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Oil & Gas
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
Oil & Gas
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
Oil & Gas
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
Oil & Gas
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
Oil & Gas
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
Oil & Gas
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
Oil & Gas
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
Oil & Gas
US Crude Oil Pipeline Squeeze Boosts Prices At Gulf Coast Export Hub
The difference in prices for U.S. shale oil in West Texas and at Houston has widened in the last two months on dwindling pipeline space to move the crude to the
Oil & Gas
Marathon Oil Cuts 500 Houston Jobs Ahead of ConocoPhillips Takeover
Marathon Oil Corp. warned of a mass layoff involving more than 500 employees at its Houston headquarters as part of the $17 billion takeover by ConocoPhillips,
Oil & Gas
US Oil/gas Rig Count Steady This Week, Pennsylvania Falls To 17-year Low, Baker Hughes Says
U.S. energy firms kept the number of oil and natural gas rigs unchanged this week, with the count falling to a 17-year low in Pennsylvania, energy services firm
Oil & Gas
U.S. Crude Oil Stockpiles Fall Unexpectedly
U.S. crude oil stocks fell unexpectedly last week as refineries raised their capacity use and a decline in imports offset an increase in production to a record
Oil & Gas
Exclusive: Oil Group Mol’s Refineries Shift to Non-Russian Crude Faces Delay
Fuel prices are seen on a board at a gas station of Hungarian oil company MOL Group in Esztergom, Hungary, January 21, 2023. REUTERS/Marton Monus/File Photo Pur
Oil & Gas
One Dead, Several Injured After Leak at Pemex Deer Park Plant in Texas
One person died and several more were injured on Thursday after a chemical leak at Pemex's 312,500-barrels-per-day Deer Park refinery in Texas."The Harris C
Oil & Gas
Bohai Oilfield Posts Record-High Crude Oil Daily Output
A full moon is seen over an oil production platform in Bohai Oilfield, Sept. 29, 2023. [Photo/Xinhua]The daily output of crude oil in Bohai Oilfield, China'
Oil & Gas
EIA Sees Tighter US Oil Market for 2024, Lowers Price Outlook
Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB
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