Iran is preparing to start expanding its crude oil exports ahead of Joe Biden’s inauguration in January in a clear sign it expects better bilateral relations with the U.S. during the next administration.
“Due to sanctions before the …
Chevron announced last week a $14-billion budget for next year that reflects its need to complete a major project in Central Asia before it can unleash more of its capital power on the Permian Basin. The new figure also …
EIA
Electricity routinely flows between the Lower 48 states and, to a lesser extent, between the United States and Canada and Mexico. Electricity generation exceeds electricity consumption in 25 states, and excess electricity is transmitted across state lines—almost 10% of …
Dutch Royal Shell
…the Shell-operated…Prelude floating LNG venture remaining off line. The plant offshore Western Australia is unlikely to restart before next year, and has been off line since February.
Australia’s LNG exports rose to a nine-month high of 7.04mn …
US oil major ExxonMobil is reportedly in talks to acquire a stake in India’s producing oil and gas fields.
US oil major ExxonMobil is reportedly in talks to acquire a stake in India’s producing oil and gas fields.…
Rio de Janeiro — Brazilian state-led oil company Petrobras could turn to Guyana for access to acreage along South America’s equatorial margin if local environmental regulators do not grant permits to drill in Brazil’s Foz do Amazonas Basin, said …
This is the second part of the Women In Energy ESG interview, and is outstanding as a standalone interview.
ESG can be one of the most misunderstood and wildly misused topics in the oil and gas industry. We take
360 Feed Wire
Denver, December 2 – FourPoint Energy, LLC (“FourPoint or the “Company”) announced today the Company and its Western Anadarko Basin Assets have been renamed Unbridled Resources, LLC (“Unbridled”) and merged with a subsidiary of Maverick Natural Resources …
360 News Feed
Industry First Use Case of Blockchain-Based Smart Contracts in Global Contract Drilling, Capital Equipment Sales, Drilling Services, Repairs and Maintenance Services
Data Gumbo Moves Into Another Segment of Oil & Gas Ripe for Digital Improvements
HOUSTON, TX …
The reactor, which was connected to the national grid on Friday, can generate 10 billion kilowatt-hours of electricity each year and cut carbon emissions by 8.16 million tons
BEIJING: China has powered up its first domestically developed nuclear reactor…
Algeria, 10 th largest gas producer, said it will record a fall of 4.7% of its gas exports. These negative forecasts will also impact the country’s ability to support local demand for gas, which continues to grow.
Algerian Energy …
Reuters
Hourly employees at Royal Dutch Shell Plc’s Convent, Louisiana, refinery, scheduled for permanent closure as early as next week, received details this week of the severance package negotiated by their union and Shell, three people familiar with the agreement …
Industrial action could result in the closure of more Norwegian oil and gas fields, with Norway’s security personnel union to strike at heliports used for transport to offshore platforms from midnight tonight.
Security guards will begin strike action at …
Malaysian energy giant Petronas posted a loss for the nine months of 2020.
The company reported a loss after tax of 19.9 billion Malaysian Ringgit ($4.89 billion), mainly due to impairment loss on assets and lower earnings before interest, …
Bloomberg
BP said it will invest more money in Middle Eastern oil and natural-gas fields even as it transitions to renewable energy and tries to lower emissions.
The company is a major producer in countries such as Iraq, where it …
Iraq has long been forced to juggle a heavy reliance on oil revenues to meet domestic funding requirements alongside pressure from the Opec+ alliance to comply with crude production quotas. But the strain has started to show ahead of …
Oil & Gas 360 Publishers Note: We are seeing this throughout the world – How much covid stimulus can countries afford, and should it all go to renewable projects?
PV cost has plummeted within the past 10 years due …
Bloomberg
Saudi Arabia and Russia summoned OPEC+ ministers who oversee their oil production cuts for last-minute talks on Saturday, as the cartel prepares for a decision on whether to delay January’s output increase.
A clear majority of OPEC+ watchers expect …
Energy World
Reductions will include positions at Imperial Oil Ltd , ExxonMobil Canada Ltd and ExxonMobil Business Centre Canada ULC, the company said
U.S. oil major Exxon Mobil Corp said on Wednesday it plans to reduce up to 300 positions …
What seemed to be shaping up as a smooth OPEC+ meeting, with traders largely expecting a rollover of production quotas, has hit some turbulence with an airing of grievances.
The UAE may be considering splitting from the group, …
There are conversations that everyone in 2020 has had that take several twists and turns, and today was one of those conversations. We had the privilege of sitting down with Mark P. Mills, author, speaker, and generally a nice guy.
Unidentified persons on Monday attacked oil facilities operated by Shell Petroleum Development Company (SPDC) and Nigerian Agip Oil Company (NAOC) at Ikarama community, Yenagoa Local Government Area of Bayelsa.
Mr Ben Warder, a youth leader in Ikarama …
Royal Dutch Shell PLC may begin the permanent shutdown of its 211,146 barrel-per-day Convent, Louisiana, refinery early next week, people familiar with plant operations said on Monday to Reuters.
Shell announced on Nov. 5 the refinery, located 57 miles …
360 Feed Wire
Bogota, Colombia – November 23, 2020 – GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Ecuador, Chile, Brazil …
Energyworld
Oil & Gas 360 Publishers Note: Narendra Modi, Prime Minister of India, again is demonstrating that his power policies are using the “balanced diet of power” to include fossil and renewable sources. His leadership in power principals should be …
360 Feed Wire
Oil & Gas 360 Publishers Note: Norway is still in the top 14 world oil producing countries, and top EU producer.
Preliminary production figures for October 2020 show an average daily production of 1 877 000 barrels …
Last week BloombergNEF (BNEF) published a new report that quantifies the impact of the Covid-19 pandemic on U.S. carbon dioxide emissions.
The report estimates that 2020 emissions will be 9.2% lower than in 2019, reaching a level last seen …
Energyvoice
Adnoc has made an unconventional discovery of 22 billion stock tank barrels onshore, Abu Dhabi’s Supreme Petroleum Council (SPC) has said.
This came in addition to a 2 billion barrel conventional oil discovery, taking the country’s total to 107bn …
Bloomberg
The itch is back for Paul Mead. After almost a decade investing in vineyards and startups in his native
Reuters
Turkey said it was extending the seismic survey work being carried out by its Oruc Reis ship in a disputed part of the eastern Mediterranean until Nov. 29, a move that could add to tensions in the region, according …
