Workers on strike at Royal Dutch Shell's Pernis plant in the Netherlands have taken offline a thermal gasoil installation, a Dutch union said, in the first sign of any impact from industrial action on Europe's largest oil refinery.
Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announce that the Karish North exploration well has made a significant gas discovery.
In 2018, U.S. exports of crude oil rose to 2.0 MMbpd, nearly double the 1.2 MMbpd rate in 2017. Export volumes by destination changed significantly during the year, as U.S. crude oil exports to China fell and exports to other destinations such as South Korea, Taiwan, and Canada increased.
As Chevron's North Sea oil and gas fields divestment progresses, Israel’s Delek Group Ltd. and U.K. chemicals company Ineos Group are top contenders, according to people familiar with the matter.
Commenting on Chevron’s US$50 billion cash-and-stock acquisition of Anadarko, Roy Martin, Wood Mackenzie’s senior corporate analyst, said “This is the biggest upstream deal since Shell and BG in 2015.
Maersk Supply Service signed a contract with Eniram, a Wärtsilä company, to install an Energy Advisory System on its vessels. The system will use high quality data to optimize operations and save fuel in real time, lowering the company’s carbon footprint and fuel costs for customers.
Chevron’s $33 billion bid for Anadarko Petroleum may presage a new Permian basin buying spree, with Pioneer Natural Resources and Concho Resources among the next prime targets.
At $33 billion, Chevron’s acquisition of Anadarko Petroleum is something of a bargain, according to investors.
Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, signed an agreement to sell its 22.45% non-operated interest in the Caesar-Tonga asset in the US Gulf of Mexico to Delek CT Investment LLC, a subsidiary of Delek Group Ltd. The total consideration for this deal is $965 million in cash.
President Donald Trump's nominee for interior secretary, David Bernhardt, a former oil lobbyist, has been confirmed by the U.S. Senate in a vote Thursday.
More than a third of Aramco’s oil is currently fed into its fully-owned and joint venture refineries, according to its bond prospectus. The company plans to double its refining network to handle as much as 10 MMbopd by 2030, locking in a friendly buyer for the kingdom’s crude.
The Permian Basin has produced so much natural gas that by the end of 2018 producers were burning off more than enough of the fuel to meet residential demand across Texas.
President Donald Trump on Wednesday signed executive orders intended to ease permitting and construction of pipelines and other energy infrastructure – an action that quickly drew the praise of industry organizations.
A contractor boring under a sidewalk hit a 2-inch gas line caused an explosion that partially collapsed a North Carolina building, killing one person and injuring more than a dozen others, police said.
Exxon Mobil is in discussions to build a platform that would expand the export reach of Israel’s biggest natural gas field.
A working meeting between Alexey Miller, chairman of the Gazprom Management Committee, and Sylvie Bermann, ambassador extraordinary and plenipotentiary of France to the Russian Federation, took place today at the Arctic: Territory of Dialogue 5th International Arctic Forum in St. Petersburg.