Guyana Oil Production Drops 11% Due to Maintenance, Hess Says
Wedoany.com Report-Oct 30 , Guyana’s oil output dropped 11% in the third quarter as Exxon Mobil Corp. temporarily shut down two of its three production vessels to connect a new gas-to-shore pipe...
Pemex’s Crown Jewel Is Making Zero Fuel as Refinery Flounders
Wedoany.com Report-Oct 30 ,Production at Petroleos Mexicanos’s new and largest refinery came to a sudden halt in September, threatening the country’s pledge to cut imports of gasoline and ...
Marathon Oil Cuts 500 Houston Jobs Ahead of ConocoPhillips Takeover
Wedoany.com Report-Oct 30 ,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, according to ...
Nigeria Sees Objections to Shell Oil Asset Sale Resolved Soon
Wedoany.com Report-Oct 30 , Nigeria’s upstream oil regulator found some issues with Shell’s proposed sale of its onshore assets to a consortium of local companies but they should be resolv...
Lukoil’s Trading Arm Looks to Revive U.S. Business
Wedoany.com Report-Oct 30 ,Following the Memorandum of Understanding signed in May 2024, StarCharge, a global pioneer in EV charging and energy storage technology, and Schneider Electric, a global lea...
Malaysia’s Petronas Gears Up For Expansion In Indonesia
Wedoany.com Report-Oct 30 , Malaysia’s state-owned oil and gas company Petronas has announced an aggressive expansion plan in Indonesia, Reuters has reported. The company aims to establish a hub...
Ahead Of Q3 Earnings, Is The Shell Share Price A Bargain?
Wedoany.com Report-Oct 30 , Over the last 12 months, the Shell (LSE:SHEL) share price has fallen around 7%. And the company is about to report its earnings for the third quarter of 2024. It looks like...
BP Profit Slumps to Near Four-Year Low as Oil Demand Sags
Wedoany.com Report-Oct 30 , BP on Tuesday reported a 30% drop in third-quarter profit to $2.3 billion, the lowest in almost four years, weighed down by weaker refining margins and oil trading results....
US Sets New Safety Measures As Deep Sea Oil Drillers Test New Depths
Wedoany.com Report-Oct 30 ,The Bureau of Safety and Environmental Enforcement (BSEE) rolled out new rules for U.S.offshore drillers on Tuesday, as breakthrough technology enables them to operate under...
Russia’s Crude Shipments Advance for Second Consecutive Week
Wedoany.com Report-Oct 30 , Russia’s seaborne crude exports rose for a second consecutive week to reach the highest in a month. Flows increased by 120,000 barrels a day, after adding a similar a...