ExxonMobil Guyana completes the purchase of the FPSO Liza Destiny from SBM Offshore for 535 million USD, strengthening its strategy in the oil industry in Guyana.
ExxonMobil Guyana completes the purchase of the FPSO Liza Destiny from SBM Offshore for 535 million USD, strengthening its strategy in the oil industry in Guyana.
TAG Oil announces progress at its BED-1 site in Egypt, with stable production, new drilling planned for 2025, and a partnership strategy to optimize operations.
TAG Oil announces progress at its BED-1 site in Egypt, with stable production, new drilling planned for 2025, and a partnership strategy to optimize operations.
A Carbon Tracker study reveals that major global oil and gas players are struggling to align their strategies with the Paris Agreement, despite increasing risks related to energy transition and regulations.
A Carbon Tracker study reveals that major global oil and gas players are struggling to align their strategies with the Paris Agreement, despite increasing risks related to energy transition and regulations.
U.S. crude oil reserves decreased by 900,000 barrels, a smaller reduction than the anticipated 1.7 million barrels. Rising exports and a slowdown in refinery activity explain this discrepancy.
U.S. crude oil reserves decreased by 900,000 barrels, a smaller reduction than the anticipated 1.7 million barrels. Rising exports and a slowdown in refinery activity explain this discrepancy.
Seismic analyses confirm a promising oil potential in Namibia's onshore Owambo Basin. Independent explorer Monitor Exploration Ltd is preparing a strategic plan to exploit these resources starting in 2025.
Seismic analyses confirm a promising oil potential in Namibia's onshore Owambo Basin. Independent explorer Monitor Exploration Ltd is preparing a strategic plan to exploit these resources starting in 2025.
Shell Offshore Inc. has confirmed Phase 3 of the Silvertip project, aimed at increasing oil production at Perdido in the Gulf of Mexico through two new wells. This initiative reflects its commitment to low-carbon energy production.
Shell Offshore Inc. has confirmed Phase 3 of the Silvertip project, aimed at increasing oil production at Perdido in the Gulf of Mexico through two new wells. This initiative reflects its commitment to low-carbon energy production.
Three energy sector leaders join forces to integrate electric hydraulic fracturing fleets, optimizing operations in the Permian Basin while reducing the environmental impacts associated with fossil fuels.
Three energy sector leaders join forces to integrate electric hydraulic fracturing fleets, optimizing operations in the Permian Basin while reducing the environmental impacts associated with fossil fuels.
CNOOC Energy Holdings U.S.A. Inc., a subsidiary of CNOOC Limited, transfers its stakes in the Appomattox and Stampede oil fields to INEOS Energy, marking a strategic reorganization of its global portfolio.
CNOOC Energy Holdings U.S.A. Inc., a subsidiary of CNOOC Limited, transfers its stakes in the Appomattox and Stampede oil fields to INEOS Energy, marking a strategic reorganization of its global portfolio.
The Organization of the Petroleum Exporting Countries (OPEC) adjusts its monthly forecasts, predicting a downward revision in global oil consumption for 2024 and 2025 while highlighting the critical role of non-OECD economies.
The Organization of the Petroleum Exporting Countries (OPEC) adjusts its monthly forecasts, predicting a downward revision in global oil consumption for 2024 and 2025 while highlighting the critical role of non-OECD economies.
