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Latest:
  • U.S. judge voids 80 million acres of offshore oil and gas leases
  • ‘We Have Enough Petrol To Meet Needs Of Nigerians,’– NNPC Reacts To Fuel Queues
  • Brent hits $90 for first time since 2014 on supply jitters
  • Hilcorp employees in line for $75,000 bonuses after meeting multi-year goals
  • Iran bases its 2022 budget on $60 oil
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Exploration
November 2, 2021 admin

Carbon+Intel: ExxonMobil and Pertamina to evaluate carbon capture and storage in Indonesia

From WorldOil.com IRVING, TX – ExxonMobil and Pertamina, the state-owned energy company for Indonesia, signed a Memorandum of Understanding (MoU)

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Exploration
November 2, 2021 admin

Uganda counts on TotalEnergies, CNOOC to create new African oil hub

Re-posted from WorldOil.com (Bloomberg) – Ugandan President Yoweri Museveni is counting on TotalEnergies SE and CNOOC Ltd. to produce oil

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Exploration
November 2, 2021 admin

Shale driller Diamondback to hold oil output steady through 2022

From WorldOil.com HOUSTON (Bloomberg) –Diamondback Energy Inc. just gave one of the first shale production forecasts for next year, and

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Exploration
November 2, 2021 admin

Neptune Energy partners with green group on offshore UK methane study

From WorldOil.com Neptune Energy announced the completion of a first-of-its-kind collaboration with Environmental Defense Fund (EDF) to measure methane emissions

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Oil news
November 2, 2021 admin

BP says global oil demand has passed 100 million barrels per day

Re-posted from WorldOil.com (Bloomberg) –As world leaders discuss the fight against climate change, global oil demand has bounced back above

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Market Price
November 1, 2021 admin

Oil prices rose 11% in October on diminishing global stockpiles

Reposted from WorldOil.com (Bloomberg) –Oil posted a monthly gain of 11% on signs that consumption is outpacing supply and draining

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Oil Crisis
November 1, 2021 admin

Oil majors won’t ride to the rescue as world faces energy shortages

Reposted from WorldOil.com HOUSTON (Bloomberg) –The world’s biggest energy companies are producing the most cash in years, but don’t expect

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Oil Crisis
November 1, 2021 admin

OPEC rejects Biden’s call for more oil

From WorldOil.com (Bloomberg) –OPEC+ headed for a clash with the U.S. as more members rejected President Joe Biden’s call for

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Oil Crisis
October 28, 2021 admin

Shell CEO defends strategy against breakup-minded activist investor

Reposted from WorldOil.com LONDON (Bloomberg) –Royal Dutch Shell Plc mounted a robust defense against activist investor Dan Loeb’s bid to

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Oil Crisis
October 28, 2021 admin

Loss of IDCs and Percentage Depletion could cost Texas 120,000 direct upstream jobs, says Alliance

Culled from WorldOil.com As U.S. House Democrats inch closer to striking a deal on a massive Budget Reconciliation package with

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Latest News

  • U.S. judge voids 80 million acres of offshore oil and gas leases January 28, 2022
  • ‘We Have Enough Petrol To Meet Needs Of Nigerians,’– NNPC Reacts To Fuel Queues January 27, 2022
  • Brent hits $90 for first time since 2014 on supply jitters January 26, 2022
  • Hilcorp employees in line for $75,000 bonuses after meeting multi-year goals December 12, 2021
  • Iran bases its 2022 budget on $60 oil December 12, 2021
  • Pemex plans to cut oil exports to meet domestic fuel demand December 10, 2021
  • Shell investors endorse UK headquarters move December 10, 2021
  • Biden halts federal aid for overseas fossil fuel projects – with plenty of exceptions December 10, 2021
  • Seeq signs industrial digitalization agreement with Saudi Aramco December 9, 2021
  • Canada’s oil output may start declining in 2032, regulator says December 9, 2021

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