Saudi Arabia starts carbon-capture center
14/11/2022
(Bloomberg) – Saudi Arabia has established a carbon-capture sequestration center, as the state oil giant seeks to reach its goal of net-zero emissions by 2060.
Alaska's pricey crude pushed out of China by Russian oil
14/11/2022
(Bloomberg) – China’s passion for Alaskan oil appears to be over as the country turns to Russia.
Oil drops as US inventories swell amid China's Covid Challenges
14/11/2022
(Bloomberg) – Oil declined as U.S. crude inventories rose while China struggles to contain rising Covid cases.
Exxon Mobil considers takeover of oil recovery specialist Denbury
18/10/2022
(Bloomberg) — Exxon Mobil Corp. is considering a takeover of Denbury Inc., an oil and gas producer with the largest carbon dioxide pipeline network in the U.S., according to people familiar with the matter.
Exxon Mobil considers takeover of oil recovery specialist Denbury
12/10/2022
(Bloomberg) — Exxon Mobil Corp. is considering a takeover of Denbury Inc., an oil and gas producer with the largest carbon dioxide pipeline network in the U.S., according to people familiar with the matter.
Nigerian oil production continues slump amid onshore shutdown
12/10/2022
(Bloomberg) — Nigeria’s oil output continued to fall in September as some onshore production ground almost to a halt, according to government data.
Halliburton introduces HalVue for wireline data visualization
12/10/2022
Halliburton Company introduced the HalVue® service for real-time wireline data visualization to expand current features on the platform. HalVue is a real-time data monitoring application that gives customers a consistent view of data across operations as it comes in from the rig to help maximize asset value. Halliburton recently updated HalVue to incorporate wireline data visualization. Previously, the application allowed customers to visualize mudlogging, MWD/LWD, and cementing. HalVue offers a true Multi Well/Offset Well Comparison to enhance decision making and streamlines workflows.
Putin says OPEC+ production cut is not targeted against anyone
12/10/2022
(Bloomberg) — Decisions of the Organization of Petroleum Exporting Countries and its allies are designed to stabilize global energy markets and are not targeted against anyone, Russian President Vladimir Putin insisted.
Dana Petroleum awards Petrofac well management services contract
12/10/2022
Petrofac, a provider of services to the global energy industry, has been selected by Dana Petroleum to provide well management services for all its UK North Sea operated assets. These include both the Triton FPSO and the Western Isles FPSO (Floating Production Storage and Offloading) vessels in the North Sea.
Russian Deputy PM says restoration of Nord Stream possible, TASS reports
05/10/2022
MOSCOW, Oct 2 (Reuters) - Russian Deputy Prime Minister Alexander Novak said on Sunday that it was technically possible to restore the ruptured offshore infrastructure of the Nord Stream gas pipelines, TASS news agency reported.