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U.S. oil and gas trade groups applaud introduction of Energy Permitting Reform Act of 2024

(WO) – U.S. oil and gas trade groups, including the Independent Petroleum Association of America (IPAA) and the National Ocean Industries Association (NOIA) released statements after Senate Energy & Natural Resources Committee Chairman Joe Manchin […]

Nigeria investigates fuel imports after Dangote Refinery rift with regulator

*A member of the quality assurance team at the Dangote Petroleum Refinery puts diesel oil in a vessel for sulfur testing at the Dangote lab in Lagos, Nigeria, July 20, 2024. REUTERS/Marvellous Durowaiye/File. Lagos — […]

ExxonMobil to transfer operations of assets of 2 production-sharing contracts in Malaysia to Petronas

Reuters had reported on Friday that Exxon Mobil had agreed to sell its Malaysian oil and gas assets to Petronas, citing two people with direct knowledge of the matter. “This is not a sale and […]

UK’s new Labour government leaves question about future of North Sea oil and gas production

(Bloomberg) – The UK’s newly elected Labour government has laid out its plans to boost clean energy, but questions remain about the future of North Sea oil and gas. Source: TotalEnergies Petroleum production […]

OPDS airstrikes eight illegal refining sites in Rivers

*Nigeria Air Force destroys illegal refining sites in Rivers State. Mkpoikana Udoma Port Harcourt — The air component of Operation Delta Safe, says it has carried out reconnaissance missions along Shell-operated Kolo Creek Trunkline and […]

OPDS airstrikes eight illegal refining sites in Rivers

*Nigeria Air Force destroys illegal refining sites in Rivers State. Mkpoikana Udoma Port Harcourt — The air component of Operation Delta Safe, says it has carried out reconnaissance missions along Shell-operated Kolo Creek Trunkline and […]

Occidental explores $3.6 billion sale of CrownRock Permian stake to Colombia’s EcoPetrol

(Bloomberg) – Occidental Petroleum Corp. is exploring selling a 30% ownership stake in its recent Permian basin acquisition to EcoPetrol SA for $3.6 billion, the company said Friday in a government filing. Depending […]

NNPC Ltd, industry players, security agencies unite to curb oil theft

*GCEO of NNPC Ltd., Mr. Mele Kyari and other stakeholders in Port Harcourt on Wednesday. Mkpoikana Udoma Port Harcourt — In a significant move to tackle the menace of crude oil theft and pipeline vandalism […]

133 Alberta wildfires threaten 500,000 bpd of Canadian oil sands production

(Bloomberg) – A flareup of wildfires in Alberta is threatening as much as half a million bpd of oil sands production, with MEG Energy Corp becoming the latest company to evacuate workers. About […]

TechnipFMC secures “large” subsea contract worth up to $1 billion for Katlan project in Mediterranean Sea

(WO) — TechnipFMC has been awarded a large integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Energean for its Katlan offshore development in the Mediterranean Sea. According to an online statement, the contract is […]