagle Ford Basin to Sanchez Energy Corporation and Blackstone Group for $2.3 billion. The...

IEA chief warns of more ‘much more’ oil price volatility in 2017

The head of the International Energy Agency (IEA) said on Sunday that oil price volatility is likely to persist into 2017. IEA executive director Fatih Birol...

SM Energy eyes Williston Basin assest sale

SM Energy said on Wednesday that its planning to sell assets in the Williston Basin as part of a plan to focus on its...

Report: Over 100 people convicted of defrauding BP Deepwater Horizon fund

Over 100 people have been jailed for fraudulent Deepwater Horizon spill claims, according to data collected by the Financial Times. The paper said that a Freedom...