Exxon Withdraws From Offshore Suriname Oil-Exploration Block
Wedoany.com Report-Nov 21,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 waters. Exxon wi...
Oil Markets Facing ‘Profound Sentiment Challenge,’ Eric Nuttall Says
Wedoany.com Report-Nov 21,Energy investor Eric Nuttall says global oil markets continue to struggle with a sentiment problem that’s keeping benchmark crude prices lower than they should be. Nutt...
Ovintiv to Acquire Alberta Montney Assets for $2.4B
Wedoany.com Report-Nov 20, 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 billion). Upon...
Exxon to Acquire 3 of 5 FPSOs It Has Leased from SBM Offshore by Yearend
Wedoany.com Report-Nov 20,Exxon Mobil Corp. will assume ownership of floating production, storage and offloading (FPSO) vessel Liza Destiny by next month, owner SBM Offshore NV has said. Liza Destiny ...
BlackRock, Block, Ripple, Samsara Join SAF Buyers Alliance
Wedoany.com Report-Nov 20, BlackRock, Block, Ripple and Samsara have signed up for the Sustainable Aviation Buyers Alliance (SABA) after purchasing SAF certificates (SAFc’s) for supply delivered...
World's Top Oil Refining Hub Is Running Hard as Exports Boom
Wedoany.com Report-Nov 20,US Gulf Coast refineries are running the hardest for this time of the year in more than three decades as they rush to take advantage of strong fuel demand from Mexico and Bra...
Petrobras Outlines Five-year Plan To Exceed $100 Billion Spend On E&P Projects
Wedoany.com Report-Nov 20,Petrobras plans to boost spending on new oil drilling and other projects by almost 9% to $111 billion in the next five-year plan. The Brazilian oil giant’s eight-person...
Paradigm Expands Upstream Offerings With New Facilities In Aberdeen, Houston
Paradigm has announced that it has opened an expanded Aberdeen facility to support its continued growth. Aptly named ‘ParaDyce’, the new office is close to Aberdeen Airport. This expansion...
Global OTEC Launches New Power Module For Sustainable Offshore Oil And Gas
Wedoany.com Report-Nov 20, Global OTEC has announced its latest advancement in sustainable power for offshore energy exploration and production at the first Brazilian Workshop on Geothermal Energy Uti...
Championx Boosts Permian Basin Production Capability By Nearly 10% While Reducing Emissions
Wedoany.com Report-Nov 20,ChampionX has completed a multi-million-dollar transformative project to enhance its chemical manufacturing hub in the Permian Basin. The project is a key initiative to meet ...