In a recent research partnership, PETRONAS Research Sdn Bhd (PRSB) and Australia's Curtin University are addressing one of the most high-cost corrosion problems in the oil, gas, and petrochemical industries.
As part of its Singapore Resid Upgrade Project and as demand for cleaner fuels and distillates are growing, ExxonMobil will upgrade its residual production into higher-value lubricant base stocks and cleaner fuels.
In an effort to further reduce carbon emissions in northeast England, Norway's Equinor has submitted a funding bid for the construction of a second major low-carbon hydrogen production plant, the company announced on Wednesday.
In an interview on Tuesday, ExxonMobil CEO Darren Woods said he expects the oil market to remain tight for three to five years.
A cooperation agreement has been signed between Neptune Energy, ExxonMobil subsidiary XTO Netherlands, Ltd., Rosewood Exploration Ltd., and EBN Capital B.V. to progress the L10 large-scale offshore carbon capture and storage project in the Dutch North Sea.
ConocoPhillips has been selected to partner with QatarEnergy on the North Field East (NFE) expansion project, the largest in the history of the LNG industry.
Chariot announced that it has signed a front-end engineering and design (FEED) agreement with Schlumberger and Subsea 7, as part of a consortium, for the Anchois gas development project in Morocco.
Following the approval of the 2022 budget, Iraq's Basra Oil Company will acquire the largest share of Exxon Mobil's stake in the southern West Qurna 1 oilfield, oil minister Ihsan Abdul Jabbar said, Reuters reported.
Igor Sechin, Rosneft PJSC's CEO, said Rosneft PJSC will proceed with its Vostok Oil project in the Arctic, just over a week after a key partner announced it would leave the venture over the invasion of Ukraine.
In a statement, Eni said that Gazprom had informed them it that it would deliver similar gas supplies on Saturday to those it sent in recent days indicating a fourth consecutive daily shortfall.
