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Oil and gas
Coal Production
House Committee Proposes Changes to Boost US Oil, Coal on Federal Lands
On Tuesday, the House Natural Resources Committee will review proposed changes to U.S. oil and gas drilling programs as part of a budget reconciliation bill. Th…
Crude Oil
Petrobras Posts Slight Drop In First-Quarter Oil and Gas Output
Petrobras, Brazil’s state-run oil company, reported its first-quarter production results, achieving a daily output of 2.77 million barrels of oil equivale…
Oil and Gas Equipment
CHC, Court Helicopters Partner to Enhance Offshore Safety, Transportation in Namibia
CHC Helicopter (CHC) has signed a Memorandum of Understanding (MoU) with Namibian aviation operator Court Helicopters to explore a strategic partnership focused…
Biofuel
Brazilian Giants Vale and Petrobras Test Biofuel Blend on Bulk Carrier
Brazilian mining company Vale and oil and gas leader Petrobras have partnered to test a biofuel blend containing 24% second-generation biodiesel on a Vale-chart…
Crude Oil
Chevron and TotalEnergies Flow First Oil & Gas From Gulf of America Project
Chevron, a U.S.-based energy company, and TotalEnergies, headquartered in France, have initiated oil and gas production at the Ballymore deepwater project in th…
Oil and Gas Equipment
Exxon Consortium to Begin Installation of Floating Oil Facility in Guyana
A consortium led by Exxon Mobil, a U.S.-based energy company, is preparing to install its fourth floating production storage and offloading (FPSO) facility, nam…
Crude Oil
Trio Petroleum Acquires Cash Flow-Positive Oil Assets in Saskatchewan, Canada
Trio Petroleum, a California-based oil and gas company, has finalized the purchase of petroleum and natural gas assets from Novacor Exploration in the Lloydmins…
Geothermal Power Project
Bill on Repurposing Oil and Gas Wells to Geothermal Passed in New Mexico, US
New Mexico Governor Michelle Lujan Grisham has signed House Bill 361, establishing a framework to repurpose existing oil and gas wells for energy storage or geo…
Crude Oil
Occidental Petroleum Flags Higher Prices for Oil and Gas Production in Q1
On Wednesday, Occidental Petroleum, a U.S. shale company, reported that prices for its oil and gas production in the first quarter were higher than in the previ…
Oil and Gas Equipment
SPIE Secures Five-Year Maintenance Contract for Offshore Angola Oil Platforms
SPIE Global Services Energy, a subsidiary of SPIE, has secured a five-year contract with Sonangol Exploração & Produção to maintain …
LNG
Japan’s Inpex Starts Engineering Design for Indonesia’s Abadi LNG Project
Japan’s Inpex Corp, a major oil and gas exploration company, launched the front-end engineering design (FEED) phase for its Abadi liquefied natural gas (L…
Oil Price
Azerbaijani Oil Decreases in Price
Wedoany.com Report-Apr. 8, On April 7, the price of Azerbaijan’s Azeri Light crude oil dropped by $1.5 (2.15%) on a CIF basis at the Italian port of Augus…
Oil & Gas Trade
China’s CNOOC Exits U.S. Offshore Oil and Gas
British energy firm Ineos has finalised its acquisition of the U.S. Gulf assets from China’s state-owned oil company, CNOOC. The deal, completed on April …
Oil & Gas Trade
PetroChina Reports Record 2024 Net Income on Higher Production
PetroChina (601857.SS), Asia's largest oil and gas producer, on Sunday said annual net profit rose 2% to a record high, as moderately higher production help…
Electric Vehicle Charging
Head of BP’s EV Charging Unit Richard Bartlett Leaves Company
The head of BP's (BP.L), electric vehicle charging business BP Pulse, Richard Bartlett, has left the company, a BP spokesperson said on Thursday, weeks afte…
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