By Rachel Adams-Heard on 9/25/2020 NEW YORK (Bloomberg) –With the U.S. oil industry reeling from the collapse in demand this year, the New Mexico shale patch has emerged as the go-to spot for drillers desperate to squeeze as much crude from the ground without bleeding

9/25/2020 PARIS – CGG announced completion of the first phase of its multi-year program to deliver the largest OBN multi-client survey ever acquired in the UK Central North Sea and immediate commencement of the second acquisition phase. The survey started in March 2020 and has

9/25/2020 ABERDEEN – The leading representative for the UK’s offshore oil and gas industry has initially welcomed the winter economy plans announced by the Chancellor, noting it will seek further information on the details of the proposals in the coming days. Plans announced by the

By Dana Hull, Gabrielle Coppola and David R. Baker on 9/24/2020 (Bloomberg) –California just started the clock on a future that a few years ago would’ve been unthinkable: dealerships full of nothing but zero-emissions cars. On September 23rd, Governor Gavin Newsom ordered regulators to phase

By Rachel Adams-Heard on 9/24/2020 HOUSTON (Bloomberg) – After all the trauma the U.S. oil industry has been through this year — from production cuts to mass layoffs and a string of bankruptcies — many producers say they’re still prioritizing output over reducing debt. At