World Oil (Bloomberg) –Halliburton Co. and Exxon Mobil Corp. are in talks over the latter’s attempt to sell a stake in the huge West Qurna-1 oil field in southern Iraq, according to the country’s energy minister. Iraq wants a U.S. partner for Exxon’s stake, Oil Minister Ihsan Abdul Jabbar told reporters in Baghdad. If the talks with Halliburton fail, Iraq
World Oil JOHANNESBURG, SOUTH AFRICA — Chevron has signed an agreement with the government of Equatorial Guinea for Block EG09, located in the Douala basin on the border of Cameroon. Representing a notable achievement for both Chevron as it moves to increase its penetration in the Equatorial Guinean market, and the country itself in its journey towards resource maximization, the
Nasdaq OSLO, Nov 1 – Equinor EQNR.OL has made an oil discovery estimated to hold up to 62 million barrels of crude off the coast of Norway, the energy major said on Monday. The discovery, just north of the Tyrihans field and west of the Kristin development in the Norwegian Sea, was the state-controlled firm’s sixth find in domestic waters this year,
World Oil (Bloomberg) –The Trump administration’s approval of a ConocoPhillips oil field project on Alaska’s Northern Slope was rescinded by a federal judge who said it failed to adequately protect polar bears and didn’t properly consider the effects on climate change. Federal officials also failed to properly consider the Willow project’s possible harm to Teshekpuk Lake, U.S. District Judge Sharon
Nasdaq Exxon Mobil Corp XOM.N said on Wednesday it has made a new discovery at Longtail-3 in the Stabroek Block offshore Guyana, as the U.S. oil major develops one of the world’s most important new oil and gas blocks in the last decade. Exxon operates the 6.6-million-acre Stabroek Block as part of a consortium that includes Hess Corp HES.N and China’s CNOOC Ltd 0883.HK.
Reuters U.S. President Joe Biden’s administration defended on Wednesday a proposed ConocoPhillips (COP.N) oil development in Alaska, backing the drilling project which was approved under the administration of former President Donald Trump. “A Wednesday filing by the U.S. Department of Justice continues to defend a 2020 Record of Decision for the Willow Project in the National Petroleum Reserve – Alaska (NPR-A)” a
Westmount Energy release Westmount Energy Limited (UK AIM: WTE.L, USA OTCQB: WMELF), is pleased to note the announcement by Ratio Petroleum Energy Limited Partnership (“Ratio Petroleum”) yesterday, that Hess Corporation (“Hess”) has increased its working interest (“WI”) in the Kaieteur Block, offshore Guyana, from 15% to 20%. This increase in Hess Corporation’s Kaieteur Block WI has occurred on the back
CALGARY, Alberta, April 21, 2021 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the …
Reuters OSLO- Equinor has discovered more oil and gas at its Tyrihans field in the Norwegian Sea, the company said on Wednesday. The discovery contains between 19 million and 26 million barrels of oil equivalent (boe) of recoverable resources, which could be immediately put into production, it added. “It is encouraging to prove new resources that can extend the life
Oil and Gas 360 HOUSTON, April 13, 2021 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE:TALO), along with affiliates of bp plc (“bp”) and Chevron U.S.A. Inc. (“Chevron”) (collectively, the “Co-Owners”) today announced successful drilling results from the Puma West exploration project located in the U.S. Gulf of Mexico Green Canyon Block 821. The Puma West well was
Capital Gazette Publisher’s Note: Arcadia Minerals, Inc. (AMI), owner of two advanced stage critical minerals deposits in Wyoming, has engaged EnerCom Inc. to assist in identifying potential joint-venture partners or buyers for its properties. Critical and rare earth minerals are on a steep demand trajectory on par with EV minerals (lithium, graphite, cobalt, copper, nickel) and used in high growth
Norwegian Petroleum Directorate 11/11/2020 ConocoPhillips Skandinavia AS, operator of production licence 1009, has concluded the drilling of wildcat well 6507/4-1. The well was drilled about 27 kilometres southwest of the Skarv field in the central part of the Norwegian Sea and 240 kilometres northwest of Brønnøysund. The primary and secondary exploration targets for the well were to prove petroleum in reservoir
