bp Starts Production from Seagull Oil, Gas Field in UK North Sea
bp has announced the start of production at the Seagull oil and gas field in the UK North Sea, boosting energy supplies along with supporting the supply chain and jobs in the region.
News / International
Eni, Saipem to Develop New Biorefineries
Eni and Saipem have signed an agreement to support the transformation of traditional refineries and the establishment of new biorefineries by Eni. The agreement was signed on Monday by Giuseppe Ricci, Chief Operating Officer for Energy Evolution at Eni, and Alessandro Puliti, Chief Executive Officer at Saipem.
Equinor Announces Gas Discovery in the North Sea
Equinor, an international energy company headquartered in Norway, has announced on Monday a gas discovery near the Gina Krog field in the North Sea with an estimated recoverable volume between 5 and 16 barrels of oil equivalent (boe).
Edison Records Rise in Net Income in Q3 2023
Edison International has announced its third-quarter net income of $155 million, or $0.40 per share, compared to net loss of $128 million, or $0.33 per share, in the third quarter of last year.
US LNG Exports Reach Second Highest Monthly Level
US liquefied natural gas (LNG) producers increased their exports in October, reaching a level of 7.92 million metric tons, according to data provider LSEG, marking the second-highest monthly level on record, just shy of the record 8.01 million metric tons achieved in April of this year.
TotalEnergies Extends Partnership with Oman LNG
TotalEnergies has announced that it had signed an amendment to extend its partnership with Oman LNG liquefied natural gas (LNG) beyond 2024 by ten years and with Oalhat LNG by five years.
Uganda to Hand Over Petroleum Supply Deal to Vitol
Uganda plans to hand over rights for the supply of all petroleum products to a unit of global energy trader Vitol. This deal aims to end the current system, which sources oil products through neighboring Kenya, said Uganda's Energy Minister, Ruth Nankabirwa, highlighting the need for a more secure and efficient supply chain.
OMV, ADNOC Mull Possible Chemicals Business Merger
OMV, the Austrian energy company, is currently in negotiations with Abu Dhabi National Oil Company (ADNOC) regarding a potential merger of their chemicals business as OMV's Chief Executive, Alfred Stern, said following the release of the company's third quarter results.
Enterprise Expands Operations in Permian Basin
Enterprise Products Partners LP has announced that it is investing in a series of new projects to further expand its existing natural gas processing and gathering systems in the Delaware and Midland sub-basins of the Permian basin.
US Records Rise in Crude Oil, Gas Production
The Energy Information Administration (EIA) has announced that US field production of crude oil reached a new monthly record in August, with an output of 13.05 million barrels per day (bbl/d), representing a 0.7% increase from the previous month.
