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September 21, 2021
Shell Exits Permian In $9.5 Billion Deal | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Sep 21, 2021, 8:50 AM CDT Anglo-Dutch oil supermajor Shell is set to leave the Permian with...
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OPEC and its allies can likely continue reviving oil production, two key Middle East members said as the group prepares to consider its next supply hike. Source
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The world’s biggest gas traders and producers are meeting in Dubai this week for the Gastech conference — the first major in-person event for the industry since the onset of the coronavirus pandemic. Source
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Royal Dutch Shell Plc is proving it’s taking a different approach to the energy transition. Source
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The U.S. Energy Information Administration reported crude oil inventories in Cushing, Oklahoma, totaled 32.9 million barrels (excluding pipeline fill and stocks in transit by water and rail) in the week ending September 10, which is a 42% decrease since the beginning of the year. Source
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Oil rose after a two-day decline with a selloff in global equities easing and some crude output still shut three weeks after Hurricane Ida hit the U.S. Source
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Key Energy Services, Inc. announced the sale of substantially all of its Texas and New Mexico fluid management and saltwater disposal well assets for cash and the assumption by the buyer of the related asset retirement obligations. Source
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Aquaterra Energy has signed a partnership with renewable hydrogen producer and supplier Lhyfe and offshore drilling contractor Borr Drilling to develop an innovative concept for offshore green hydrogen production in the North Sea. Source
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Aberdeen-based global well engineering and drilling project management firm Norwell Engineering has won a lucrative contract worth more than $30 million with ONGC, India’s national oil company. Source
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Russia expects oil output next year to be back near its post-Soviet high as OPEC+ eases production curbs. Source
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