The deal will increase Occidental’s production 5% to about 1.32 MMboed in 2024, with the extra coming from the Permian basin, the Houston-based company said in a statement Wednesday. Capital spending will increase about 6% to $6.9 billion. SourceContinue Reading

Tajikistan’s Trade Deficit Widens Despite Booming Gold Exports | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Aug 08, 2024, 1:00 PM CDT Tajikistan’s foreign trade turnover grew by...Continue Reading

Japan’s Top Oil and Gas Explorer Raises Shareholder Returns Despite Profit Drop | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 08, 2024, 12:29 PM CDT The largest Japanese oil and gas explorer, Inpex, is raising returns for shareholders to a record-high, despite posting a...Continue Reading

The new build FSO, based on a Suezmax-type hull, will be equipped with a Disconnectable Turret Mooring (“DTM”) system designed by SBM Offshore. The FSO will be moored in water depth of about 2,500 m and will be able to store around 950,000 bbl of crude oil. SourceContinue Reading

PETRONAS has achieved success offshore Suriname with the Sloanea-2 appraisal well in Block 52, which was drilled in June. This accomplishment has bolstered PETRONAS’ prospects in the basin and opens the possibility of developing a standalone Floating Liquified Natural Gas (FLNG) project at the field in the future. SourceContinue Reading

Halliburton will provide a wide range of services to include fluids, completion equipment, wireline, slickline, flowback services, and coiled tubing, integrating and coordinating these services through Halliburton’s project management service line to ensure efficient and effective execution. SourceContinue Reading

Harbour Energy Bounces Back to Profitability Despite Revenue Dip | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Related News By City A.M – Aug 08, 2024, 11:30 AM CDT Harbour Energy has...Continue Reading

U.S. Sanctions Squeeze Russian and Chinese Banks | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Aug 08, 2024, 11:00 AM CDT Chinese banks are limiting cross-border...Continue Reading

ChargePoint Launches Charging Connector That Fits Almost Any EV | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Aug 08, 2024, 10:30 AM CDT ChargePoint Holdings, which operates the largest electric...Continue Reading

Gazprom Exports to Europe via Ukraine Continue Despite Fighting | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Aug 08, 2024, 10:00 AM CDT Russian gas exports to Europe have continued despite reports of Ukrainian forces seizing a key gas metering station near the Russia-Ukraine border....Continue Reading