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Crude oil
Crude Oil
USA Navy Destroyers Counter Attack While Escorting USA Chemical Tanker
In its latest Maritime Security Threat Advisory (MSTA), Dryad Global highlighted that, on December 1, two U.S. navy destroyers were escorting three U.S.-owned, …
Crude Oil
Akeng Deep oil find offshore Equatorial Guinea not commercial
According to partner Panoro Energy, the S-6 well on the Akeng Deep prospect in Block S offshore encountered oil zones in the Upper Albian before reaching a TVD …
Crude Oil
Gran Tierra Makes Oil Discovery in Ecuador
Gran Tierra Energy Inc. has reported a seventh oil discovery in Ecuador, which it said confirmed the significant potential of the Arawana/Zabaleta field area.Th…
Crude Oil
GeoPark to Acquire Colombia Assets from Repsol for $530MM
Latin American oil and gas firm GeoPark Limited is acquiring upstream oil and gas assets in Colombia from Repsol.GeoPark said in a news release that it has sign…
Crude Oil
China's Major Shale Oil Base Achieves Annual Output Of Over 1 Million Tonnes
The output of China's first national-level shale oil demonstration zone, located in Xinjiang Uygur Autonomous Region, has exceeded 1 million tonnes so far t…
Crude Oil
ONEOK to Acquire EnLink's Remaining Issued Shares for $4.3 Billion
United States oil and gas pipeline operator ONEOK Inc. said Sunday it will purchase the remaining issued share capital of EnLink Midstream LLC, which it recentl…
Crude Oil
Velesto, Petronas, NOV Partner to Automate Drilling Operations
Velesto Energy Bhd. (Velesto) has signed a Memorandum of Understanding (MOU) with Petroliam Nasional Bhd. (Petronas) and National Oilwell Varco L.P. (NOV) to im…
Crude Oil
Petrobras Announces $3.4 Billion in Extraordinary Dividends
Petroleo Brasileiro SA announced 20 billion reais ($3.4 billion) in extraordinary dividends in a sign that Brazil’s state-controlled oil giant will contin…
Crude Oil
TechnipFMC Bags $1b Contract For Totalenergies' Suriname Project
TechnipFMC plc has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract from TotalEnergies for its GranMorgu project …
Crude Oil
Exxon Withdraws From Offshore Suriname Oil-Exploration Block
Exxon Mobil Corp. withdrew from an oil-exploration block off the coast of Suriname, not far from where it discovered more than 11 billion barrels in Guyanese wa…
Crude Oil
Ovintiv to Acquire Alberta Montney Assets for $2.4B
Ovintiv Inc. is acquiring Montney assets in Alberta from Paramount Resources Ltd. in an all-cash transaction valued at approximately $2.377 billion (CAD 3.325 b…
Crude Oil
Oil & Gas Decarbonization Charter Publishes Baseline Report To Track Progress On Emissions Reductions
The Oil & Gas Decarbonization Charter (OGDC) has published its Baseline Report, setting a foundation to help prioritize and track progress on emissions reductio…
Crude Oil
Exxon Mobil Takes Ownership Of Payara FPSO Offshore Guyana
Exxon Mobil Guyana has completed a transaction to assume ownership from SBM Offshore of theFPSO Prosperity.The deal went through ahead of the full platform leas…
Crude Oil
Polish oil and gas group Orlen may suspend or terminate Olefins project
Polish oil and gas company Orlen said it is reassessing the future of its Olefin III petrochemical project due to profitability concerns, adding that it is expl…
Crude Oil
Aramco Keeps World’s Biggest Payout With Saudi Finances Wobbling
The company, majority owned by the Saudi state, is keeping the world’s biggest payout despite increasing signs of stress on earnings. The outlook for oil …
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