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ADVERTISEMENT Apache Gets $80.4M Jury Award Knocked Down To $13.5M Law360 (May 11, 2021, 5:18 PM EDT) -- A jury's $80.4 million award against Apache Corp. in a dispute over the construction of a Louisiana gas well and processing facility was knocked down to about $13.5 million Tuesday when a Texas appellate court partially sided with Apache. The Fourteenth Court of Appeals in Houston trimmed the award in favor of Castex Offshore Inc. after holding that it failed to prove Apache engaged in "willful misconduct" as it related to the drilling of the well. It upheld the damages connected to the ...

Commentary: University Lands should commit to end flaring Luke Metzger, For the Express-News May 8, 2021 FacebookTwitterEmail Apache Corp., one of the largest oil producers in the Permian Basin, says it plans to eliminate all routine onshore flaring in the U.S. by the end of the year. Texas is considering legislation that would direct the UT System to eliminate routine methane flaring on its land by 2025.Spencer Platt /TNS Last month, BP announced its plans to end routine flaring by 2025. Flaring, the practice of burning unwanted gas in the oilfields, is dirty — and the damage it causes to...

Hart Energy Announces E&P's '40 Under Forty' Honorees for 2021 News provided by Share this article Share this article HOUSTON, May 4, 2021 /PRNewswire/ -- Hart Energy proudly announces the honorees for E&P's 2021 "40 Under Forty" recognition program for technology innovators. Those being honored range from engineers to company founders, from sales representatives to chief scientists, and they represent a broad array of organizations, from oil and gas producers, service companies and technology providers to industry associations. Qualified individuals who demonstrated workplace leadership ...

APA Corporation Announces Agreement in Principle with Egypt’s Ministry of Petroleum and Mineral Resources and EGPC to Modernize Production Sharing Contracts in Western Desert of Egypt May 04, 2021 08:50 ET | Source: APA Corporation APA Corporation Houston, Texas, UNITED STATES HOUSTON, May 04, 2021 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced it has reached an agreement in principle with Egypt’s Ministry of Petroleum and Mineral Resources (MOP) and the Egyptian General Petroleum Corporation (EGPC) in support of the MOP’s...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. APA Corporation Announces Agreement in Principle with Egypt’s Ministry of Petroleum and Mineral ... APA CorporationMay 4, 2021 GMT HOUSTON, May 04, 2021 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced it has reached an agreement in principle with Egypt’s Ministry of Petroleum and Mineral Resources (MOP) and the Egyptian General Petroleum Corporation (EGPC) in support of the MOP’s efforts to modernize the country’s petroleum sector. The new Production Sharing Contract (PSC)...