Equinor, ExxonMobil, and Petrogal Brasil have agreed to invest $8 billion in the development of Brazil’s Bacalhau oil discovery, according to Reuters. First oil from the field, which will be operated by Equinor,...
ExxonMobil made an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana, according to ExxonMobil’s press release. Uaru-2 will add to the block’s previously reported gross discovered recoverable resou...
ExxonMobil’s plan to develop a pilot project for hydraulic fracturing, known as fracking, in the Valle Medio del Magdalena basin in Colombia has been provisionally approved by Colombia authority, according to Reuters....
ExxonMobil and Porsche have begun testing advanced biofuels, renewable, and lower- carbon eFuels as part of a new agreement to find ways toward potential future consumer adoption, according to a press release issued b...
In celebration of Women’s History Month and in recognition of the remarkable milestones women have reached in the oil and gas industry, Egypt Oil & Gas (EOG) Committee hosted its first female empowerment webinar ...
The Iraqi Cabinet has approved the recommendation of the Ministerial Council for Energy for conducting a tender to drill 96 oil wells in Basra, a statement issued by the General Secretariat of the Cabinet announced. T...
The Egyptian Maintenance Company (San Masr) has announced an achievement of a growth in 2020 roughly EGP 6.6 billion, which indicated an increase of 30% compared to 2019, a relevant press statement cited. Per the sta...
ExxonMobil Egypt (Upstream), in cooperation with Tharwa Petroleum Company, signed an agreement with the Egyptian Natural Gas Holding Company (EGAS) to acquire a concession covering more than 4,000 km2 in the Star mari...
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has signed nine new agreements worth more than $1 billion with six international and Egyptian companies for drilling 17 new exploration wells to search ...
Louisiana Governor, John Bel Edwards, stated that ExxonMobil Company is studying to invest more than $240 million in Baton Rouge refinery, from which it is producing 517,700 barrels per day (b/d), Reuters reported. He...