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World Oil News
Woodside Petroleum is in advanced talks to buy BHP Group’s petroleum division for about A$20 billion ($14.7 billion), the Australian Financial Review reported on Sunday, citing people familiar with the matter. Source
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Woodside Petroleum is in advanced talks to buy BHP Group’s petroleum division for about A$20 billion ($14.7 billion), the Australian Financial Review reported on Sunday, citing people familiar with the matter. Source
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Enbridge Inc.’s Line 3 oil pipeline from Alberta to Wisconsin could start operating as soon as Sept. 15, bringing relief to Canadian oil sands producers who have had limited access to export pipelines. Source
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Skyrocketing carbon prices and a “code red” warning about the threat posed by climate change are giving fresh momentum to a technology that captures and removes greenhouse gas emissions so they can be buried. Source
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The software combines innovative technology with a tightly integrated, end-to-end suite of workflows to create a complete and connected geoscience solution that enables a subsurface digital twin. Source
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Reuters reports that oilfield services provider Schlumberger has withdrawn its staff from the Offshore Technology Conference, set to take place in Houston August 16 – 19, in the face of rising Covid infection rates and hospitalizations. Source
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Pemex fought tooth and nail to wrest control of the country’s biggest private oil find from the companies that discovered it. Now it has found itself without the cash to actually develop the field. Source
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Brazil alone is expected to contribute around 23% or 1.3 million barrels per day of global crude oil and condensate production in 2025 from key offshore planned and announced projects that are expected to start operations between 2021 to 2025, according to GlobalData. Source
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Brazil alone is expected to contribute around 23% or 1.3 million barrels per day of global crude oil and condensate production in 2025 from key offshore planned and announced projects that are expected to start operations between 2021 to 2025, according to GlobalData. Source
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America’s energy technology and services sector added an estimated 6,082 jobs in July, a fifth straight month of growth, according to preliminary data from the Bureau of Labor Statistics and analysis by the Energy Workforce and Technology Council. Source
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