| McDermott’s 2Q affected by spinoff Costs related to McDermott International Inc. spinning off The Babcock & Wilcox Co. hit its second-quarter earnings. (MDR) feeds.bizjournals.com |
Mariner Energy rig explodes in Gulf of Mexico Mariner Energy Inc. has confirmed on Thursday that a fire has occurred on one of its oil rigs in the Gulf of Mexico. (ME) (APA) feeds.bizjournals.com |
Tri-Valley Announces Significant Increase in Valuation of Its Pleasant Valley Oil Project [Business Wire] - BAKERSFIELD, Calif.----Tri-Valley Corporation today announced that an annual review of its Pleasant Valley oil sands project in Oxnard, California completed last month by an independent Canadian reserves engineering firm has resulted in a significant increase in its valuation compared with the prior year. us.rd.yahoo.com |
Patterson-UTI Energy Completes Acquisition of Pressure Pumping and Wireline Businesses from Key Energy Services [PR Newswire] - PATTERSON-UTI ENERGY, INC. today announced that two subsidiaries of the Company, Universal Pressure Pumping, Inc. and Universal Wireline, Inc. have completed the acquisition of pressure pumping and wireline assets from subsidiaries of Key Energy Services, Inc. for approximately $238 million in cash. us.rd.yahoo.com |
U.S. moves to end drilling ban in Gulf of Mexico [at MarketWatch] - Oil-service shares tick up on move, but uncertainty remains in the sector. us.rd.yahoo.com |