Results 50 articles shown
Macquarie Sees USA Oil Production Exiting 2024 at 14MM Barrels Per Day
'We recently updated our U.S. oil production expectations'.
8:24 AM EST | March 27, 2024
TotalEnergies Restarts Production in Denmark's Biggest Gas Field
'At plateau, the Tyra hub will produce 5.7 million cubic meters of gas and 22,000 barrels of condensate per day'.
3:14 AM EST | March 25, 2024
Freeport LNG to Increase Output by 10Pct Following Repairs
The three-train plant has been undergoing maintenance since late January following a deep freeze in Texas that caused an issue on one of its trains.
5:00 PM EST | March 20, 2024
EIA Boosts USA Crude Oil Production Forecasts
The EIA increased its forecasts for U.S. crude oil production for both 2024 and 2025 in its latest short term energy outlook.
8:09 AM EST | March 19, 2024
HNRA Confirms Boost in Untapped Oil in Permian Basin Asset
The Houston-based company said that there could potentially be 34 million barrels of oil that can be accessed in the Grayburg-Jackson Field.
11:00 AM EST | March 15, 2024
Gran Tierra On Track to Meet 2024 Production Guidance
The company's drilling campaigns resulted in a six percent increase over fourth-quarter 2023 production.
8:00 AM EST | March 15, 2024
BW Energy Starts Production at Gabon Well 5 Months After Discovery
Production performance from the well has been in line with BW Energy's expectations.
7:00 AM EST | March 13, 2024
Rystad Says OPEC+ Production Rose Month on Month
According to Rystad Energy data and research, crude production in OPEC+ countries increased in February.
7:11 AM EST | March 12, 2024
Focus On: Political & Social Unrest
|
YPF Says Fire Sale to Free Up $800MM for Shale Oil Push
State-run YPF SA said its sweeping plan to divest aging oil fields will free up hundreds of millions of dollars to invest in its shale push in the heralded Vaca Muerta formation.
4:00 PM EST | March 08, 2024
Suncor, First Nation Partner for Potential Oil Sands Development
Suncor aims to progress early stage technical and commercial feasibility assessments on a prospective oil sands lease development opportunity on Fort McKay reserve lands.
7:00 AM EST | March 08, 2024
Perenco Starts Gas Production in Ravenspurn South
The deviated well 42/30-C06 as drilled and completed with the Valaris-247 rig in a water depth of 157.5 feet.
5:00 AM EST | March 07, 2024
Conrad Asia Inks MoU with PGN for Gas Development Offshore Indonesia
Conrad will partner with PGN in the provision of gas or LNG supply and development infrastructure for gas resources from its two Aceh PSCs.
3:28 AM EST | March 06, 2024
Rystad, Macquarie Talk OPEC+ Cut Extension
Rystad Energy and Macquarie look at the latest OPEC+ developments.
7:04 AM EST | March 05, 2024
Energean Produces First Gas from Karish North
The Energean Power floating production storage and offloading unit (FPSO) now has four production wells in operation.
6:25 AM EST | March 05, 2024
Has Oil and Gas Production Been Affected by the Texas Wildfires?
In a release posted on its website on February 29, the Texas A&M Forest Service noted that the largest wildfire in Texas history was actively burning that day.
7:14 AM EST | March 01, 2024
Norway Greenlights Startup of Aker BP, ConocoPhillips Oil Projects
ConocoPhillips and Aker BP received consent from Norwegian authorities to start production in two separate oil projects in the North Sea.
2:00 AM EST | March 01, 2024
Petronas, Petros, Japanese Consortium Eye CO2 Storage Offshore Malaysia
Malaysian and Japanese energy companies have signed an agreement to study and plan a carbon dioxide (CO2) storage site offshore Sarawak.
1:00 AM EST | March 01, 2024
Helix Bags Well Intervention Contract from Esso in Nigeria
The project, located offshore Nigeria in the Erha and Usan fields, is expected to begin in September.
3:00 AM EST | February 28, 2024
Shell Starts Production at Rydberg in US Gulf of Mexico
'Rydberg will further boost production in the Norphlet Corridor at Appomattox, which is consistently one of our highest producing assets'.
2:00 PM EST | February 27, 2024
FPSO Heads for Petrobras' Mero Field Offshore Brazil
The platform will start operating in September and has the capacity to produce up to 180,000 barrels per day (bpd) of oil.
8:00 AM EST | February 27, 2024
MCF Energy to Acquire Czech Gas Licenses
'This acquisition was driven by the opportunity to quickly start natural gas production by reopening three closed wells and using fifteen ready-to-drill sites in the NT Ridge area'.
6:00 AM EST | February 27, 2024
Pioneer Put Onstream Nearly 500 Wells in 2023
Pioneer boosted its output capacity as the Permian major works to complete its acquisition by ExxonMobil.
12:30 PM EST | February 26, 2024
UK's Angus Inks MoU for Underground Gas Storage with Trafigura
The two companies plan to review the technical and commercial feasibility of storage at the Saltfleetby gas field.
4:00 AM EST | February 26, 2024
EnergyPathways to Tap MCS, Mermaid for Marram Field Project
EnergyPathways has signed a memorandum of understanding with the two companies for subsea front end engineering design (FEED), project support, procurement and offshore construction services.
7:00 AM EST | February 23, 2024
Baker Hughes Inks Contract with Petrobras to Service Buzios
The integrated services project is set to start in the first half of 2025.
