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Saudi Aramco agrees to purchase Chile’s Esmax

Cairo — Saudi Arabian oil giant Aramco agreed to purchase a Chile’s Esmax Distribución SpA (Esmax) from Southern Cross Group, the company said in a statement on Friday. “The transaction is subject to certain customary […]

US drillers add most oil and gas rigs since November -Baker Hughes

*US rig count News wire — The oil and gas rig count, an early indicator of future output, rose nine to 641 in the week to Sept. 15, its highest since mid-August. Despite this week’s […]

TotalEnergies & Air Liquide collaborate on green hydrogen

*The Gonfrevillle Normandy platform – To decarbonize the Normandy platform Paris –- TotalEnergies and Air Liquide have signed an agreement for the long-term supply of green and low carbon hydrogen to the TotalEnergies refining and […]

OFS providers advocate decarbonizing Angola’s oil & gas operations

*Building decarbonization Luanda, Angola — As the upstream industry undergoes a global shift toward decarbonization, a strategic panel at Angola Oil & Gas 2023 Conference & Exhibition – which is organized by Energy Capital & […]

Berri Oil Field expansion project to double crude processing & production

*Berri Oil Field expansion project. Lagos — Once the expansion of the facilities is completed, this oil field will increase its production from 250,000 bpd of Arab Light crude oil to more than 500,000 bpd, […]

BP CEO Looney resigns over personal relationships with colleagues

“During that review, Mr Looney disclosed a small number of historical relationships with colleagues prior to becoming CEO. No breach of the Company’s Code of Conduct was found. However, the Board sought and was given […]

Tullow Oil reduces upper end of 2023 output outlook

*Tullow Oil Plc. London — West Africa-focused Tullow Oil (TLW.L) on Wednesday reduced the upper end of its production outlook for this year to 58,000-60,000 barrels per day (bpd) from 58,000-64,000 bpd. The reduction was […]

NSCDC parades 10 suspects over oil theft in Rivers

*10 suspects paraded by NSCDC for oil theft. – Impounds 28,225 litres of AGO Mkpoikana Udoma Port Harcourt — The Nigeria Security and Civil Defence Corps, NSCDC has paraded 10 suspects for pipeline vandalism, oil […]

Chevron refutes oil theft allegations

*Chevron Nigeria Limited Oritsegbubemi Omatseyin Lagos — Chevron Nigeria Limited, CNL, operator of the joint venture between the Nigerian National Petroleum Company Limited and CNL–NNPCL/CNL JV, has refuted alleged involvement in crude oil theft in […]

NUPENG threatens industrial action over NAOC sale

*Nigerian Agip Oil Company Mkpoikana Udoma Port Harcourt — The National Union of Petroleum and Natural Gas Workers, NUPENG, has vowed to resist the sale of the Nigerian Agip Oil Company, NAOC, until all industrial relations […]