Sable expects maintenance activities for pipeline 324/325 (previously 901/903) to be completed in time for a restart by year’s end. SourceContinue Reading
Saudi Arabia is preparing to make a multibillion-dollar bet on hydrogen and will launch a new company to produce the much hyped low-carbon fuel, according to people familiar with the matter. SourceContinue Reading
Libya’s oil production climbed above 1 MMbpd for the first time in two months, after the resolution of a political standoff in the OPEC nation that had curbed output and exports. SourceContinue Reading
Chevron Corp. agreed to sell stakes in oil sands and shale assets in Western Canada to Canadian Natural Resources Ltd. for $6.5 billion. SourceContinue Reading
Saja Energy has been named the official distributor of Neo Oiltools’ neotork Vibration Management Tool in Saudi Arabia. This announcement follows Neo Oiltools’ recognition of Saja Energy, a Saudi Arabia-based provider of energy sector products and services. SourceContinue Reading
According to new analysis by Wood Mackenzie, the UK government must create a more predictable tax regime for the North Sea oil and gas sector to ensure long-term stability. After a history of ad hoc changes, the need for a clear tax framework has become urgent. SourceContinue Reading
Exxon said lower oil prices and refining margins reduced third-quarter earnings by $1.6 billion compared with the previous period. SourceContinue Reading
Russia’s own data show its crude production in September fell just below its monthly target under the OPEC+ deal, according to people familiar with figures from the country’s Energy Ministry. SourceContinue Reading
Chesapeake Energy Corporation and Southwestern Energy Company have officially completed their merger, forming a newly rebranded entity, Expand Energy Corp. SourceContinue Reading
Russia’s own data show its crude production in September fell just below its monthly target under the OPEC+ deal, according to people familiar with figures from the country’s Energy Ministry. SourceContinue Reading