4:00 AM EST | February 23, 2024
KCA Deutag Bags 2-Year Extension to Service Var Energi's Ringhorne
The contract is for drilling and maintenance services on the Ringhorne platform in the North Sea.
3:21 AM EST | February 22, 2024
Rystad Forecasts Net Production of Top Permian Producers in 2024
Rystad forecasts that the combined Diamondback Energy-Endeavor Energy company will produce 819,500 barrels of oil equivalent per day in the Permian this year.
7:33 AM EST | February 19, 2024
World Oil Supply Posts Sharp Decline in January
The IEA said 'extreme weather conditions shut in more than 900,000 barrels per day of production across North America'.
4:57 AM EST | February 19, 2024
TechnipFMC Bags Contract for Shell's Sparta Development in GOM
The contract is for the first integrated engineering, procurement, construction, and installation project using high-pressure subsea production systems rated up to 20,000 psi.
2:00 AM EST | February 19, 2024
Alberta First Nation Asks Regulator to Halt Obsidian Expansion Plans
WFCN became concerned about Obsidian's oil development plans in its territory after the AER found that improper disposal of industrial waste had caused a serious earthquake.
9:00 AM EST | February 16, 2024
OPEC+ Oil-Cut Laggards Pledge Compliance With Targets
Iraq and Kazakhstan pledged compliance with new OPEC+ oil targets.
4:00 PM EST | February 15, 2024
Woodside Progresses Trion with Another Regulator Approval
The Trion oil and gas project has received social impact assessment approval from the Mexican Ministry of Energy.
3:14 AM EST | February 15, 2024
ARC Posts 28-Year High in Production
ARC reported net income of $373.76 million (CAD 506.3 million) for the fourth quarter of 2023, compared to $547 million (CAD 741 million) in the previous-year period.
10:00 AM EST | February 14, 2024
EthosEnergy Scores 5-Year Agreement with Harbour
EthosEnergy will become Harbour Energy's primary service provider for the maintenance and support of a fleet of light industrial gas turbines, across three production assets.
2:00 AM EST | February 14, 2024
OPEC Report Shows Uneven Delivery of New Oil Production Cuts
OPEC+ pledged significant output curbs this quarter in a bid to avert a surplus and shore up global prices.
4:00 PM EST | February 13, 2024
EIA Outlines Cold Weather Effect on USA Gas Production
The EIA highlighted the "cold weather across the central United States" in its latest energy outlook report.
10:33 AM EST | February 13, 2024
Petrobras Closes Acquisition of STP Stakes in Africa
'The operation marks the resumption of exploratory operations on the African continent, with the aim of diversifying the portfolio'.
2:45 AM EST | February 13, 2024
EIA Estimates USA Crude Oil Output Hit All Time High In December
The U.S. Energy Information Administration estimated that U.S. crude oil production reached an all-time high in December.
6:37 AM EST | February 12, 2024
TotalEnergies Starts Production at Akpo West Field in Nigeria
TotalEnergies put onstream the Akpo West field tie-back project offshore Nigeria, adding condensate and gas output capacity.
2:36 AM EST | February 12, 2024
DNO to Acquire 25 Percent Stake in Arran Field for $70MM
The transaction is expected to add around four million barrels of oil equivalent net to DNO, consisting of 90 percent gas.
2:00 AM EST | February 08, 2024
Vital Closes Second Acquisition in Permian
The acquisition increases Vital Energy's working interest in 54 producing, low-decline wells by an average of 67 percent.
12:00 AM EST | February 08, 2024
Shell Joins Wave Power Project in Scotland
The $2.51 million (GBP 2 million) project powers subsea equipment off the coast of Orkney, Scotland, through a combination of wave power and subsea energy storage.
2:00 AM EST | February 06, 2024
Wood Wins $80MM Extension for Equinor's Peregrino Assets
Wood will continue to provide maintenance solutions to optimize the Peregrino wellhead platforms and FPSO unit.
4:00 AM EST | February 05, 2024
Pioneer Energy Closes Sale of Field Gas Conditioning System
The Pegasus system conditions field gas into consistent, high-quality fuel to be used in place of diesel for hydraulic fracturing fleets.
12:15 AM EST | February 05, 2024
Exxon, Chevron Ramp Up Permian Oil Growth in Threat to OPEC
Exxon Mobil Corp. and Chevron Corp. plan to aggressively ramp production from the Permian Basin this year.
7:00 AM EST | February 03, 2024
Technip Energies Bags FEED Contract for Viking CCS in UK
Technip Energies will provide FEED services for the carbon dioxide transportation system, including the CO2 handling station.
11:55 PM EST | February 01, 2024
OPEC+ Nations Set to Decide on Extending Cuts in Early March
Oil prices have seen only limited gains this year.
3:00 PM EST | February 01, 2024
Petrobras Boosts Total Output in 2023 by 3.7 Percent
Last year, Petrobras put four new platforms into operation.
3:00 AM EST | February 01, 2024
Falcon, Tamboran Start IP-30 Test on Beetaloo Well
Results are expected by the end of February.
2:51 AM EST | February 01, 2024
Jadestone Inks HoA for Vietnam Offshore Gas Assets
The HoA is the first step in the commercialization of the assets and could potentially lead to a gas sales and purchase agreement for the NDUM fields offshore Vietnam.
3:36 AM EST | January 30, 2024
Find More Articles with an Advanced Search
The results on this page are limited to showing the 50 most recent articles
for this category, region, and date range combination.For more articles,
please perform an Advanced Article Search.