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(Bloomberg) — Exxon Mobil Corp. and Chevron Corp. beat analysts’ profit, output and sales estimates as rising oil production from the Permian Basin helped offset weaker crude prices. Exxon’s third-quarter adjusted earnings exceeded […]

Shell Brasil, a subsidiary of Shell plc, announced the start of production of the FPSO facility Marechal Duque de Caxias in the Mero field, in the pre-salt area of the Santos Basin, offshore Brazil. Also […]

Halliburton has announced the addition of SandTrap® XL to its sand consolidation portfolio. This latest innovation addresses the industry’s challenge of excessive sand production with a low-viscosity resin system. Activated externally, it enables solids control […]

Petrofac has been awarded a multi-million-dollar, two-year contract by Bapco Upstream (formerly Tatweer Petroleum) to further enhance its production in Bahrain. Petrofac will support Bapco Upstream’s production plans, to meet gas demands for the Kingdom, through the delivery […]

(Bloomberg) — Guyana’s oil output dropped 11% in the third quarter as Exxon Mobil Corp. temporarily shut down two of its three production vessels to connect a new gas-to-shore pipeline. Hess Corp., which has a […]